Funding you earn now, next payment 05:00 UTC−0.0880%/8h= −96.4% APRpaid last 24h −0.259%
Price spread now: HTX against 01 Exchange−0.185%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and HTX is 0.185% cheaper against 01 Exchange than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PAXGUSD | 4,348.7 | 0.0880 | pay 0.0110% / 1h | 6m 47s | $29K | $24K | 10x |
| Short | HTX PAXG-USDT | 4,340.7 | 0 | get 0.0000% / 4h | 3h 06m | $903K | $689K | 75x |
01 Exchange PAXGUSD
HTX PAXG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against 01 Exchange. 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
- −$184.8
- Price spread: −0.185% → 0.000%
- −$18.51
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$222.31
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; HTX: live order book, 47 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 47 min ago | 0.74 bp | 21.8 bp −$22 | 25.4 bp −$254 | 28.7 bp −$2,869 | doesn't fit |
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 | −0.0192% | 1h | 4,336.4 | −0.282% | $42K | $157K | 20x | as long as short |
| Lighter PAXG | −0.0152% | 1h | 4,337.2 | −0.265% | $1.4M | $368K | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.0031% | 1h | 4,335.5 | −0.304% | $262K | $786K | 50x | as long as short |
| GRVT PAXG_USDT_Perp | −0.0010% | 4h | 4,337.2 | −0.265% | $1.5M | $1.9M | 10x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,338.3 | −0.239% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDT | 0.0000% | 8h | 4,340.1 | −0.198% | $15.6M | $3.4M | 100x | as long as short |
| SunX PAXG-USDT | 0.0000% | 4h | 4,334 | −0.338% | $2K | $3.5M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,341.7 | −0.161% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDTshort | 0.0000% | 4h | 4,340.7 | −0.185% | $903K | $689K | 75x | |
| Extended PAXG-USD | +0.0032% | 1h | 4,336.7 | −0.275% | $379K | $1.4M | 25x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
ApeX Omni PAXGUSDT
GRVT PAXG_USDT_Perp
dYdX PAXG-USD
Gate PAXG_USDT
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
Extended PAXG-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PAXG_USDT | +0.0032% | 4h | 4,340.6 | −0.186% | $16.1M | $1.0M | 100x | as long as short |
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | −0.032% | $1K | $151K | 30x | as long as short |
| Binance PAXGUSDT | +0.0034% | 4h | 4,338.6 | −0.233% | $80.0M | $70.4M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.0065% | 1h | 4,338.6 | −0.231% | $1.3M | $1.4M | 20x | as long as short |
| Aster PAXGUSDT | +0.0080% | 4h | 4,337.6 | −0.255% | $905K | $27K | 50x | as long as short |
| Hyperliquid PAXG | +0.0096% | 1h | 4,338.4 | −0.237% | $20.8M | $2.3M | 10x | as long as short |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,338.7 | −0.231% | $81K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,335.5 | −0.304% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,340.1 | −0.199% | $1.0M | $341K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,339.5 | −0.212% | $14.9M | $3.8M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,340.9 | −0.179% | $28.6M | $5.2M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,339.6 | −0.208% | $9.7M | $15.2M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,338.3 | −0.239% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,338.5 | −0.235% | $1.3M | $799K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,336.2 | −0.286% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,335 | −0.315% | $1.5M | $38K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,337.4 | −0.259% | $21K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0296% | 1h | 4,339.1 | −0.221% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSDlong | +0.0880% | 1h | 4,348.7 | long leg | $29K | $24K | 10x |
MEXC PAXG_USDT
Injective PAXG/USDC PERP
Binance PAXGUSDT
Kraken Futures PF_PAXGUSD
Aster PAXGUSDT
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX