Spread before costs (cost unknown: a leg has no order-book sample)−0.007%
7d average+0.120%if it closes, per $10,000$1funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,361.5 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $78.8M | $54.9M | 75x |
| Short | Injective PAXG/USDC PERP | 4,361.2 | 0.0033 | get 0.0004% / 1h | 34m 38s | $1K | $117K | 30x |
Binance PAXGUSDT
Injective PAXG/USDC PERPPrice 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
- −$0.68
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$12.7
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 10 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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, 10 min ago | 0.01 bp | 5.0 bp −$5 | 5.4 bp −$54 | 9.0 bp −$905 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.SunX4,357.6cheapestCoinbase International4,358.4+0.019%ApeX Omni4,358.5+0.021%Variational Omni4,359.4+0.041%Paradex4,359.6+0.047%Hibachi4,359.8+0.052%Orderly4,360.2+0.060%Extended4,360.5+0.068%Reya4,360.6+0.069%Lighter4,360.6+0.069%Phemex4,361+0.079%dYdX4,361+0.080%Hyperliquid4,361.2+0.083%
SunX
Coinbase International
ApeX Omni
Variational Omni
Paradex
Hibachi
Orderly
Extended
Reya
Lighter
Phemex
dYdX
HyperliquidInjective4,361.2+0.083%
Bitget4,361.3+0.085%Aster4,361.4+0.088%
Bitget
AsterBinance4,361.5+0.090%
MEXC4,362+0.102%BingX4,362.3+0.108%Pacifica4,362.4+0.112%Bybit4,362.8+0.120%Gate4,362.9+0.122%Backpack4,362.9+0.123%Kraken Futures4,363.1+0.127%KuCoin4,363.3+0.132%HTX4,364+0.148%Deribit4,364.3+0.154%01 Exchange4,371.4+0.317%
MEXC
BingX
Pacifica
Bybit
Gate
Backpack
Kraken Futures
KuCoin
HTX
DeribitPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.090% | 0.0000% | 4h | $2K | $3.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | −0.071% | +0.0256% | 1h | $982K | $459K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.069% | +0.0100% | 1h | $264K | $789K | 50x | as long as short |
| Variational Omni PAXG | −0.049% | +0.0100% | 4h | $12.5M | $71K | — | as long as short |
| Paradex PAXG-USD-PERP | −0.043% | +0.0100% | 8h | $87K | $2.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.038% | +0.0320% | 1h | $44K | $139K | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.030% | +0.0100% | 4h | $559 | — | 10x | as long as short |
| Extended PAXG-USD | −0.023% | +0.0104% | 1h | $378K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | −0.022% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Lighter PAXG | −0.021% | +0.0096% | 1h | $1.4M | $677K | 25x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex PAXGUSDT | −0.011% | +0.0100% | 4h | $1.5M | $24K | 50x | as long as short |
| dYdX PAXG-USD | −0.010% | 0.0000% | 1h | $102K | $18K | 5x | as long as short |
| Hyperliquid PAXG | −0.007% | +0.0100% | 1h | $20.4M | $1.5M | 10x | as long as short |
| Injective PAXG/USDC PERPshort | −0.007% | +0.0033% | 1h | $1K | $117K | 30x | |
| Bitget PAXGUSDT | −0.005% | +0.0100% | 4h | $9.1M | $10.1M | 50x | as long as short |
| Aster PAXGUSDT | −0.003% | +0.0100% | 4h | $902K | $63K | 50x | as long as short |
| Binance PAXGUSDTlong | 0.000% | +0.0100% | 4h | $78.8M | $54.9M | 75x | |
| MEXC PAXG_USDT | +0.012% | +0.0100% | 4h | $16.3M | $1.1M | 100x | as long as short |
| BingX PAXG-USDT | +0.017% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Pacifica PAXG | +0.022% | +0.0100% | 1h | $1.0M | $399K | 10x | as long as short |
| Bybit PAXGUSDT | +0.030% | +0.0100% | 4h | $15.2M | $2.7M | 75x | as long as short |
| Gate PAXG_USDT | +0.032% | 0.0000% | 8h | $16.0M | $3.8M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | +0.033% | +0.0100% | 1h | $1.1M | $748K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.037% | +0.0201% | 1h | $1.3M | $1.0M | 20x | as long as short |
| KuCoin PAXGUSDTM | +0.042% | +0.0100% | 4h | $27.6M | $4.4M | 30x | as long as short |
| HTX PAXG-USDT | +0.058% | 0.0000% | 4h | $918K | $516K | 75x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.064% | 0.0000% | 1h | $7.9M | $814K | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.227% | +0.0824% | 1h | $15K | $8K | 10x | as long as short |