After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.177%7d average−0.193%fees + slippage, in and out−$81spread needed0.810%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PAXG-PERP-INTX | 4,344.5 | 0.0296 | pay 0.0037% / 1h | 53m 07s | $970K | $1.1M | 50x |
| Short | SunX PAXG-USDT | 4,336.8 | 0 | get 0.0000% / 4h | 2h 53m | $2K | $4.2M | 20x |
Price 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
- −$17.72
- Funding while held
- −$8.88
- Slippage, 4 orders
- −$60.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$107.58
- Spread needed to break even
- 0.810%
Slippage from Coinbase International: live order book, 2 min ago; SunX: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0296%
- Per $10,000 a day
- −$8.88
- 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, 2 min ago | 1.69 bp | 8.5 bp −$8 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 21.54 bp | 26.5 bp −$27 | 56.1 bp −$561 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDTshort | −0.177% | 0.0000% | 4h | $2K | $4.2M | 20x | |
| Hibachi PAXG/USDT-P | −0.150% | −0.0304% | 1h | $41K | $146K | 20x | as long as short |
| Injective PAXG/USDC PERP | −0.140% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.130% | +0.0100% | 1h | $262K | $793K | 50x | as long as short |
| Variational Omni PAXG | −0.128% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Phemex PAXGUSDT | −0.127% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.123% | +0.0080% | 1h | $1.4M | $705K | 25x | as long as short |
| Hyperliquid PAXG | −0.113% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Extended PAXG-USD | −0.108% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| dYdX PAXG-USD | −0.107% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | −0.104% | +0.0100% | 8h | $86K | $3.8M | 50x | as long as short |
| Bitget PAXGUSDT | −0.102% | +0.0100% | 4h | $9.2M | $13.0M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.101% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Aster PAXGUSDT | −0.099% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Binance PAXGUSDT | −0.094% | +0.0100% | 4h | $79.3M | $67.6M | 75x | as long as short |
| BingX PAXG-USDT | −0.094% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Pacifica PAXG | −0.093% | +0.0100% | 1h | $1.0M | $394K | 10x | as long as short |
| Reya PAXGRUSDPERP | −0.088% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Bybit PAXGUSDT | −0.085% | +0.0100% | 4h | $15.1M | $3.5M | 75x | as long as short |
| MEXC PAXG_USDT | −0.059% | +0.0100% | 4h | $15.9M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | −0.058% | +0.0100% | 4h | $26.7M | $5.0M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | −0.049% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Gate PAXG_USDT | −0.048% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.048% | +0.0069% | 1h | $1.3M | $1.1M | 20x | as long as short |
| HTX PAXG-USDT | −0.026% | 0.0000% | 4h | $915K | $635K | 75x | as long as short |
| Coinbase International PAXG-PERP-INTXlong | 0.000% | +0.0296% | 1h | $970K | $1.1M | 50x | |
| Deribit PAXG_USDC-PERPETUAL | +0.001% | 0.0000% | 1h | $7.9M | $833K | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.037% | +0.0408% | 1h | $15K | $3K | 10x | as long as short |
Coinbase International PAXG-PERP-INTX
SunX PAXG-USDT
Injective
ApeX Omni
Variational Omni
Phemex
Lighter
Hyperliquid
Extended
Paradex
Bitget
Aster
Binance
BingX
Pacifica
Bybit
MEXC
KuCoin
Backpack
Gate
Kraken Futures
HTX
Deribit