After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.191%7d average−0.073%fees + slippage, in and out−$26spread needed0.260%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PAXG-PERP-INTX | 4,351.9 | 0.0256 | pay 0.0032% / 1h | 15m 46s | $971K | $1.1M | 50x |
| Short | Bybit PAXGUSDT | 4,343.6 | 0.0100 | get 0.0050% / 4h | 3h 15m | $15.1M | $3.5M | 75x |
Coinbase International PAXG-PERP-INTX
Bybit PAXGUSDTPrice 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
- −$19.14
- Funding while held
- −$4.68
- Slippage, 4 orders
- −$4.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$49.8
- Spread needed to break even
- 0.260%
Slippage from Coinbase International: live order book, 4 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0156%
- Per $10,000 a day
- −$4.68
- 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 Coinbase International live order book, 4 min ago | 0.51 bp | 6.3 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.12 bp | 7.6 bp −$8 | 15.0 bp −$150 | 56.4 bp −$5,642 | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,338.1cheapestInjective4,338.4+0.008%Phemex4,340+0.044%Lighter4,341.5+0.080%Extended4,341.9+0.088%Binance4,342.2+0.095%Bitget4,342.3+0.097%Hyperliquid4,342.5+0.103%Paradex4,342.9+0.111%
SunX
Injective
Phemex
Lighter
Extended
Binance
Bitget
Hyperliquid
ParadexBybit4,343.6+0.127%
BingX4,343.7+0.129%Reya4,343.9+0.133%KuCoin4,343.9+0.135%Kraken Futures4,344.1+0.139%Pacifica4,344.1+0.139%ApeX Omni4,344.2+0.142%Orderly4,344.5+0.148%MEXC4,344.7+0.152%Variational Omni4,344.8+0.155%Aster4,344.8+0.155%Gate4,345+0.160%Hibachi4,345+0.160%Backpack4,345+0.160%Deribit4,347+0.206%dYdX4,347.3+0.213%HTX4,350+0.274%
BingX
Reya
KuCoin
Kraken Futures
Pacifica
ApeX Omni
Orderly
MEXC
Variational Omni
Aster
Gate
Hibachi
Backpack
Deribit
dYdX
HTXCoinbase International4,351.9+0.319%
01 Exchange4,354.2+0.372%PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.318% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Injective PAXG/USDC PERP | −0.311% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Phemex PAXGUSDT | −0.274% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.239% | +0.0096% | 1h | $1.4M | $701K | 25x | as long as short |
| Extended PAXG-USD | −0.231% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | −0.224% | +0.0100% | 4h | $79.6M | $67.7M | 75x | as long as short |
| Bitget PAXGUSDT | −0.222% | +0.0100% | 4h | $9.2M | $12.8M | 50x | as long as short |
| Hyperliquid PAXG | −0.216% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.208% | +0.0100% | 8h | $84K | $3.4M | 50x | as long as short |
| Bybit PAXGUSDTshort | −0.191% | +0.0100% | 4h | $15.1M | $3.5M | 75x |