After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.023%7d average+0.167%fees + slippage, in and out−$25spread needed0.253%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,335.9 | 0.0006 | pay 0.0001% / 1h | 37m 07s | $262K | $791K | 50x |
| Short | MEXC PAXG_USDT | 4,336.9 | 0.0100 | get 0.0050% / 4h | 1h 37m | $16.2M | $1.2M | 100x |
Price 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
- $2.28
- Funding while held
- $2.83
- Slippage, 4 orders
- −$11.35
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.23
- Spread needed to break even
- 0.253%
Slippage from ApeX Omni: live order book, 18 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0094%
- Per $10,000 a day
- +$2.83
- 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 | 3.05 bp | 8.3 bp −$8 | 72.8 bp −$728 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.76 bp | 4.4 bp −$4 | 12.6 bp −$126 | 44.6 bp −$4,459 | 96.0 bp −$48.0K |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.099% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Phemex PAXGUSDT | −0.089% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.073% | −0.0024% | 1h | $44K | $139K | 20x | as long as short |
| Paradex PAXG-USD-PERP | −0.052% | +0.0100% | 8h | $80K | $2.6M | 50x | as long as short |
| Variational Omni PAXG | −0.041% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| Reya PAXGRUSDPERP | −0.017% | +0.0189% | 1h | $20K | — | 100x | as long as short |
| Lighter PAXG | −0.016% | +0.0064% | 1h | $1.4M | $695K | 25x | as long as short |
| Extended PAXG-USD | −0.015% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | −0.014% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| Hyperliquid PAXG | −0.006% | +0.0078% | 1h | $20.2M | $1.6M | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PAXG-USDT | −0.005% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| ApeX Omni PAXGUSDTlong | 0.000% | +0.0006% | 1h | $262K | $791K | 50x | |
| dYdX PAXG-USD | +0.004% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.005% | +0.0144% | 1h | $1.3M | $1.0M | 20x | as long as short |
| Binance PAXGUSDT | +0.009% | +0.0100% | 4h | $79.2M | $62.0M | 75x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.012% | +0.0100% | 4h | $556 | — | 10x | as long as short |
| Aster PAXGUSDT | +0.016% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Bybit PAXGUSDT | +0.016% | +0.0100% | 4h | $15.0M | $3.1M | 75x | as long as short |
| Pacifica PAXG | +0.018% | +0.0100% | 1h | $1.0M | $428K | 10x | as long as short |
| MEXC PAXG_USDTshort | +0.023% | +0.0100% | 4h | $16.2M | $1.2M | 100x | |
| Backpack PAXG_USDC_PERP | +0.037% | +0.0100% | 1h | $1.1M | $817K | 50x | as long as short |
| KuCoin PAXGUSDTM | +0.046% | +0.0100% | 4h | $26.9M | $4.7M | 30x | as long as short |
| Gate PAXG_USDT | +0.056% | 0.0000% | 8h | $15.8M | $4.2M | 100x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.069% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.074% | +0.0240% | 1h | $945K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.120% | +0.0552% | 1h | $15K | $7K | 10x | as long as short |
| HTX PAXG-USDT | +0.162% | 0.0000% | 4h | $913K | $568K | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.584% | +0.0033% | 1h | $1K | $88K | 30x | as long as short |
ApeX Omni PAXGUSDT
MEXC PAXG_USDT
SunX
Phemex
Paradex
Variational Omni
Lighter
Extended
Bitget
Hyperliquid
BingX
Kraken Futures
Binance
Aster
Bybit
Pacifica
Backpack
KuCoin
Gate
Deribit
Coinbase International
HTX
Injective