After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.040%7d average+0.014%fees + slippage, in and out−$26spread needed0.258%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,345.8 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $9.2M | $13.3M | 50x |
| Short | BingX PAXG-USDT | 4,347.6 | 0.0100 | get 0.0050% / 4h | 1h 32m | — | $6.8M | — |
Bitget PAXGUSDT
BingX PAXG-USDTPrice 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
- $3.98
- Funding while held
- $0
- Slippage, 4 orders
- −$3.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$21.83
- Spread needed to break even
- 0.258%
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 12 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 0.01 bp | 7.4 bp −$7 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 0.07 bp | 5.1 bp −$5 | 5.3 bp −$53 | 9.5 bp −$948 | 31.5 bp −$15.8K |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,342.8+0.101%Phemex4,345+0.152%Lighter4,345.4+0.161%
Injective
SunX
Phemex
LighterBitget4,345.8+0.171%
Hyperliquid4,346+0.175%Extended4,346+0.175%Binance4,346.4+0.185%Reya4,346.7+0.191%Bybit4,346.7+0.191%Paradex4,346.8+0.194%Kraken Futures4,346.9+0.195%dYdX4,346.9+0.196%MEXC4,347.2+0.202%Aster4,347.4+0.209%ApeX Omni4,347.5+0.211%
Hyperliquid
Extended
Binance
Reya
Bybit
Paradex
Kraken Futures
dYdX
MEXC
Aster
ApeX OmniBingX4,347.6+0.211%
KuCoin4,348+0.221%Backpack4,348+0.221%Orderly4,348.1+0.224%Pacifica4,348.2+0.226%Variational Omni4,348.4+0.231%Hibachi4,348.6+0.236%Gate4,349.2+0.249%Deribit4,350.6+0.281%HTX4,350.9+0.287%01 Exchange4,353.8+0.355%Coinbase International4,353.9+0.357%
KuCoin
Backpack
Orderly
Pacifica
Variational Omni
Hibachi
Gate
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.171% | +0.0033% | 1h | $1K | $65K | 30x | as long as short |
| SunX PAXG-USDT | −0.070% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | −0.019% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Lighter PAXG | −0.010% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| Bitget PAXGUSDTlong | 0.000% | +0.0100% | 4h | $9.2M | $13.3M | 50x | |
| Hyperliquid PAXG | +0.004% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Extended PAXG-USD | +0.004% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | +0.014% | +0.0100% | 4h | $79.9M | $67.9M | 75x | as long as short |
| Reya PAXGRUSDPERP | +0.019% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Bybit PAXGUSDT | +0.020% | +0.0100% | 4h | $14.9M | $3.6M | 75x | as long as short |