After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.039%7d average−0.014%fees + slippage, in and out−$36spread needed0.361%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,362.6 | 0 | get 0.0000% / 8h | 2h 35m | $16.0M | $3.8M | 100x |
| Short | Deribit PAXG_USDC-PERPETUAL | 4,364.3 | 0 | get 0.0000% / 1h | 35m 17s | $7.9M | $814K | 50x |
Gate PAXG_USDT
Deribit PAXG_USDC-PERPETUALPrice 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
- $3.88
- Funding while held
- $0
- Slippage, 4 orders
- −$14.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$32.23
- Spread needed to break even
- 0.361%
Slippage from Gate: live order book, 5 min ago; Deribit: live order book, just now.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 0.57 bp | 9.1 bp −$9 | 11.6 bp −$116 | 24.9 bp −$2,492 | 58.6 bp −$29.3K |
| Sell Deribit live order book, just now | 2.66 bp | 6.8 bp −$7 | 13.7 bp −$137 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,357.6cheapestCoinbase International4,358.4+0.019%ApeX Omni4,358.5+0.021%Paradex4,359.3+0.041%Variational Omni4,359.4+0.041%Hibachi4,359.8+0.052%Orderly4,360.2+0.060%Extended4,360.3+0.062%Hyperliquid4,360.4+0.065%Reya4,360.6+0.069%Aster4,360.6+0.069%Lighter4,360.6+0.070%Phemex4,361+0.079%dYdX4,361+0.080%Injective4,361.2+0.083%Pacifica4,361.5+0.089%BingX4,361.5+0.090%Binance4,361.6+0.092%Bitget4,361.7+0.095%MEXC4,361.9+0.099%Backpack4,362.2+0.106%Bybit4,362.6+0.115%
SunX
Coinbase International
ApeX Omni
Paradex
Variational Omni
Hibachi
Orderly
Extended
Hyperliquid
Reya
Aster
Lighter
Phemex
dYdX
Injective
Pacifica
BingX
Binance
Bitget
MEXC
Backpack
BybitGate4,362.6+0.115%
KuCoin4,362.6+0.116%Kraken Futures4,363.1+0.127%HTX4,364+0.148%
KuCoin
Kraken Futures
HTXDeribit4,364.3+0.154%
01 Exchange4,371.4+0.317%PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.115% | 0.0000% | 4h | $2K | $3.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | −0.097% | +0.0256% | 1h | $982K | $459K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.094% | +0.0100% | 1h | $264K | $789K | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.075% | +0.0100% | 8h | $81K | $2.1M | 50x | as long as short |
| Variational Omni PAXG | −0.074% | +0.0100% | 4h | $12.5M | $71K | — | as long as short |
| Hibachi PAXG/USDT-P | −0.063% | +0.0320% | 1h | $44K | $139K | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.055% | +0.0100% | 4h | $559 | — | 10x | as long as short |
| Extended PAXG-USD | −0.053% | +0.0104% | 1h | $378K | $1.2M | 25x | as long as short |
| Hyperliquid PAXG | −0.050% | +0.0100% | 1h | $20.4M | $1.5M | 10x | as long as short |
| Reya PAXGRUSDPERP | −0.047% | +0.0189% | 1h | $21K | — | 100x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster PAXGUSDT | −0.047% | +0.0100% | 4h | $901K | $63K | 50x | as long as short |
| Lighter PAXG | −0.046% | +0.0096% | 1h | $1.4M | $677K | 25x | as long as short |
| Phemex PAXGUSDT | −0.037% | +0.0100% | 4h | $1.5M | $24K | 50x | as long as short |
| dYdX PAXG-USD | −0.036% | 0.0000% | 1h | $102K | $18K | 5x | as long as short |
| Injective PAXG/USDC PERP | −0.032% | +0.0033% | 1h | $1K | $117K | 30x | as long as short |
| Pacifica PAXG | −0.026% | +0.0100% | 1h | $1.0M | $399K | 10x | as long as short |
| BingX PAXG-USDT | −0.025% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Binance PAXGUSDT | −0.023% | +0.0100% | 4h | $78.8M | $54.9M | 75x | as long as short |
| Bitget PAXGUSDT | −0.020% | +0.0100% | 4h | $9.2M | $10.1M | 50x | as long as short |
| MEXC PAXG_USDT | −0.016% | +0.0100% | 4h | $16.3M | $1.1M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | −0.009% | +0.0100% | 1h | $1.1M | $748K | 50x | as long as short |
| Bybit PAXGUSDT | 0.000% | +0.0100% | 4h | $15.2M | $2.7M | 75x | as long as short |
| Gate PAXG_USDTlong | 0.000% | 0.0000% | 8h | $16.0M | $3.8M | 100x | |
| KuCoin PAXGUSDTM | +0.001% | +0.0100% | 4h | $27.6M | $4.4M | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.012% | +0.0201% | 1h | $1.3M | $1.0M | 20x | as long as short |
| HTX PAXG-USDT | +0.032% | 0.0000% | 4h | $918K | $516K | 75x | as long as short |
| Deribit PAXG_USDC-PERPETUALshort | +0.039% | 0.0000% | 1h | $7.9M | $814K | 50x | |
| 01 Exchange PAXGUSD | +0.202% | +0.0824% | 1h | $15K | $8K | 10x | as long as short |