Spread before costs (cost unknown: a leg has no order-book sample)+0.160%
7d average—if it closes, per $10,000$16funding while held, a day+$8.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PAXGUSDT | 4,340.7 | 0.0100 | pay 0.0013% / 1h | 47m 03s | $262K | $791K | 50x |
| Short | 01 Exchange PAXGUSD | 4,347.6 | 0.0392 | get 0.0049% / 1h | 47m 03s | $15K | $3K | 10x |
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
- $15.99
- Funding while held
- $8.76
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $7.75
- Spread needed to break even
- 0.170%
Slippage unknown: ApeX Omni: live order book, 58 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0292%
- Per $10,000 a day
- +$8.76
- 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, 58 min ago | 2.53 bp | 7.8 bp −$8 | 92.4 bp −$924 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.074% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.061% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Injective PAXG/USDC PERP | −0.052% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.020% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| dYdX PAXG-USD | −0.018% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Hibachi PAXG/USDT-P | −0.008% | −0.0344% | 1h | $41K | $149K | 20x | as long as short |
| Extended PAXG-USD | −0.006% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| ApeX Omni PAXGUSDTlong | 0.000% | +0.0100% | 1h | $262K | $791K | 50x | |
| Variational Omni PAXG | +0.002% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Lighter PAXG | +0.006% | +0.0072% | 1h | $1.4M | $705K | 25x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERP | +0.012% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Aster PAXGUSDT | +0.015% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.016% | +0.0100% | 8h | $84K | $3.8M | 50x | as long as short |
| Bitget PAXGUSDT | +0.026% | +0.0100% | 4h | $9.2M | $13.1M | 50x | as long as short |
| Bybit PAXGUSDT | +0.026% | +0.0100% | 4h | $15.0M | $3.6M | 75x | as long as short |
| Hyperliquid PAXG | +0.027% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Binance PAXGUSDT | +0.027% | +0.0100% | 4h | $79.4M | $67.6M | 75x | as long as short |
| Pacifica PAXG | +0.027% | +0.0100% | 1h | $1.0M | $393K | 10x | as long as short |
| BingX PAXG-USDT | +0.036% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| HTX PAXG-USDT | +0.048% | 0.0000% | 4h | $911K | $643K | 75x | as long as short |
| MEXC PAXG_USDT | +0.049% | +0.0100% | 4h | $15.9M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.050% | +0.0100% | 4h | $26.7M | $5.0M | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.065% | +0.0069% | 1h | $1.3M | $1.1M | 20x | as long as short |
| Gate PAXG_USDT | +0.075% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | +0.078% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.088% | +0.0296% | 1h | $970K | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.102% | 0.0000% | 1h | $7.9M | $833K | 50x | as long as short |
| 01 Exchange PAXGUSDshort | +0.160% | +0.0392% | 1h | $15K | $3K | 10x |
ApeX Omni PAXGUSDT
SunX
Phemex
Injective
Extended
Variational Omni
Lighter
Aster
Paradex
Bitget
Bybit
Hyperliquid
Binance
Pacifica
BingX
HTX
MEXC
KuCoin
Kraken Futures
Gate
Backpack
Coinbase International
Deribit