After costs, if the gap returns to its 7d average, $10k−$15
spread now−0.010%7d average+0.039%fees + slippage, in and out−$10spread needed0.102%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PAXG-USD | 4,335.6 | 0.0104 | pay 0.0013% / 1h | 33m 10s | $375K | $1.2M | 25x |
| Short | Lighter PAXG | 4,335.2 | 0.0040 | get 0.0005% / 1h | 33m 10s | $1.4M | $696K | 25x |
Extended PAXG-USD
Lighter 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
- −$0.99
- Funding while held
- −$1.92
- Slippage, 4 orders
- −$5.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.07
- Spread needed to break even
- 0.102%
Slippage from Extended: live order book, 2 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0064%
- Per $10,000 a day
- −$1.92
- 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 Extended live order book, 2 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 2.02 bp | 2.5 bp −$3 | 6.2 bp −$62 | 25.4 bp −$2,536 | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,331.5cheapestPhemex4,333+0.035%ApeX Omni4,333.2+0.038%Variational Omni4,334.8+0.076%
SunX
Phemex
ApeX Omni
Variational OmniLighter4,335.2+0.085%
Hibachi4,335.2+0.085%Bitget4,335.5+0.092%
Hibachi
BitgetExtended4,335.6+0.095%
Orderly4,335.8+0.099%Reya4,335.9+0.101%Kraken Futures4,335.9+0.102%dYdX4,336.1+0.106%Binance4,336.2+0.109%Hyperliquid4,336.5+0.115%Bybit4,336.6+0.118%Aster4,336.9+0.124%Paradex4,337.5+0.138%BingX4,337.5+0.138%Backpack4,337.7+0.143%MEXC4,338.3+0.157%Gate4,338.6+0.164%KuCoin4,338.7+0.166%Deribit4,339.3+0.179%Pacifica4,339.3+0.181%Coinbase International4,342.2+0.248%HTX4,342.5+0.254%01 Exchange4,348.1+0.383%Injective4,361.2+0.686%
Orderly
Reya
Kraken Futures
dYdX
Binance
Hyperliquid
Bybit
Aster
Paradex
BingX
Backpack
MEXC
Gate
KuCoin
Deribit
Pacifica
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 | −0.095% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Phemex PAXGUSDT | −0.060% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.057% | −0.0006% | 1h | $262K | $791K | 50x | as long as short |
| Variational Omni PAXG | −0.019% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| Lighter PAXGshort | −0.010% | +0.0040% | 1h | $1.4M | $696K | 25x | |
| Hibachi PAXG/USDT-P | −0.009% | −0.0040% | 1h | $44K | $139K | 20x | as long as short |
| Bitget PAXGUSDT | −0.003% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| Extended PAXG-USDlong | 0.000% | +0.0104% | 1h | $375K | $1.2M | 25x | |
| Orderly PERP_PAXG_USDC_mythos | +0.004% | +0.0100% | 4h | $556 | — | 10x | as long as short |
| Reya PAXGRUSDPERP | +0.006% | +0.0189% | 1h | $20K | — | 100x | as long as short |