After costs, if the gap returns to its 7d average, $10k−$32
spread now−0.036%7d average−0.069%fees + slippage, in and out−$35spread needed0.350%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,336.3 | 0 | get 0.0000% / 8h | 1h 01m | $15.8M | $4.3M | 100x |
| Short | Bitget PAXGUSDT | 4,334.8 | 0.0100 | get 0.0050% / 4h | 1h 01m | $9.1M | $11.8M | 50x |
Price 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
- −$3.55
- Funding while held
- $3
- Slippage, 4 orders
- −$8.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$35.6
- Spread needed to break even
- 0.350%
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 1.04 bp | 10.2 bp −$10 | 13.5 bp −$135 | 23.6 bp −$2,360 | 57.6 bp −$28.8K |
| Sell Bitget live order book, 4 min ago | 0.01 bp | 7.9 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.110% | 0.0000% | 4h | $2K | $4.0M | 20x | as long as short |
| Phemex PAXGUSDT | −0.076% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| Lighter PAXG | −0.073% | +0.0016% | 1h | $1.4M | $700K | 25x | as long as short |
| Hyperliquid PAXG | −0.055% | +0.0063% | 1h | $20.2M | $1.6M | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.054% | +0.0099% | 8h | $84K | $2.6M | 50x | as long as short |
| Extended PAXG-USD | −0.052% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | −0.050% | +0.0189% | 1h | $20K | — | 100x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.039% | +0.0100% | 4h | $556 | — | 10x | as long as short |
| Bitget PAXGUSDTshort | −0.036% | +0.0100% | 4h | $9.1M | $11.8M | 50x | |
| BingX PAXG-USDT | −0.030% | +0.0100% | 4h | — | $6.7M | — | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance PAXGUSDT | −0.027% | +0.0100% | 4h | $78.9M | $63.8M | 75x | as long as short |
| Bybit PAXGUSDT | −0.026% | +0.0100% | 4h | $15.0M | $3.2M | 75x | as long as short |
| Aster PAXGUSDT | −0.020% | +0.0100% | 4h | $903K | $71K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.018% | +0.0144% | 1h | $1.3M | $1.0M | 20x | as long as short |
| KuCoin PAXGUSDTM | −0.007% | +0.0100% | 4h | $26.8M | $4.9M | 30x | as long as short |
| Pacifica PAXG | −0.005% | +0.0100% | 1h | $1.0M | $406K | 10x | as long as short |
| Gate PAXG_USDTlong | 0.000% | 0.0000% | 8h | $15.8M | $4.3M | 100x | |
| Hibachi PAXG/USDT-P | +0.008% | −0.0144% | 1h | $41K | $143K | 20x | as long as short |
| ApeX Omni PAXGUSDT | +0.009% | +0.0032% | 1h | $262K | $788K | 50x | as long as short |
| MEXC PAXG_USDT | +0.010% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | +0.027% | +0.0100% | 1h | $1.1M | $827K | 50x | as long as short |
| Variational Omni PAXG | +0.043% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| Injective PAXG/USDC PERP | +0.048% | +0.0033% | 1h | $1K | $116K | 30x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.054% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| dYdX PAXG-USD | +0.064% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| HTX PAXG-USDT | +0.149% | 0.0000% | 4h | $915K | $595K | 75x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.160% | +0.0240% | 1h | $982K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.210% | +0.0704% | 1h | $15K | $7K | 10x | as long as short |
Gate PAXG_USDT
Bitget PAXGUSDT
SunX
Phemex
Lighter
Hyperliquid
Paradex
Extended
BingX
Binance
Bybit
Aster
Kraken Futures
KuCoin
Pacifica
ApeX Omni
MEXC
Backpack
Variational Omni
Injective
Deribit
HTX
Coinbase International