Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PAXGUSDT | 4,352.8 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $15.1M | $3.4M | 75x |
| Short | Orderly PERP_PAXG_USDC_mythos | 4,352.1 | 0.0100 | get 0.0050% / 4h | 3h 47m | $558 | — | 10x |
Bybit PAXGUSDT
Orderly PERP_PAXG_USDC_mythosPrice 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
- −$1.61
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$18.61
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
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, 2 min ago | 0.12 bp | 7.1 bp −$7 | 10.2 bp −$102 | 25.2 bp −$2,518 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestApeX Omni4,346.3+0.181%SunX4,346.6+0.189%Variational Omni4,348.7+0.238%Phemex4,349+0.244%Hibachi4,349.8+0.264%MEXC4,350.5+0.280%Lighter4,350.7+0.283%Extended4,350.7+0.285%dYdX4,351.1+0.292%Hyperliquid4,351.3+0.297%Reya4,351.6+0.305%Binance4,351.8+0.308%Bitget4,351.9+0.310%
Injective
ApeX Omni
SunX
Variational Omni
Phemex
Hibachi
MEXC
Lighter
Extended
dYdX
Hyperliquid
Reya
Binance
BitgetOrderly4,352.1+0.316%
Coinbase International4,352.2+0.318%BingX4,352.3+0.319%Aster4,352.3+0.320%Paradex4,352.3+0.320%Kraken Futures4,352.5+0.326%Pacifica4,352.8+0.332%
Coinbase International
BingX
Aster
Paradex
Kraken Futures
PacificaBybit4,352.8+0.332%
Gate4,353+0.337%KuCoin4,353.4+0.345%Backpack4,353.6+0.351%Deribit4,355.3+0.389%HTX4,355.8+0.401%01 Exchange4,357.3+0.436%
Gate
KuCoin
Backpack
Deribit
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.331% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.150% | +0.0100% | 1h | $263K | $790K | 50x | as long as short |
| SunX PAXG-USDT | −0.142% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Variational Omni PAXG | −0.094% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Phemex PAXGUSDT | −0.087% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.068% | −0.0120% | 1h | $41K | $144K | 20x | as long as short |
| MEXC PAXG_USDT | −0.052% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Lighter PAXG | −0.049% | +0.0096% | 1h | $1.4M | $700K | 25x | as long as short |
| Extended PAXG-USD | −0.047% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| dYdX PAXG-USD | −0.040% | 0.0000% | 1h | $102K | $19K | 5x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | −0.034% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Reya PAXGRUSDPERP | −0.027% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Binance PAXGUSDT | −0.024% | +0.0100% | 4h | $79.6M | $67.0M | 75x | as long as short |
| Bitget PAXGUSDT | −0.022% | +0.0100% | 4h | $9.1M | $12.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythosshort | −0.016% | +0.0100% | 4h | $558 | — | 10x | |
| Coinbase International PAXG-PERP-INTX | −0.014% | +0.0256% | 1h | $971K | $1.1M | 50x | as long as short |
| BingX PAXG-USDT | −0.013% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Aster PAXGUSDT | −0.012% | +0.0100% | 4h | $907K | $71K | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.012% | +0.0100% | 8h | $84K | $3.2M | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.006% | +0.0051% | 1h | $1.3M | $1.1M | 20x | as long as short |
| Pacifica PAXG | 0.000% | +0.0100% | 1h | $1.0M | $399K | 10x | as long as short |
| Bybit PAXGUSDTlong | 0.000% | +0.0100% | 4h | $15.1M | $3.4M | 75x | |
| Gate PAXG_USDT | +0.005% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.013% | +0.0100% | 4h | $26.8M | $5.0M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.019% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.057% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| HTX PAXG-USDT | +0.069% | 0.0000% | 4h | $918K | $620K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.103% | +0.0408% | 1h | $15K | $5K | 10x | as long as short |