Spread before costs (cost unknown: a leg has no order-book sample)−0.001%
7d average—if it closes, per $10,000$0funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PAXGUSDT | 4,338.5 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $79.3M | $67.5M | 75x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,338.5 | 0.0100 | get 0.0050% / 4h | 2h 58m | $557 | — | 10x |
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
- −$0.07
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.07
- Spread needed to break even
- 0.160%
Slippage unknown: Binance: live order book, 1 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 Binance live order book, 1 min ago | 0.01 bp | 5.0 bp −$5 | 5.9 bp −$59 | 9.9 bp −$988 | 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.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.084% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.058% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.023% | +0.0048% | 1h | $1.4M | $705K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.021% | −0.0280% | 1h | $41K | $146K | 20x | as long as short |
| Extended PAXG-USD | −0.017% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | −0.015% | +0.0100% | 4h | $9.2M | $13.0M | 50x | as long as short |
| Hyperliquid PAXG | −0.005% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Injective PAXG/USDC PERP | −0.003% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | −0.001% | +0.0100% | 4h | $557 | — | 10x | |
| Binance PAXGUSDTlong | 0.000% | +0.0100% | 4h | $79.3M | $67.5M | 75x |
Binance PAXGUSDT
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