PAXG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0721%/8h= +78.9% APRnext payment +$0.90 per $10,000 · paid last 24h +0.233%

Price spread now: 01 Exchange against Hyperliquid+0.269%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and 01 Exchange is 0.269% dearer against Hyperliquid than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid PAXG	4,325.4	0.0071	pay 0.0009% / 1h	33m 09s	$20.7M	$2.3M	10x
Short	01 Exchange PAXGUSD	4,337	0.0792	get 0.0099% / 1h	33m 09s	$29K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee 01 ExchangebpOrdersPrice spread, now +0.269%Rate

Funding earned: $151.35
Price spread: +0.269% → 0.000%: $26.93
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $162.29
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Hyperliquid: live order book, 10 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 10 min ago	0.12 bp	4.7 bp −$5	5.5 bp −$55	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PAXG on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi PAXG/USDT-P	−0.0168%	1h	4,329.2	+0.089%	$42K	$162K	20x	as long as short
Lighter PAXG	−0.0128%	1h	4,322.5	−0.066%	$1.4M	$385K	25x	as long as short
Kraken Futures PF_PAXGUSD	−0.0102%	1h	4,324.5	−0.019%	$1.3M	$1.6M	20x	as long as short
ApeX Omni PAXGUSDT	−0.0018%	1h	4,329.3	+0.092%	$262K	$782K	50x	as long as short
dYdX PAXG-USD	0.0000%	1h	4,330	+0.108%	$101K	$12K	5x	as long as short
Gate PAXG_USDT	0.0000%	8h	4,326.8	+0.034%	$15.6M	$3.5M	100x	as long as short
SunX PAXG-USDT	0.0000%	4h	4,319.1	−0.146%	$2K	$3.4M	20x	as long as short
Deribit PAXG_USDC-PERPETUAL	0.0000%	1h	4,326.6	+0.030%	$7.9M	$839K	50x	as long as short
HTX PAXG-USDT	0.0000%	4h	4,330.2	+0.112%	$904K	$702K	75x	as long as short
GRVT PAXG_USDT_Perp	+0.0024%	4h	4,333.1	+0.180%	$1.5M	$1.9M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective PAXG/USDC PERP	+0.0033%	1h	4,347.3	+0.507%	$1K	$151K	30x	as long as short
Binance PAXGUSDT	+0.0038%	4h	4,326.1	+0.018%	$79.7M	$72.3M	75x	as long as short
MEXC PAXG_USDT	+0.0038%	4h	4,328.4	+0.070%	$16.1M	$1.0M	100x	as long as short
Extended PAXG-USD	+0.0040%	1h	4,322	−0.077%	$379K	$1.4M	25x	as long as short
Aster PAXGUSDT	+0.0069%	4h	4,325.6	+0.007%	$902K	$26K	50x	as long as short
Hyperliquid PAXGlong	+0.0071%	1h	4,325.4	long leg	$20.7M	$2.3M	10x
Paradex PAXG-USD-PERP	+0.0099%	8h	4,328.6	+0.074%	$80K	$3.4M	50x	as long as short
Orderly PERP_PAXG_USDC_mythos	+0.0100%	4h	4,324	−0.031%	$555	—	10x	as long as short
Pacifica PAXG	+0.0100%	1h	4,330.3	+0.114%	$1.0M	$348K	10x	as long as short
Bybit PAXGUSDT	+0.0100%	4h	4,327	+0.037%	$14.9M	$3.9M	75x	as long as short
KuCoin PAXGUSDTM	+0.0100%	4h	4,325.8	+0.010%	$28.5M	$5.3M	30x	as long as short
Bitget PAXGUSDT	+0.0100%	4h	4,326.6	+0.028%	$9.7M	$15.4M	50x	as long as short
BingX PAXG-USDT	+0.0100%	4h	4,325.5	+0.004%	—	$6.8M	—	as long as short
Backpack PAXG_USDC_PERP	+0.0100%	1h	4,325.3	−0.001%	$1.3M	$801K	50x	as long as short
Variational Omni PAXG	+0.0100%	4h	4,329.7	+0.100%	$12.3M	$222K	—	as long as short
Phemex PAXGUSDT	+0.0100%	4h	4,327	+0.038%	$1.5M	$33K	50x	as long as short
Reya PAXGRUSDPERP	+0.0189%	1h	4,323.2	−0.049%	$20K	—	100x	as long as short
Coinbase International PAXG-PERP-INTX	+0.0248%	1h	4,331	+0.131%	$953K	$1.1M	50x	as long as short
01 Exchange PAXGUSDshort	+0.0792%	1h	4,337	+0.269%	$29K	$24K	10x