After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.062%7d average+0.176%fees + slippage, in and out−$45spread needed0.448%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,346.3 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $79.6M | $67.4M | 75x |
| Short | HTX PAXG-USDT | 4,349 | 0 | get 0.0000% / 4h | 1h 50m | $910K | $652K | 75x |
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
- $6.21
- Funding while held
- −$3
- Slippage, 4 orders
- −$22.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$41.6
- Spread needed to break even
- 0.448%
Slippage from Binance: live order book, 8 min ago; HTX: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Binance live order book, 8 min ago | 0.01 bp | 5.0 bp −$5 | 5.3 bp −$53 | 10.0 bp −$995 | doesn't fit |
| Sell HTX live order book, 49 min ago | 0.01 bp | 13.9 bp −$14 | 17.0 bp −$170 | 20.4 bp −$2,037 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.181% | +0.0033% | 1h | $1K | $65K | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.137% | +0.0053% | 1h | $262K | $791K | 50x | as long as short |
| SunX PAXG-USDT | −0.124% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | −0.098% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.046% | −0.0352% | 1h | $41K | $152K | 20x | as long as short |
| MEXC PAXG_USDT | −0.029% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Lighter PAXG | −0.025% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| Hyperliquid PAXG | −0.022% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Variational Omni PAXG | −0.021% | +0.0100% | 4h | $12.5M | $88K | — | as long as short |
| Bitget PAXGUSDT | −0.009% | +0.0100% | 4h | $9.2M | $13.1M | 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_mythos | −0.006% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| Extended PAXG-USD | −0.001% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Binance PAXGUSDTlong | 0.000% | +0.0100% | 4h | $79.6M | $67.4M | 75x | |
| Bybit PAXGUSDT | +0.006% | +0.0100% | 4h | $14.9M | $3.5M | 75x | as long as short |
| Reya PAXGRUSDPERP | +0.006% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| BingX PAXG-USDT | +0.007% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Paradex PAXG-USD-PERP | +0.013% | +0.0100% | 8h | $84K | $4.0M | 50x | as long as short |
| dYdX PAXG-USD | +0.015% | 0.0000% | 1h | $101K | $18K | 5x | as long as short |
| Aster PAXGUSDT | +0.016% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.017% | +0.0304% | 1h | $970K | $1.1M | 50x | as long as short |
| Backpack PAXG_USDC_PERP | +0.026% | +0.0100% | 1h | $1.4M | $1.3M | 50x | as long as short |
| Pacifica PAXG | +0.027% | +0.0100% | 1h | $1.0M | $367K | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.032% | +0.0106% | 1h | $1.3M | $1.4M | 20x | as long as short |
| KuCoin PAXGUSDTM | +0.038% | +0.0100% | 4h | $26.8M | $5.0M | 30x | as long as short |
| Gate PAXG_USDT | +0.045% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| HTX PAXG-USDTshort | +0.062% | 0.0000% | 4h | $910K | $652K | 75x | |
| Deribit PAXG_USDC-PERPETUAL | +0.083% | 0.0000% | 1h | $7.9M | $833K | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.134% | +0.0352% | 1h | $15K | $3K | 10x | as long as short |
Binance PAXGUSDT
HTX PAXG-USDT
Injective
ApeX Omni
SunX
Phemex
MEXC
Lighter
Hyperliquid
Variational Omni
Bitget
Extended
Bybit
BingX
Paradex
Aster
Coinbase International
Backpack
Pacifica
Kraken Futures
KuCoin
Gate
Deribit