After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.048%7d average+0.045%fees + slippage, in and out−$31spread needed0.305%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PAXGUSDT | 4,337.3 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $9.1M | $11.6M | 50x |
| Short | KuCoin PAXGUSDTM | 4,339.4 | 0.0100 | get 0.0050% / 4h | 1h 31m | $27.0M | $4.8M | 30x |
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
- $4.84
- Funding while held
- $0
- Slippage, 4 orders
- −$6.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$25.7
- Spread needed to break even
- 0.305%
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago | 0.01 bp | 7.8 bp −$8 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.02 bp | 7.4 bp −$7 | 23.4 bp −$234 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.076% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Variational Omni PAXG | −0.058% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| ApeX Omni PAXGUSDT | −0.054% | +0.0011% | 1h | $262K | $790K | 50x | as long as short |
| Phemex PAXGUSDT | −0.053% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.014% | −0.0064% | 1h | $42K | $141K | 20x | as long as short |
| Extended PAXG-USD | −0.013% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | −0.009% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Paradex PAXG-USD-PERP | −0.005% | +0.0099% | 8h | $84K | $2.6M | 50x | as long as short |
| Lighter PAXG | −0.003% | +0.0032% | 1h | $1.4M | $696K | 25x | as long as short |
| Hyperliquid PAXG | 0.000% | +0.0061% | 1h | $20.2M | $1.6M | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PAXGUSDTlong | 0.000% | +0.0100% | 4h | $9.1M | $11.6M | 50x | |
| Orderly PERP_PAXG_USDC_mythos | +0.005% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Binance PAXGUSDT | +0.018% | +0.0100% | 4h | $79.2M | $62.3M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.023% | +0.0144% | 1h | $1.3M | $1.0M | 20x | as long as short |
| Aster PAXGUSDT | +0.026% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| BingX PAXG-USDT | +0.028% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Bybit PAXGUSDT | +0.044% | +0.0100% | 4h | $15.0M | $3.1M | 75x | as long as short |
| KuCoin PAXGUSDTMshort | +0.048% | +0.0100% | 4h | $27.0M | $4.8M | 30x | |
| MEXC PAXG_USDT | +0.056% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Gate PAXG_USDT | +0.058% | 0.0000% | 8h | $15.9M | $4.2M | 100x | as long as short |
| dYdX PAXG-USD | +0.059% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Pacifica PAXG | +0.062% | +0.0100% | 1h | $1.0M | $428K | 10x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.067% | +0.0240% | 1h | $943K | $1.0M | 50x | as long as short |
| Backpack PAXG_USDC_PERP | +0.077% | +0.0100% | 1h | $1.1M | $817K | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.097% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| HTX PAXG-USDT | +0.109% | 0.0000% | 4h | $913K | $571K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.265% | +0.0576% | 1h | $15K | $7K | 10x | as long as short |
| Injective PAXG/USDC PERP | +0.551% | +0.0033% | 1h | $1K | $88K | 30x | as long as short |
Bitget PAXGUSDT
KuCoin PAXGUSDTM
SunX
Variational Omni
ApeX Omni
Phemex
Extended
Paradex
Lighter
Hyperliquid
Binance
Kraken Futures
Aster
BingX
Bybit
MEXC
Gate
Pacifica
Coinbase International
Backpack
Deribit
HTX
Injective