PAXG

Alert

After costs, if the gap returns to its 7d average, $10k−$29

spread now−0.071%7d average−0.110%fees + slippage, in and out−$33spread needed0.329%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PAXG-PERP-INTX	4,338	0.0240	pay 0.0030% / 1h	39m 32s	$947K	$1.0M	50x
Short	ApeX Omni PAXGUSDT	4,334.9	−0.0008	pay 0.0001% / 1h	39m 32s	$262K	$790K	50x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee Coinbase InternationalbpFee ApeX OmnibpOrdersClose when spread is

Slippage from Coinbase International: live order book, just now; ApeX Omni: live order book, 16 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, just now	1.45 bp	9.8 bp −$10	13.2 bp −$132	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 16 min ago	3.05 bp	8.4 bp −$8	134.1 bp −$1,341	doesn't fit	doesn't fit

against the cheapest. Click to use as the short leg.

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SunX PAXG-USDT	−0.166%	0.0000%	4h	$2K	$3.9M	20x	as long as short
Phemex PAXGUSDT	−0.138%	+0.0100%	4h	$1.5M	$34K	50x	as long as short
Variational Omni PAXG	−0.089%	+0.0100%	4h	$12.4M	$70K	—	as long as short
Extended PAXG-USD	−0.081%	+0.0104%	1h	$375K	$1.2M	25x	as long as short
Lighter PAXG	−0.072%	+0.0080%	1h	$1.4M	$693K	25x	as long as short
ApeX Omni PAXGUSDTshort	−0.071%	−0.0008%	1h	$262K	$790K	50x
Orderly PERP_PAXG_USDC_mythos	−0.071%	+0.0100%	4h	$556	—	10x	as long as short
Hibachi PAXG/USDT-P	−0.063%	−0.0008%	1h	$44K	$139K	20x	as long as short
Reya PAXGRUSDPERP	−0.061%	+0.0189%	1h	$20K	—	100x	as long as short
Paradex PAXG-USD-PERP	−0.059%	+0.0100%	8h	$84K	$2.5M	50x	as long as short

Show all 28 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget PAXGUSDT	−0.057%	+0.0100%	4h	$9.1M	$11.5M	50x	as long as short
Hyperliquid PAXG	−0.045%	+0.0089%	1h	$20.2M	$1.6M	10x	as long as short
Binance PAXGUSDT	−0.044%	+0.0100%	4h	$79.1M	$61.8M	75x	as long as short
Kraken Futures PF_PAXGUSD	−0.044%	+0.0144%	1h	$1.3M	$994K	20x	as long as short
dYdX PAXG-USD	−0.044%	0.0000%	1h	$101K	$19K	5x	as long as short
BingX PAXG-USDT	−0.040%	+0.0100%	4h	—	$6.7M	—	as long as short
Aster PAXGUSDT	−0.032%	+0.0100%	4h	$904K	$71K	50x	as long as short
Bybit PAXGUSDT	−0.027%	+0.0100%	4h	$15.0M	$3.1M	75x	as long as short
Backpack PAXG_USDC_PERP	−0.017%	+0.0100%	1h	$1.1M	$816K	50x	as long as short
MEXC PAXG_USDT	−0.016%	+0.0100%	4h	$16.2M	$1.2M	100x	as long as short
Pacifica PAXG	−0.013%	+0.0100%	1h	$1.0M	$428K	10x	as long as short
Gate PAXG_USDT	−0.006%	0.0000%	8h	$15.8M	$4.2M	100x	as long as short
Coinbase International PAXG-PERP-INTXlong	0.000%	+0.0240%	1h	$947K	$1.0M	50x
KuCoin PAXGUSDTM	0.000%	+0.0100%	4h	$26.9M	$4.7M	30x	as long as short
Deribit PAXG_USDC-PERPETUAL	+0.015%	0.0000%	1h	$7.9M	$831K	50x	as long as short
HTX PAXG-USDT	+0.024%	0.0000%	4h	$912K	$568K	75x	as long as short
01 Exchange PAXGUSD	+0.072%	+0.0560%	1h	$15K	$7K	10x	as long as short
Injective PAXG/USDC PERP	+0.536%	+0.0033%	1h	$1K	$88K	30x	as long as short