Spread before costs (cost unknown: a leg has no order-book sample)−0.049%
7d average—if it closes, per $10,000$5funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack PAXG_USDC_PERP | 4,346.6 | 0.0100 | pay 0.0013% / 1h | 6m 28s | $1.1M | $1.1M | 50x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,344.4 | 0.0100 | get 0.0050% / 4h | 6m 28s | $557 | — | 10x |
Backpack PAXG_USDC_PERP
Orderly PERP_PAXG_USDC_mythosPrice 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
- −$4.95
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.95
- Spread needed to break even
- 0.160%
Slippage unknown: Backpack: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
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 Backpack live order book, 4 min ago | 0.01 bp | 5.0 bp −$5 | 5.3 bp −$53 | 37.4 bp −$3,742 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Injective4,338.4cheapestSunX4,340.4+0.046%Phemex4,342+0.083%Extended4,343+0.107%Bitget4,343.4+0.114%Lighter4,343.4+0.115%Binance4,343.9+0.127%Reya4,343.9+0.127%Hyperliquid4,344+0.129%Paradex4,344.1+0.130%
Injective
SunX
Phemex
Extended
Bitget
Lighter
Binance
Reya
Hyperliquid
ParadexOrderly4,344.4+0.138%
BingX4,344.6+0.143%Bybit4,344.7+0.145%Kraken Futures4,345.6+0.167%KuCoin4,345.7+0.167%MEXC4,345.8+0.170%Pacifica4,345.8+0.170%Aster4,346.1+0.177%Gate4,346.1+0.177%Hibachi4,346.1+0.178%dYdX4,346.5+0.186%
BingX
Bybit
Kraken Futures
KuCoin
MEXC
Pacifica
Aster
Gate
Hibachi
dYdXBackpack4,346.6+0.188%
ApeX Omni4,346.6+0.188%Variational Omni4,347.2+0.202%Deribit4,348.1+0.223%Coinbase International4,349.8+0.263%01 Exchange4,351.3+0.297%HTX4,353+0.337%
ApeX Omni
Variational Omni
Deribit
Coinbase International
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 | −0.188% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| SunX PAXG-USDT | −0.141% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.105% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Extended PAXG-USD | −0.081% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | −0.073% | +0.0100% | 4h | $9.1M | $12.2M | 50x | as long as short |
| Lighter PAXG | −0.073% | +0.0096% | 1h | $1.4M | $700K | 25x | as long as short |
| Binance PAXGUSDT | −0.061% | +0.0100% | 4h | $79.3M | $66.6M | 75x | as long as short |
| Reya PAXGRUSDPERP | −0.060% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Hyperliquid PAXG | −0.059% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.057% | +0.0100% | 8h | $84K | $2.9M | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_PAXG_USDC_mythosshort | −0.049% | +0.0100% | 4h | $557 | — | 10x | |
| BingX PAXG-USDT | −0.045% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Bybit PAXGUSDT | −0.043% | +0.0100% | 4h | $15.0M | $3.3M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.021% | −0.0017% | 1h | $1.3M | $1.1M | 20x | as long as short |
| KuCoin PAXGUSDTM | −0.021% | +0.0100% | 4h | $26.7M | $5.0M | 30x | as long as short |
| MEXC PAXG_USDT | −0.018% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Pacifica PAXG | −0.018% | +0.0100% | 1h | $1.0M | $406K | 10x | as long as short |
| Aster PAXGUSDT | −0.011% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Gate PAXG_USDT | −0.010% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| Hibachi PAXG/USDT-P | −0.009% | −0.0104% | 1h | $41K | $144K | 20x | as long as short |
| dYdX PAXG-USD | −0.001% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Backpack PAXG_USDC_PERPlong | 0.000% | +0.0100% | 1h | $1.1M | $1.1M | 50x | |
| ApeX Omni PAXGUSDT | 0.000% | +0.0100% | 1h | $263K | $790K | 50x | as long as short |
| Variational Omni PAXG | +0.014% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.035% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.075% | +0.0248% | 1h | $973K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.109% | +0.0640% | 1h | $15K | $7K | 10x | as long as short |
| HTX PAXG-USDT | +0.149% | 0.0000% | 4h | $917K | $615K | 75x | as long as short |