After costs, if the gap returns to its 7d average, $10k−$97
spread now−0.089%7d average−0.047%fees + slippage, in and out−$93spread needed0.930%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PAXG-USD | 4,339.9 | 0 | get 0.0000% / 1h | 28m 11s | $101K | $19K | 5x |
| Short | Phemex PAXGUSDT | 4,336 | 0.0100 | get 0.0050% / 4h | 1h 28m | $1.5M | $34K | 50x |
dYdX PAXG-USD
Phemex 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
- −$8.9
- Funding while held
- $3
- Slippage, 4 orders
- −$71
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$98.9
- Spread needed to break even
- 0.930%
Slippage from dYdX: live order book, 22 min ago; Phemex: live order book, 1 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, 22 min ago | 15.01 bp | 20.0 bp −$20 | 88.6 bp −$886 | 169.9 bp −$17.0K | 599.0 bp −$299.5K |
| Sell Phemex live order book, 1 min ago | 5.76 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,334.9cheapest
SunXPhemex4,336+0.025%
ApeX Omni4,336.9+0.044%Extended4,337.8+0.065%Variational Omni4,337.9+0.069%Lighter4,338.3+0.078%Bitget4,338.6+0.085%Reya4,338.8+0.088%Hyperliquid4,338.8+0.089%Paradex4,338.9+0.090%Kraken Futures4,339+0.095%Binance4,339.3+0.101%Orderly4,339.4+0.103%
ApeX Omni
Extended
Variational Omni
Lighter
Bitget
Reya
Hyperliquid
Paradex
Kraken Futures
Binance
OrderlydYdX4,339.9+0.114%
Bybit4,340+0.116%Aster4,340+0.117%BingX4,340.2+0.121%Backpack4,340.8+0.136%MEXC4,340.9+0.137%Hibachi4,340.9+0.138%KuCoin4,341+0.139%Pacifica4,341.4+0.148%Gate4,341.9+0.161%Deribit4,342.1+0.166%Coinbase International4,343.5+0.198%HTX4,344.5+0.220%01 Exchange4,350.2+0.352%Injective4,361.2+0.606%
Bybit
Aster
BingX
Backpack
MEXC
Hibachi
KuCoin
Pacifica
Gate
Deribit
Coinbase International
HTX
InjectivePAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.114% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Phemex PAXGUSDTshort | −0.089% | +0.0100% | 4h | $1.5M | $34K | 50x | |
| ApeX Omni PAXGUSDT | −0.069% | +0.0019% | 1h | $262K | $790K | 50x | as long as short |
| Extended PAXG-USD | −0.049% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Variational Omni PAXG | −0.045% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| Lighter PAXG | −0.035% | +0.0032% | 1h | $1.4M | $699K | 25x | as long as short |
| Bitget PAXGUSDT | −0.029% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| Reya PAXGRUSDPERP | −0.026% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Hyperliquid PAXG | −0.024% | +0.0059% | 1h | $20.3M | $1.6M | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.023% | +0.0099% | 8h | $84K | $2.6M | 50x | as long as short |