After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.040%7d average+0.007%fees + slippage, in and out−$50spread needed0.504%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,338.6 | 0 | get 0.0000% / 1h | 55m 04s | $101K | $19K | 5x |
| Short | Hyperliquid PAXG | 4,340.3 | 0.0100 | get 0.0013% / 1h | 55m 04s | $20.3M | $1.7M | 10x |
dYdX PAXG-USD
Hyperliquid 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
- $4.03
- Funding while held
- $3
- Slippage, 4 orders
- −$31.39
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$43.35
- Spread needed to break even
- 0.504%
Slippage from dYdX: live order book, 55 min ago; Hyperliquid: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 dYdX live order book, 55 min ago | 15.01 bp | 20.0 bp −$20 | 88.6 bp −$886 | 169.9 bp −$17.0K | 599.0 bp −$299.5K |
| Sell Hyperliquid live order book, 9 min ago | 0.35 bp | 5.3 bp −$5 | 7.2 bp −$72 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,336.8cheapestPhemex4,337+0.006%ApeX Omni4,338.3+0.036%Injective4,338.4+0.038%
SunX
Phemex
ApeX Omni
InjectivedYdX4,338.6+0.042%
Lighter4,339.4+0.062%Orderly4,340+0.075%
Lighter
OrderlyHyperliquid4,340.3+0.082%
Reya4,340.4+0.084%Extended4,340.7+0.092%Paradex4,341+0.099%Aster4,341.2+0.102%Binance4,341.3+0.104%Variational Omni4,341.4+0.107%Hibachi4,341.5+0.109%Pacifica4,341.6+0.112%Bitget4,341.7+0.114%Kraken Futures4,341.8+0.116%BingX4,341.9+0.118%Backpack4,342.1+0.124%Bybit4,342.3+0.128%KuCoin4,342.7+0.136%Gate4,343.2+0.149%MEXC4,343.5+0.155%Deribit4,344+0.167%HTX4,344+0.167%Coinbase International4,345.1+0.191%01 Exchange4,351.4+0.338%
Reya
Extended
Paradex
Aster
Binance
Variational Omni
Hibachi
Pacifica
Bitget
Kraken Futures
BingX
Backpack
Bybit
KuCoin
Gate
MEXC
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.041% | 0.0000% | 4h | $2K | $4.0M | 20x | as long as short |
| Phemex PAXGUSDT | −0.036% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.006% | +0.0100% | 1h | $262K | $790K | 50x | as long as short |
| Injective PAXG/USDC PERP | −0.003% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| dYdX PAXG-USDlong | 0.000% | 0.0000% | 1h | $101K | $19K | 5x | |
| Lighter PAXG | +0.020% | +0.0080% | 1h | $1.4M | $693K | 25x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.033% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Hyperliquid PAXGshort | +0.040% | +0.0100% | 1h | $20.3M | $1.7M | 10x | |
| Reya PAXGRUSDPERP | +0.042% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Extended PAXG-USD | +0.051% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |