Spread before costs (cost unknown: a leg has no order-book sample)−0.164%
7d average−0.088%if it closes, per $10,000$16funding while held, a day−$4.68
| 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 | 13m 55s | $971K | $1.1M | 50x |
| Short | Variational Omni PAXG | 4,344.8 | 0.0100 | get 0.0050% / 4h | 3h 13m | $12.5M | $85K | — |
Coinbase International PAXG-PERP-INTX
Variational Omni PAXGPrice 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
- −$16.41
- Funding while held
- −$4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$31.09
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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, 1 min ago | 1.71 bp | 6.7 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.83 bp | doesn't fit | 9.3 bp −$93 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,335cheapestPhemex4,338+0.070%Injective4,338.4+0.079%Lighter4,339+0.092%Extended4,339.7+0.108%Bitget4,339.9+0.113%Binance4,340.1+0.118%Hyperliquid4,340.2+0.121%Paradex4,341.1+0.142%Bybit4,341.2+0.144%Orderly4,341.2+0.144%Reya4,341.3+0.145%Kraken Futures4,341.5+0.151%BingX4,341.5+0.152%Hibachi4,341.6+0.154%KuCoin4,341.9+0.159%Aster4,342.1+0.165%Gate4,342.3+0.169%Pacifica4,342.4+0.171%Backpack4,343.1+0.188%dYdX4,343.4+0.195%MEXC4,343.9+0.206%ApeX Omni4,344.3+0.215%
SunX
Phemex
Injective
Lighter
Extended
Bitget
Binance
Hyperliquid
Paradex
Bybit
Orderly
Reya
Kraken Futures
BingX
Hibachi
KuCoin
Aster
Gate
Pacifica
Backpack
dYdX
MEXC
ApeX OmniVariational Omni4,344.8+0.227%
Deribit4,344.8+0.228%01 Exchange4,347.6+0.291%HTX4,347.8+0.296%
Deribit
HTXCoinbase International4,351.9+0.391%
PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.390% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.320% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Injective PAXG/USDC PERP | −0.311% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Lighter PAXG | −0.298% | +0.0096% | 1h | $1.4M | $702K | 25x | as long as short |
| Extended PAXG-USD | −0.282% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | −0.277% | +0.0100% | 4h | $9.2M | $12.8M | 50x | as long as short |
| Binance PAXGUSDT | −0.272% | +0.0100% | 4h | $79.3M | $67.8M | 75x | as long as short |
| Hyperliquid PAXG | −0.270% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.248% | +0.0100% | 8h | $84K | $3.4M | 50x | as long as short |
| Bybit PAXGUSDT | −0.247% | +0.0100% | 4h | $15.1M | $3.5M | 75x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_PAXG_USDC_mythos | −0.247% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Reya PAXGRUSDPERP | −0.245% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.240% | +0.0051% | 1h | $1.3M | $1.1M | 20x | as long as short |
| BingX PAXG-USDT | −0.239% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Hibachi PAXG/USDT-P | −0.237% | −0.0176% | 1h | $41K | $144K | 20x | as long as short |
| KuCoin PAXGUSDTM | −0.231% | +0.0100% | 4h | $26.7M | $5.0M | 30x | as long as short |
| Aster PAXGUSDT | −0.226% | +0.0100% | 4h | $905K | $71K | 50x | as long as short |
| Gate PAXG_USDT | −0.221% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| Pacifica PAXG | −0.220% | +0.0100% | 1h | $1.0M | $394K | 10x | as long as short |
| Backpack PAXG_USDC_PERP | −0.202% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| dYdX PAXG-USD | −0.195% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| MEXC PAXG_USDT | −0.184% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| ApeX Omni PAXGUSDT | −0.175% | +0.0100% | 1h | $263K | $791K | 50x | as long as short |
| Variational Omni PAXGshort | −0.164% | +0.0100% | 4h | $12.5M | $85K | — | |
| Deribit PAXG_USDC-PERPETUAL | −0.163% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| 01 Exchange PAXGUSD | −0.099% | +0.0488% | 1h | $15K | $3K | 10x | as long as short |
| HTX PAXG-USDT | −0.095% | 0.0000% | 4h | $917K | $630K | 75x | as long as short |
| Coinbase International PAXG-PERP-INTXlong | 0.000% | +0.0256% | 1h | $971K | $1.1M | 50x |