data as of
Settings8H · net · $10k
Price arb /

PAXG

all PAXG markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$25
spread now−0.041%7d average−0.069%fees + slippage, in and out−$27spread needed0.274%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PAXG-PERP-INTX4,348.10.0248pay 0.0031% / 1h43m 33s$981K$1.1M50x
ShortBingX PAXG-USDT4,346.30.0100get 0.0050% / 4h43m 33s$6.7M

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$4.09
Funding while held
−$4.44
Slippage, 4 orders
−$7.39
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$35.92
Spread needed to break even
0.274%
Slippage from Coinbase International: live order book, 1 min ago; BingX: live order book, just now.

Cost of waiting

funding view
Funding /8h
−0.0148%
Per $10,000 a day
$4.44
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago3.24 bp8.6 bp −$910.4 bp −$104doesn't fitdoesn't fit
Sell BingX live order book, just now0.13 bp5.1 bp −$55.5 bp −$5510.3 bp −$1,03531.5 bp −$15.8K

PAXG price on every exchange

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

PAXG on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PAXG/USDC PERP−0.224%−0.0038%1h$1K$116K30xas long as short
Phemex PAXGUSDT−0.164%+0.0100%4h$1.5M$35K50xas long as short
SunX PAXG-USDT−0.143%0.0000%4h$2K$4.1M20xas long as short
ApeX Omni PAXGUSDT−0.092%+0.0100%1h$263K$789K50xas long as short
Extended PAXG-USD−0.088%+0.0104%1h$375K$1.2M25xas long as short
Lighter PAXG−0.078%+0.0096%1h$1.4M$695K25xas long as short
Variational Omni PAXG−0.071%+0.0100%4h$12.5M$70Kas long as short
Paradex PAXG-USD-PERP−0.063%+0.0099%8h$85K$2.7M50xas long as short
Hyperliquid PAXG−0.060%+0.0100%1h$20.3M$1.7M10xas long as short
Binance PAXGUSDT−0.059%+0.0100%4h$79.4M$65.1M75xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster PAXGUSDT−0.058%+0.0100%4h$905K$71K50xas long as short
Orderly PERP_PAXG_USDC_mythos−0.051%+0.0100%4h$55810xas long as short
Hibachi PAXG/USDT-P−0.045%−0.0144%1h$41K$144K20xas long as short
BingX PAXG-USDTshort−0.041%+0.0100%4h$6.7M
Bybit PAXGUSDT−0.040%+0.0100%4h$15.1M$3.3M75xas long as short
Bitget PAXGUSDT−0.038%+0.0100%4h$9.1M$12.1M50xas long as short
dYdX PAXG-USD−0.037%0.0000%1h$101K$19K5xas long as short
Reya PAXGRUSDPERP−0.034%+0.0189%1h$21K100xas long as short
Pacifica PAXG−0.023%+0.0100%1h$1.0M$407K10xas long as short
Kraken Futures PF_PAXGUSD−0.014%−0.0017%1h$1.3M$1.0M20xas long as short
Gate PAXG_USDT−0.012%0.0000%8h$15.8M$4.4M100xas long as short
MEXC PAXG_USDT−0.009%+0.0100%4h$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM−0.009%+0.0100%4h$26.9M$4.9M30xas long as short
Backpack PAXG_USDC_PERP−0.006%+0.0100%1h$1.1M$1.1M50xas long as short
Coinbase International PAXG-PERP-INTXlong0.000%+0.0248%1h$981K$1.1M50x
HTX PAXG-USDT+0.040%0.0000%4h$915K$605K75xas long as short
Deribit PAXG_USDC-PERPETUAL+0.046%0.0000%1h$7.9M$831K50xas long as short
01 Exchange PAXGUSD+0.202%+0.0784%1h$15K$7K10xas long as short