After costs, if the gap returns to its 7d average, $10k−$23
spread now−0.033%7d average−0.003%fees + slippage, in and out−$20spread needed0.204%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,345.4 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $905K | $71K | 50x |
| Short | Hyperliquid PAXG | 4,344 | 0.0100 | get 0.0013% / 1h | 13m 45s | $20.4M | $1.8M | 10x |
Aster PAXGUSDT
Hyperliquid PAXGPrice 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
- −$3.27
- Funding while held
- $0
- Slippage, 4 orders
- −$3.41
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$23.68
- Spread needed to break even
- 0.204%
Slippage from Aster: live order book, 21 min ago; Hyperliquid: live order book, 11 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 Aster live order book, 21 min ago | 0.02 bp | 4.3 bp −$4 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.12 bp | 5.7 bp −$6 | 7.7 bp −$77 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,339.7+0.030%Phemex4,342+0.083%Lighter4,343.4+0.115%
Injective
SunX
Phemex
LighterHyperliquid4,344+0.129%
Bitget4,344.1+0.132%Extended4,344.3+0.136%Variational Omni4,344.3+0.136%ApeX Omni4,344.3+0.136%Binance4,344.4+0.138%BingX4,344.7+0.144%Hibachi4,344.7+0.145%Paradex4,344.7+0.145%Reya4,344.9+0.151%Orderly4,345+0.152%Bybit4,345+0.153%Kraken Futures4,345.4+0.160%
Bitget
Extended
Variational Omni
ApeX Omni
Binance
BingX
Hibachi
Paradex
Reya
Orderly
Bybit
Kraken FuturesAster4,345.4+0.162%
Pacifica4,345.6+0.166%MEXC4,345.8+0.170%Gate4,345.9+0.173%KuCoin4,346.2+0.179%Backpack4,346.3+0.182%dYdX4,346.9+0.196%Deribit4,348.4+0.231%HTX4,349.1+0.247%01 Exchange4,350.5+0.279%Coinbase International4,352.4+0.322%
Pacifica
MEXC
Gate
KuCoin
Backpack
dYdX
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.162% | +0.0033% | 1h | $1K | $65K | 30x | as long as short |
| SunX PAXG-USDT | −0.132% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | −0.079% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Lighter PAXG | −0.047% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| Hyperliquid PAXGshort | −0.033% | +0.0100% | 1h | $20.4M | $1.8M | 10x | |
| Bitget PAXGUSDT | −0.030% | +0.0100% | 4h | $9.2M | $13.4M | 50x | as long as short |
| Extended PAXG-USD | −0.026% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Variational Omni PAXG | −0.026% | +0.0100% | 4h | $12.5M | $88K | — | as long as short |
| ApeX Omni PAXGUSDT | −0.026% | +0.0100% | 1h | $263K | $786K | 50x | as long as short |
| Binance PAXGUSDT | −0.023% | +0.0100% | 4h | $79.9M | $68.1M | 75x | as long as short |