After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.026%7d average+0.064%fees + slippage, in and out−$24spread needed0.244%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PAXGUSDT | 4,333.2 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $15.0M | $3.1M | 75x |
| Short | MEXC PAXG_USDT | 4,334.3 | 0.0100 | get 0.0050% / 4h | 1h 38m | $16.1M | $1.2M | 100x |
Bybit PAXGUSDT
MEXC 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
- $2.58
- Funding while held
- $0
- Slippage, 4 orders
- −$9.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$21.77
- Spread needed to break even
- 0.244%
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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 | 7.9 bp −$8 | 11.0 bp −$110 | 29.0 bp −$2,899 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.76 bp | 4.4 bp −$4 | 12.6 bp −$126 | 44.6 bp −$4,459 | 96.0 bp −$48.0K |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Phemex4,331cheapestExtended4,331.1+0.003%SunX4,331.3+0.007%Bitget4,332+0.023%Paradex4,332+0.024%Lighter4,332.3+0.031%Binance4,332.4+0.031%BingX4,333.1+0.049%
Phemex
Extended
SunX
Bitget
Paradex
Lighter
Binance
BingXBybit4,333.2+0.051%
Hyperliquid4,333.6+0.060%Variational Omni4,334.1+0.071%
Hyperliquid
Variational OmniMEXC4,334.3+0.077%
KuCoin4,334.7+0.085%ApeX Omni4,334.9+0.089%Pacifica4,334.9+0.090%Gate4,335.1+0.095%Hibachi4,335.2+0.097%Reya4,335.3+0.100%dYdX4,336.1+0.117%Kraken Futures4,336.1+0.117%Orderly4,336.2+0.120%Aster4,336.6+0.129%Backpack4,337.3+0.145%Coinbase International4,338.6+0.176%Deribit4,338.7+0.178%HTX4,340.2+0.212%01 Exchange4,341.1+0.233%Injective4,361.2+0.697%
KuCoin
ApeX Omni
Pacifica
Gate
Hibachi
Reya
dYdX
Kraken Futures
Orderly
Aster
Backpack
Coinbase International
Deribit
HTX
InjectivePAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex PAXGUSDT | −0.051% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Extended PAXG-USD | −0.048% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| SunX PAXG-USDT | −0.044% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Bitget PAXGUSDT | −0.027% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.027% | +0.0100% | 8h | $84K | $2.6M | 50x | as long as short |
| Lighter PAXG | −0.020% | +0.0072% | 1h | $1.4M | $693K | 25x | as long as short |
| Binance PAXGUSDT | −0.020% | +0.0100% | 4h | $79.0M | $61.9M | 75x | as long as short |
| BingX PAXG-USDT | −0.002% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Bybit PAXGUSDTlong | 0.000% | +0.0100% | 4h | $15.0M | $3.1M | 75x | |
| Hyperliquid PAXG | +0.009% | +0.0082% | 1h | $20.2M | $1.6M | 10x | as long as short |