After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.099%7d average+0.041%fees + slippage, in and out−$27spread needed0.268%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,334 | 0.0100 | pay 0.0013% / 1h | 22m 23s | $262K | $789K | 50x |
| Short | Backpack PAXG_USDC_PERP | 4,338.3 | 0.0100 | get 0.0013% / 1h | 22m 23s | $1.1M | $1.1M | 50x |
ApeX Omni PAXGUSDT
Backpack PAXG_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.9
- Funding while held
- $0
- Slippage, 4 orders
- −$6.78
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$16.88
- Spread needed to break even
- 0.268%
Slippage from ApeX Omni: live order book, 18 min ago; Backpack: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 ApeX Omni live order book, 18 min ago | 2.79 bp | 8.0 bp −$8 | 72.1 bp −$721 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 3 min ago | 0.01 bp | 5.6 bp −$6 | 6.8 bp −$68 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,331cheapestPhemex4,333+0.046%
SunX
PhemexApeX Omni4,334+0.070%
Lighter4,335+0.091%Extended4,335.2+0.097%Bitget4,335.5+0.104%Hyperliquid4,335.7+0.109%Binance4,335.9+0.112%Hibachi4,336+0.115%Reya4,336.4+0.125%BingX4,336.5+0.127%Paradex4,336.7+0.131%Bybit4,336.8+0.133%Orderly4,337+0.139%Aster4,337.3+0.145%Pacifica4,337.3+0.145%Variational Omni4,337.4+0.148%Kraken Futures4,337.5+0.151%KuCoin4,337.6+0.153%MEXC4,337.9+0.158%Gate4,338.2+0.166%
Lighter
Extended
Bitget
Hyperliquid
Binance
Hibachi
Reya
BingX
Paradex
Bybit
Orderly
Aster
Pacifica
Variational Omni
Kraken Futures
KuCoin
MEXC
GateBackpack4,338.3+0.169%
Injective4,338.4+0.171%dYdX4,339.6+0.199%Deribit4,340.5+0.220%Coinbase International4,341.1+0.234%HTX4,341.7+0.248%01 Exchange4,343.2+0.282%
Injective
dYdX
Deribit
Coinbase International
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.070% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.024% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| ApeX Omni PAXGUSDTlong | 0.000% | +0.0100% | 1h | $262K | $789K | 50x | |
| Lighter PAXG | +0.021% | +0.0080% | 1h | $1.4M | $705K | 25x | as long as short |
| Extended PAXG-USD | +0.027% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | +0.034% | +0.0100% | 4h | $9.2M | $13.2M | 50x | as long as short |
| Hyperliquid PAXG | +0.038% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Binance PAXGUSDT | +0.042% | +0.0100% | 4h | $79.4M | $67.8M | 75x | as long as short |
| Hibachi PAXG/USDT-P | +0.044% | −0.0456% | 1h | $41K | $151K | 20x | as long as short |
| Reya PAXGRUSDPERP | +0.055% | +0.0189% | 1h | $21K | — | 100x | as long as short |