Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.008%
Price spread now: HTX against Pacifica+0.024%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)+0.133%+$13 · spread now +0.024%, 7d avg +0.136%
=Together, before fees+0.064%+ Points / potential airdropPacifica: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.111% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.136%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,345.9 | 0.0100 | pay 0.0013% / 1h | 47m 29s | $1.0M | $368K | 10x |
| Short | HTX PAXG-USDT | 4,347 | 0 | get 0.0000% / 4h | 1h 47m | $909K | $656K | 75x |
Pacifica PAXG
HTX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.024% → +0.136%
- −$11.15
- Slippage, 4 orders
- −$26.4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$78.54
- Costs to cover
- 0.464%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 1 min ago; HTX: live order book, 36 min ago.
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 Pacifica live order book, 1 min ago | 0.12 bp | 4.5 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 36 min ago | 1.75 bp | 18.0 bp −$18 | 19.9 bp −$199 | 31.6 bp −$3,157 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PAXG-USD | 0.0000% | 1h | 4,343.7 | −0.051% | $101K | $13K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,347.1 | +0.027% | $15.8M | $3.6M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,340 | −0.138% | $2K | $4.0M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,348.8 | +0.067% | $7.9M | $865K | 50x | as long as short |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,347 | +0.024% | $909K | $656K | 75x | |
| Hibachi PAXG/USDT-P | +0.0024% | 1h | 4,345.7 | −0.005% | $47K | $146K | 20x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,337 | −0.206% | $1K | $121K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0080% | 1h | 4,346.1 | +0.005% | $1.3M | $1.4M | 20x | as long as short |
| Lighter PAXG | +0.0096% | 1h | 4,344 | −0.045% | $1.4M | $273K | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.0100% | 8h | 4,344.6 | −0.031% | $80K | $3.7M | 50x | as long as short |
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Hibachi PAXG/USDT-P
Injective PAXG/USDC PERP
Kraken Futures PF_PAXGUSD
Lighter PAXG
Paradex PAXG-USD-PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | +0.0100% | 1h | 4,345 | −0.022% | $20.3M | $1.8M | 10x | as long as short |
| Aster PAXGUSDT | +0.0100% | 4h | 4,345 | −0.023% | $907K | $28K | 50x | as long as short |
| Pacifica PAXGlong | +0.0100% | 1h | 4,345.9 | long leg | $1.0M | $368K | 10x | |
| Binance PAXGUSDT | +0.0100% | 4h | 4,345 | −0.021% | $80.0M | $67.9M | 75x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,345.4 | −0.012% | $15.2M | $3.6M | 75x | as long as short |
| MEXC PAXG_USDT | +0.0100% | 4h | 4,342.4 | −0.081% | $16.0M | $1.2M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,347.1 | +0.026% | $26.8M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,345.8 | −0.003% | $9.3M | $13.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,345.5 | −0.011% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,346.2 | +0.005% | $1.4M | $955K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,344 | −0.045% | $12.4M | $114K | — | as long as short |
| GRVT PAXG_USDT_Perp | +0.0100% | 4h | 4,345.2 | −0.017% | $1.5M | $2.0M | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.0100% | 1h | 4,343 | −0.067% | $263K | $798K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,343.8 | −0.049% | $557 | — | 10x | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,340 | −0.137% | $1.5M | $38K | 50x | as long as short |
| Extended PAXG-USD | +0.0104% | 1h | 4,344.4 | −0.036% | $377K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,345.4 | −0.013% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0320% | 1h | 4,347.6 | +0.038% | $976K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.1432% | 1h | 4,361.2 | +0.351% | $29K | $21K | 10x | as long as short |
Hyperliquid PAXG
Aster PAXGUSDT
Binance PAXGUSDT
Bybit PAXGUSDT
MEXC PAXG_USDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
GRVT PAXG_USDT_Perp
ApeX Omni PAXGUSDT
Orderly PERP_PAXG_USDC_mythos
Phemex PAXGUSDT
Extended PAXG-USD
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD