After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.032%7d average−0.055%fees + slippage, in and out−$31spread needed0.308%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,347.9 | 0 | get 0.0000% / 8h | 7h 18m | $15.8M | $4.4M | 100x |
| Short | BingX PAXG-USDT | 4,346.5 | 0.0100 | get 0.0050% / 4h | 3h 18m | — | $6.8M | — |
Gate PAXG_USDT
BingX PAXG-USDTPrice 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
- −$3.17
- Funding while held
- $3
- Slippage, 4 orders
- −$5.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$30.98
- Spread needed to break even
- 0.308%
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 10 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 Gate live order book, 2 min ago | 1.50 bp | 9.8 bp −$10 | 12.4 bp −$124 | 24.9 bp −$2,485 | 58.7 bp −$29.4K |
| Sell BingX live order book, 10 min ago | 0.38 bp | 5.4 bp −$5 | 6.1 bp −$61 | 10.0 bp −$998 | 32.5 bp −$16.2K |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,340.2+0.042%Phemex4,343+0.106%Lighter4,344.5+0.141%Extended4,345+0.151%Bitget4,345.3+0.158%Hyperliquid4,345.5+0.164%Binance4,345.5+0.164%ApeX Omni4,346.1+0.177%Paradex4,346.1+0.177%Reya4,346.4+0.184%Bybit4,346.5+0.187%Orderly4,346.5+0.187%
Injective
SunX
Phemex
Lighter
Extended
Bitget
Hyperliquid
Binance
ApeX Omni
Paradex
Reya
Bybit
OrderlyBingX4,346.5+0.187%
Hibachi4,346.5+0.187%Aster4,346.7+0.190%Variational Omni4,346.8+0.194%Pacifica4,346.8+0.194%MEXC4,347.1+0.201%dYdX4,347.3+0.206%KuCoin4,347.5+0.209%Kraken Futures4,347.7+0.214%
Hibachi
Aster
Variational Omni
Pacifica
MEXC
dYdX
KuCoin
Kraken FuturesGate4,347.9+0.219%
Backpack4,348.1+0.224%Deribit4,350+0.268%HTX4,351.1+0.293%Coinbase International4,351.9+0.312%01 Exchange4,354.1+0.362%
Backpack
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.218% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| SunX PAXG-USDT | −0.176% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.113% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.078% | +0.0096% | 1h | $1.4M | $701K | 25x | as long as short |
| Extended PAXG-USD | −0.068% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | −0.061% | +0.0100% | 4h | $9.2M | $12.7M | 50x | as long as short |
| Hyperliquid PAXG | −0.055% | +0.0100% | 1h | $20.4M | $1.7M | 10x | as long as short |
| Binance PAXGUSDT | −0.055% | +0.0100% | 4h | $79.6M | $67.4M | 75x | as long as short |
| ApeX Omni PAXGUSDT | −0.042% | +0.0100% | 1h | $263K | $792K | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.042% | +0.0100% | 8h | $84K | $3.4M | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERP | −0.035% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Bybit PAXGUSDT | −0.032% | +0.0100% | 4h | $15.1M | $3.5M | 75x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.032% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| BingX PAXG-USDTshort | −0.032% | +0.0100% | 4h | — | $6.8M | — | |
| Hibachi PAXG/USDT-P | −0.032% | −0.0168% | 1h | $41K | $144K | 20x | as long as short |
| Aster PAXGUSDT | −0.029% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Variational Omni PAXG | −0.025% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Pacifica PAXG | −0.025% | +0.0100% | 1h | $1.0M | $394K | 10x | as long as short |
| MEXC PAXG_USDT | −0.018% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| dYdX PAXG-USD | −0.013% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| KuCoin PAXGUSDTM | −0.010% | +0.0100% | 4h | $26.8M | $5.0M | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.005% | +0.0051% | 1h | $1.3M | $1.1M | 20x | as long as short |
| Gate PAXG_USDTlong | 0.000% | 0.0000% | 8h | $15.8M | $4.4M | 100x | |
| Backpack PAXG_USDC_PERP | +0.005% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.049% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| HTX PAXG-USDT | +0.074% | 0.0000% | 4h | $916K | $625K | 75x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.093% | +0.0256% | 1h | $971K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.143% | +0.0472% | 1h | $15K | $3K | 10x | as long as short |