After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.003%7d average+0.004%fees + slippage, in and out−$27spread needed0.271%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PAXGUSDT | 4,346.8 | 0.0100 | pay 0.0050% / 4h | 44m 00s | $15.1M | $3.3M | 75x |
| Short | BingX PAXG-USDT | 4,346.9 | 0.0100 | get 0.0050% / 4h | 44m 00s | — | $6.8M | — |
Bybit 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
- $0.28
- Funding while held
- $0
- Slippage, 4 orders
- −$6.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$26.85
- Spread needed to break even
- 0.271%
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 15 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 Bybit live order book, 1 min ago | 0.12 bp | 8.7 bp −$9 | 11.5 bp −$115 | 28.5 bp −$2,847 | doesn't fit |
| Sell BingX live order book, 15 min ago | 0.32 bp | 5.3 bp −$5 | 5.4 bp −$54 | 9.1 bp −$905 | 26.6 bp −$13.3K |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestPhemex4,341+0.060%SunX4,341.9+0.081%Variational Omni4,345.1+0.153%Lighter4,345.1+0.154%Extended4,345.2+0.156%Aster4,345.7+0.169%Hyperliquid4,345.9+0.173%Orderly4,345.9+0.173%Paradex4,346+0.176%Reya4,346.1+0.177%Binance4,346.1+0.177%Hibachi4,346.2+0.179%Bitget4,346.2+0.180%dYdX4,346.5+0.187%
Injective
Phemex
SunX
Variational Omni
Lighter
Extended
Aster
Hyperliquid
Orderly
Paradex
Reya
Binance
Hibachi
Bitget
dYdXBybit4,346.8+0.194%
BingX4,346.9+0.197%
Pacifica4,347+0.199%ApeX Omni4,347.2+0.203%Kraken Futures4,347.5+0.210%KuCoin4,347.8+0.216%Gate4,347.8+0.217%Backpack4,347.9+0.218%Coinbase International4,348.1+0.224%MEXC4,348.2+0.225%HTX4,349.9+0.265%Deribit4,350.1+0.270%01 Exchange4,356.9+0.426%
Pacifica
ApeX Omni
Kraken Futures
KuCoin
Gate
Backpack
Coinbase International
MEXC
HTX
DeribitPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.194% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| Phemex PAXGUSDT | −0.134% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| SunX PAXG-USDT | −0.113% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Variational Omni PAXG | −0.041% | +0.0100% | 4h | $12.5M | $70K | — | as long as short |
| Lighter PAXG | −0.040% | +0.0096% | 1h | $1.4M | $695K | 25x | as long as short |
| Extended PAXG-USD | −0.038% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Aster PAXGUSDT | −0.025% | +0.0100% | 4h | $905K | $71K | 50x | as long as short |
| Hyperliquid PAXG | −0.021% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.021% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.018% | +0.0099% | 8h | $87K | $2.7M | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERP | −0.017% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Binance PAXGUSDT | −0.017% | +0.0100% | 4h | $79.4M | $65.1M | 75x | as long as short |
| Hibachi PAXG/USDT-P | −0.015% | −0.0144% | 1h | $41K | $144K | 20x | as long as short |
| Bitget PAXGUSDT | −0.014% | +0.0100% | 4h | $9.1M | $12.1M | 50x | as long as short |
| dYdX PAXG-USD | −0.007% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Bybit PAXGUSDTlong | 0.000% | +0.0100% | 4h | $15.1M | $3.3M | 75x | |
| BingX PAXG-USDTshort | +0.003% | +0.0100% | 4h | — | $6.8M | — | |
| Pacifica PAXG | +0.005% | +0.0100% | 1h | $1.0M | $407K | 10x | as long as short |
| ApeX Omni PAXGUSDT | +0.009% | +0.0100% | 1h | $263K | $790K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.016% | −0.0017% | 1h | $1.3M | $1.0M | 20x | as long as short |
| KuCoin PAXGUSDTM | +0.021% | +0.0100% | 4h | $26.9M | $4.9M | 30x | as long as short |
| Gate PAXG_USDT | +0.023% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | +0.024% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.030% | +0.0248% | 1h | $981K | $1.1M | 50x | as long as short |
| MEXC PAXG_USDT | +0.031% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| HTX PAXG-USDT | +0.070% | 0.0000% | 4h | $915K | $605K | 75x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.075% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.232% | +0.0784% | 1h | $15K | $7K | 10x | as long as short |