PAX Gold (PAXG) — price and volatility
PAX Gold — gold token
PAXG: price 4,338.4, 24h change -0.49%. Commodity market quotes. Updated in real time.
What this is
Real-world assetsPAX Gold — a token backed by physical gold. Like XAUT it follows gold, but it trades separately and at its own premium.
Chart
Chart built from data of Bybit
What the data shows
PAXG trades at 4,338.4. Over 365 days it ranged between 3,573.9 and 5,632.2; the price now sits in the middle of that range — 38% of the way from the yearly low to the high.
All-time high is 5,632.2 (January 2026); the price is 23% below it now.
24-hour turnover is $109.4M — the 98th percentile for the year: noticeably busier than usual.
Open positions in PAXG are worth $192.3M. Over the past hour open interest fell by 0.30%. That is the 100th percentile over three weeks: more positions are open than usual.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 68th percentile for the month.
This is a commodity instrument. It reacts to inventories, weather and decisions of producing countries, not to crypto news.
The daily range is 1.1% and five-minute NATR is 0.10%. That range is in the 30th percentile for the year — an ordinary day for it.
Traded on 11 venues: Binance, Bitget, BingX, KuCoin, Bybit, Kraken, Gate, Hyperliquid, Coinbase, MEXC, Coinbase Intl — the price is cross-checked across several sources.
PAXG correlation with Bitcoin over 24 hours is 0.21 — it goes its own way, barely looking at Bitcoin.
Over the day -0.49%, over the hour -0.21%, over the last five minutes -0.03% — the pace is steady.
By turnover it ranks 101 of 2007 instruments in the screener.
By daily range it ranks 1857 of 2007.
NATR is 0.04% on the minute and 0.34% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How PAXG behaved before
Tracked since March 2022 — 54 full months. 31 of 54 closed higher, median month +1.1%.
In September the instrument rose 2 times out of 4, median +1.5%.
Best month — September 2025: +11.9%. Worst — March 2026: -12.6%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
Kairo- Positions$192.3M in open positions — 100th percentile for the year: more leverage in PAXG than almost ever.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — real-world assets. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.