PAXG (PAX Gold (gold-backed token; one troy ounce)) perpetual futures

PAXG (PAX Gold (gold-backed token; one troy ounce)) perpetuals trade on 23 markets. 24h volume $118.67M, open interest $223.14M. Best funding APR +108.62% on 01xyz. Cheapest $100k execution (24h median): 4.01 bps on lighter.

Funding rates by venue

Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for PAXG (PAX Gold (gold-backed token; one troy ounce)) on every venue we track.

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
binancePAXGUSDT4367.68$70.84M$80.30M0.0050%+10.95%+0.0269%+0.1525%+0.4973%
bitgetPAXGUSDT4367.82$15.39M$9.72M0.0050%+10.95%+0.0215%+0.1730%+0.5188%
bingxPAXG-USDT4368.45$6.80M$5.80M0.0050%+10.95%+0.0250%+0.2050%+0.8240%
kucoinPAXGUSDTM4370.43$5.63M$28.47M0.0050%+10.95%+0.0300%+0.2107%+0.7476%
bybitPAXGUSDT4369.15$3.70M$7.57M0.0050%+10.95%+0.0300%+0.2100%+0.7259%
paradexPAXG-USD-PERP4367.79$3.68M$80.7K0.0100%+10.95%+0.0299%+0.2081%+0.8375%
gateioPAXG_USDT4370.05$3.42M$15.78M0.0000%+0.00%+0.0000%+0.0407%-0.0042%
gravitymarketsPAXG_USDT_Perp4367.52$2.04M$1.55M0.0050%+10.95%+0.0209%+0.1936%+0.7284%
hyperliquidPAXG4367.50$1.97M$20.71M0.0013%+10.95%+0.0296%+0.1596%+0.6639%
extended_starknetPAXG-USD4363.45$1.23M$378.9K0.0013%+11.39%+0.0270%+0.1589%+0.5168%
mexcPAXG_USDT4365.45$1.15M$16.23M0.0050%+10.95%+0.0270%+0.1522%+0.4952%
backpackPAXG_USDC_PERP4368.48$973.0K$1.38M0.0013%+10.95%+0.0300%+0.2100%+0.3818%
apexPAXGUSDT4366.43$791.7K$264.1K0.0013%+10.95%+0.0280%+0.1799%+0.8654%
pacificaPAXG4370.55$365.2K$1.05M0.0013%+10.95%+0.0300%+0.2091%+0.7287%
lighterPAXG4366.94$266.2K$2.81M0.0012%+10.51%+0.0274%+0.1976%+0.2898%
hibachiPAXG/USDT-P4367.71$154.7K$42.0K0.0016%+14.02%-0.0092%+0.7016%+0.4816%
variationalPAXG4367.58$103.8K$25.05M0.0050%+10.95%
mexcPAXG_USDC4367.20$81.8K$3.89M0.0050%+10.95%+0.0270%+0.1523%+0.4947%
asterdexPAXGUSDT4367.66$30.0K$1.82M0.0050%+10.95%+0.0273%+0.1791%+0.7608%
bybitPAXGPERP4367.05$25.1K$82.2K0.0050%+10.95%+0.0300%+0.2100%+0.7406%
01xyzPAXGUSD4432.00$23.3K$29.7K0.0124%+108.62%+0.2525%+2.5979%+2.4993%
dydxPAXG-USD4364.50$12.4K$101.9K0.0000%+0.00%-0.0081%-0.0418%-0.1324%
reyaPAXGRUSDPERP4368.11$0.00$20.7K0.0024%+20.75%+0.0568%+0.4394%+1.3983%

Funding spread across venues

Across 21 venues the funding APR on PAXG (PAX Gold (gold-backed token; one troy ounce)) runs from +0.00% on gateio to +108.62% on 01xyz. The gap between them is 108.62 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +2.4993% of position size on 01xyz.

Funding history over 30 days

Over the last 30 days we recorded 8815 funding settlements for PAXG (PAX Gold (gold-backed token; one troy ounce)) across 20 venues. The rate was positive in 74% of them, meaning longs paid shorts that often. The average annualised rate over the window was +9.36%. Summed over the window, 01xyz paid the most at +2.4993% of position size and dydx the least at -0.1324%.

Liquidity

Across the venues listed above PAXG (PAX Gold (gold-backed token; one troy ounce)) shows $118.67M of 24h volume and $223.14M of open interest. The deepest venue by 24h volume is binance at $70.84M.

Execution cost

The cheapest venue to open a $100k position in PAXG (PAX Gold (gold-backed token; one troy ounce)), measured as the 24h median of the full cost including taker fee and slippage, is lighter at 4.01 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.

What the funding rate on PAXG (PAX Gold (gold-backed token; one troy ounce)) means

A perpetual future on PAXG (PAX Gold (gold-backed token; one troy ounce)) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle PAXG (PAX Gold (gold-backed token; one troy ounce)) on different schedules: 1h, 4h, 8h.

Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a PAXG (PAX Gold (gold-backed token; one troy ounce)) position earned or cost money.

Frequently asked questions

What is the funding rate on PAXG (PAX Gold (gold-backed token; one troy ounce)) right now?

Across 21 venues the funding APR on PAXG (PAX Gold (gold-backed token; one troy ounce)) runs from +0.00% on gateio to +108.62% on 01xyz. The gap between them is 108.62 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +2.4993% of position size on 01xyz.

Which venue has the most liquid PAXG (PAX Gold (gold-backed token; one troy ounce)) perpetual?

Across the venues listed above PAXG (PAX Gold (gold-backed token; one troy ounce)) shows $118.67M of 24h volume and $223.14M of open interest. The deepest venue by 24h volume is binance at $70.84M.

How often is funding paid on PAXG (PAX Gold (gold-backed token; one troy ounce))?

Venues settle PAXG (PAX Gold (gold-backed token; one troy ounce)) on different schedules: 1h, 4h, 8h.

Has funding on PAXG (PAX Gold (gold-backed token; one troy ounce)) been paid consistently?

Over the last 30 days we recorded 8815 funding settlements for PAXG (PAX Gold (gold-backed token; one troy ounce)) across 20 venues. The rate was positive in 74% of them, meaning longs paid shorts that often. The average annualised rate over the window was +9.36%. Summed over the window, 01xyz paid the most at +2.4993% of position size and dydx the least at -0.1324%.

Funding history over 30 days

Data generated at 2026-09-22T00:08:10Z. Live numbers load on this page automatically.