After costs, if the gap returns to its 7d average, $10k−$16
spread now−0.042%7d average−0.021%fees + slippage, in and out−$14spread needed0.137%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,347.1 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $906K | $71K | 50x |
| Short | Lighter PAXG | 4,345.3 | 0.0096 | get 0.0012% / 1h | 53m 28s | $1.4M | $698K | 25x |
Aster PAXGUSDT
Lighter 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
- −$4.16
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$5.66
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.94
- Spread needed to break even
- 0.137%
Slippage from Aster: live order book, 56 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 56 min ago | 0.24 bp | 4.9 bp −$5 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.53 bp | 2.8 bp −$3 | 5.8 bp −$58 | 21.4 bp −$2,142 | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,341.3+0.067%Phemex4,344+0.129%Variational Omni4,345.2+0.157%Bitget4,345.3+0.158%
Injective
SunX
Phemex
Variational Omni
BitgetLighter4,345.3+0.159%
Extended4,345.5+0.164%Hyperliquid4,345.8+0.171%ApeX Omni4,346+0.174%Binance4,346.2+0.180%Pacifica4,346.3+0.181%Bybit4,346.3+0.182%Reya4,346.4+0.183%Hibachi4,346.5+0.186%dYdX4,346.5+0.186%Paradex4,346.5+0.187%BingX4,346.7+0.192%
Extended
Hyperliquid
ApeX Omni
Binance
Pacifica
Bybit
Reya
Hibachi
dYdX
Paradex
BingXAster4,347.1+0.201%
Orderly4,347.2+0.203%Kraken Futures4,347.6+0.213%MEXC4,347.7+0.215%Gate4,347.8+0.217%KuCoin4,347.9+0.219%Backpack4,348.1+0.224%Coinbase International4,348.2+0.225%Deribit4,349.9+0.265%HTX4,351.5+0.301%01 Exchange4,351.8+0.309%
Orderly
Kraken Futures
MEXC
Gate
KuCoin
Backpack
Coinbase International
Deribit
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.201% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| SunX PAXG-USDT | −0.134% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.072% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Variational Omni PAXG | −0.043% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Bitget PAXGUSDT | −0.043% | +0.0100% | 4h | $9.1M | $12.2M | 50x | as long as short |
| Lighter PAXGshort | −0.042% | +0.0096% | 1h | $1.4M | $698K | 25x | |
| Extended PAXG-USD | −0.037% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Hyperliquid PAXG | −0.030% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.027% | +0.0100% | 1h | $263K | $790K | 50x | as long as short |
| Binance PAXGUSDT | −0.021% | +0.0100% | 4h | $79.4M | $66.7M | 75x | as long as short |