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−$54
spread now−0.091%7d average−0.086%fees + slippage, in and out−$53spread needed0.530%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PAXG-PERP-INTX4,3470.0304pay 0.0038% / 1h54m 47s$970K$1.1M50x
ShortdYdX PAXG-USD4,343.10get 0.0000% / 1h54m 47s$101K$18K5x

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
−$9.11
Funding while held
−$9.12
Slippage, 4 orders
−$33
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$71.23
Spread needed to break even
0.530%
Slippage from Coinbase International: live order book, 5 min ago; dYdX: live order book, 41 min ago.

Cost of waiting

funding view
Funding /8h
−0.0304%
Per $10,000 a day
$9.12
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, 5 min ago1.47 bp6.5 bp −$710.2 bp −$102doesn't fitdoesn't fit
Sell dYdX live order book, 41 min ago14.99 bp20.0 bp −$20110.0 bp −$1,100160.9 bp −$16.1K615.5 bp −$307.8K

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
SunX PAXG-USDT−0.248%0.0000%4h$2K$4.1M20xas long as short
Phemex PAXGUSDT−0.207%+0.0100%4h$1.5M$33K50xas long as short
Injective PAXG/USDC PERP−0.198%+0.0033%1h$1K$65K30xas long as short
ApeX Omni PAXGUSDT−0.144%−0.0017%1h$262K$790K50xas long as short
Orderly PERP_PAXG_USDC_mythos−0.138%+0.0100%4h$55710xas long as short
Lighter PAXG−0.127%+0.0088%1h$1.4M$705K25xas long as short
Hyperliquid PAXG−0.125%+0.0100%1h$20.3M$1.8M10xas long as short
Variational Omni PAXG−0.124%+0.0100%4h$12.5M$88Kas long as short
Bitget PAXGUSDT−0.122%+0.0100%4h$9.2M$13.1M50xas long as short
Reya PAXGRUSDPERP−0.117%+0.0189%1h$21K100xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended PAXG-USD−0.112%+0.0104%1h$376K$1.2M25xas long as short
BingX PAXG-USDT−0.111%+0.0100%4h$6.8Mas long as short
Hibachi PAXG/USDT-P−0.109%−0.0368%1h$41K$152K20xas long as short
Bybit PAXGUSDT−0.105%+0.0100%4h$14.9M$3.5M75xas long as short
Binance PAXGUSDT−0.102%+0.0100%4h$79.5M$67.3M75xas long as short
Aster PAXGUSDT−0.095%+0.0100%4h$905K$71K50xas long as short
Paradex PAXG-USD-PERP−0.094%+0.0100%8h$84K$4.0M50xas long as short
Kraken Futures PF_PAXGUSD−0.094%+0.0106%1h$1.3M$1.4M20xas long as short
dYdX PAXG-USDshort−0.091%0.0000%1h$101K$18K5x
Pacifica PAXG−0.075%+0.0100%1h$1.0M$367K10xas long as short
MEXC PAXG_USDT−0.073%+0.0100%4h$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM−0.073%+0.0100%4h$26.8M$5.0M30xas long as short
Backpack PAXG_USDC_PERP−0.061%+0.0100%1h$1.2M$1.1M50xas long as short
Gate PAXG_USDT−0.060%0.0000%8h$15.8M$4.3M100xas long as short
HTX PAXG-USDT−0.046%0.0000%4h$909K$651K75xas long as short
Deribit PAXG_USDC-PERPETUAL−0.032%0.0000%1h$7.9M$833K50xas long as short
Coinbase International PAXG-PERP-INTXlong0.000%+0.0304%1h$970K$1.1M50x
01 Exchange PAXGUSD+0.025%+0.0360%1h$15K$3K10xas long as short