I’m using a simple PAXG/ETH spot “mini-hedge” system — zero leverage

Over the past few weeks I’ve been running a small personal experiment that’s been surprisingly effective:
I only trade between ETH and PAXG (tokenized gold) — purely in spot, with no leverage at all.

The basic idea is that Ethereum and gold often move in opposite directions:
– In “risk-on” phases, ETH rallies faster than gold.
– In “risk-off” or panic phases, gold rises or stays stable while ETH drops.

That creates a natural oscillation between them. So I just trade the ratio:

• When 1 ETH ≤ 0.95 PAXG, I swap PAXG → ETH (ETH is undervalued vs gold)
• When 1 ETH ≥ 1.00 PAXG, I swap ETH → PAXG (ETH is overvalued vs gold)
• Everything in between, I do nothing.

I do this manually on a single exchange (with direct swaps), only spot-to-spot, and usually with zero or near-zero fees.
It yields small but steady percentage gains, while keeping all my value in hard assets.

Nice:
– Always fully invested in value-backed assets (no fiat, no stablecoins)
– No liquidation risk, no stress
– The portfolio “breathes” with the market instead of fighting it

It’s basically a mini-hedge fund in your own wallet:
ETH is the engine, PAXG is the anchor.

Results have been consistently positive — no guessing market direction, just rhythm. No big gains. No losses.

Curious if anyone else here is doing pair trades between value assets like this,
or if someone has already automated this ETH–PAXG ratio trading with a script or bot?