data as of
Settings8H · net · $10k
Price arb /

PAXG

all PAXG markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$24
spread now+0.014%7d average+0.058%fees + slippage, in and out−$20spread needed0.200%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PAXG-USDT4,344.60.0100pay 0.0050% / 4h1h 12m$6.8M
ShortMEXC PAXG_USDT4,345.20.0100get 0.0050% / 4h1h 12m$15.9M$1.3M100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.36
Funding while held
$0
Slippage, 4 orders
−$5.95
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$18.59
Spread needed to break even
0.200%
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 2 min ago.

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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago0.33 bp5.5 bp −$55.9 bp −$5910.0 bp −$1,00428.3 bp −$14.1K
Sell MEXC live order book, 2 min ago1.24 bp5.4 bp −$512.5 bp −$12538.9 bp −$3,88697.1 bp −$48.5K

PAXG price on every exchange

against the cheapest. Click to use as the short leg.

PAXG on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PAXG/USDC PERP−0.143%+0.0033%1h$1K$65K30xas long as short
SunX PAXG-USDT−0.116%0.0000%4h$1K$4.1M20xas long as short
Phemex PAXGUSDT−0.060%+0.0100%4h$1.5M$33K50xas long as short
Lighter PAXG−0.043%+0.0096%1h$1.4M$705K25xas long as short
Extended PAXG-USD−0.026%+0.0104%1h$376K$1.2M25xas long as short
ApeX Omni PAXGUSDT−0.022%+0.0100%1h$263K$787K50xas long as short
Bitget PAXGUSDT−0.021%+0.0100%4h$9.2M$13.4M50xas long as short
Hyperliquid PAXG−0.021%+0.0100%1h$20.4M$1.8M10xas long as short
Paradex PAXG-USD-PERP−0.013%+0.0100%8h$84K$3.9M50xas long as short
Variational Omni PAXG−0.007%+0.0100%4h$12.5M$88Kas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya PAXGRUSDPERP−0.005%+0.0189%1h$21K100xas long as short
Binance PAXGUSDT−0.003%+0.0100%4h$79.9M$68.1M75xas long as short
BingX PAXG-USDTlong0.000%+0.0100%4h$6.8M
Aster PAXGUSDT+0.005%+0.0100%4h$905K$71K50xas long as short
Bybit PAXGUSDT+0.007%+0.0100%4h$14.9M$3.6M75xas long as short
Orderly PERP_PAXG_USDC_mythos+0.009%+0.0100%4h$55810xas long as short
Kraken Futures PF_PAXGUSD+0.011%+0.0106%1h$1.3M$1.3M20xas long as short
MEXC PAXG_USDTshort+0.014%+0.0100%4h$15.9M$1.3M100x
Pacifica PAXG+0.017%+0.0100%1h$1.0M$388K10xas long as short
Hibachi PAXG/USDT-P+0.021%−0.0096%1h$41K$153K20xas long as short
KuCoin PAXGUSDTM+0.023%+0.0100%4h$26.8M$5.1M30xas long as short
Backpack PAXG_USDC_PERP+0.032%+0.0100%1h$1.4M$1.3M50xas long as short
Gate PAXG_USDT+0.039%0.0000%8h$15.8M$4.4M100xas long as short
dYdX PAXG-USD+0.053%0.0000%1h$101K$18K5xas long as short
Deribit PAXG_USDC-PERPETUAL+0.090%0.0000%1h$7.9M$833K50xas long as short
HTX PAXG-USDT+0.107%0.0000%4h$910K$651K75xas long as short
01 Exchange PAXGUSD+0.136%+0.0400%1h$15K$4K10xas long as short
Coinbase International PAXG-PERP-INTX+0.179%+0.0304%1h$971K$1.1M50xas long as short