PAXG/USDT
Last updated: 11/2/2026, 5:27:59 AM
Market calm across metrics
Pulse signals— velocity & rarity composite
What's moving fast right now. Independent from the static stress score.
Stress-score timeline
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Of the ~500 Hyperliquid accounts we track, 5 hold PAXG: $2.16M long across 4 positions and $267.0K short across 1 position — net $1.90M long. No tracked liquidation level sits within 60% of the $3911 Hyperliquid mark. That is the 2026-11-02 13:00 UTC whale sweep; the interactive panel below reloads it on its own.
Open Interest
CoinalyzeFunding Rate
CoinalyzePer-exchange futures data▾
| Metric | Binance | Bybit | KuCoin |
|---|---|---|---|
| Price | $3,917.14 | $3,917.68 | $3,917.14 |
| OI (USD) | $109.19M | $28.95M | $37.01M |
| OI share | 62.3% | 16.5% | 21.1% |
| OI (tokens) | 27,876 | 7,389 | 9,448 |
| Funding rate | 0.0050% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other BTC-trackers
PAXG sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way PAXG's does:
- SEI0.03+0.6%
- HOLO0.03-1.8%
- LDO0.03+2.4%
- ONDO0.03-3.3%
- BCH0.02-0.5%
- AIXBT0.02-1.6%
- TWT0.02+0.2%
- PENDLE0.06-2.8%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
PAXG perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are PAXG's current liquidation levels?
Across the exchanges we aggregate, $7.6K of PAXG positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for PAXGUSDT is the realised liquidation flow above plus the long/short split in the liquidation-history chart on this page — not a map of where stops sit.
How much open interest does PAXG have right now?
Aggregated open interest in PAXG perpetuals is $175.15M: $109.19M on Binance (62%), $28.95M on Bybit (17%) and $37.01M on KuCoin (21%). That position base is +1.9% over 24 hours and -1.4% over the last week. Open interest is 4.52× the pair's 24-hour volume, so positions are being held rather than churned.
What is PAXG's funding rate?
Binance settles PAXGUSDT funding at 0.0050% every 8 hours, which annualises to roughly 5.5%. Funding is positive, so longs are paying shorts to keep the trade on — the crowd is leaning long and carrying a cost to do it. At that rate a $10,000 position on the long side pays about $1.50 a day to stay open.
Are whales long or short PAXG?
Among the ~500 largest Hyperliquid accounts we track, 5 hold positions of $100k or more in PAXG: $2.16M long across 4 and $267.0K short across 1 — a net $1.90M long. At the start of the tracked week that net figure was $1.93M long. These are real on-chain positions read off Hyperliquid, not a model output — roughly a third of Binance USDT-perps have a Hyperliquid market, and PAXG is one of them.
Is PAXG over-leveraged right now?
PAXG's leverage-stress score is 0.026 out of 1.0, which we band as low risk. It blends three readings: how big the perp book is next to the token itself ($1.99B of market cap against $175.15M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($7.6K in the last 24 hours). A high score means fragile, not bearish: it says a move would be violent, not which way it would go.
Has PAXG seen heavy liquidations lately?
Over the last 30 complete days, 94% of the PAXG notional that got liquidated was long positions and 6% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 19th percentile of the last 90 days, meaning today is unusually quiet for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.
PAXG/USDT (PAXGUSDT) perpetual futures shows a leverage-stress score of 0.026 out of 1.0 (low risk), $175.15M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.