After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.022%7d average+0.005%fees + slippage, in and out−$30spread needed0.304%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,363 | 0 | get 0.0000% / 8h | 2h 34m | $16.0M | $3.8M | 100x |
| Short | MEXC PAXG_USDT | 4,362 | 0.0100 | get 0.0050% / 4h | 2h 34m | $16.3M | $1.1M | 100x |
Gate PAXG_USDT
MEXC 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
- −$2.22
- Funding while held
- $3
- Slippage, 4 orders
- −$11.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$29.62
- Spread needed to break even
- 0.304%
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, just now.
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, 1 min ago | 0.92 bp | 10.2 bp −$10 | 13.3 bp −$133 | 26.7 bp −$2,666 | 60.5 bp −$30.2K |
| Sell MEXC live order book, just now | 1.44 bp | 4.0 bp −$4 | 8.8 bp −$88 | 31.1 bp −$3,115 | 97.5 bp −$48.7K |
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%Variational Omni4,359.4+0.041%Paradex4,359.6+0.047%Extended4,360.2+0.059%Orderly4,360.2+0.060%Lighter4,360.6+0.069%Bitget4,360.8+0.075%Phemex4,361+0.079%Reya4,361+0.080%dYdX4,361+0.080%Hibachi4,361.2+0.083%Hyperliquid4,361.2+0.083%Injective4,361.2+0.083%Binance4,361.4+0.088%Aster4,361.5+0.089%
SunX
Coinbase International
ApeX Omni
Variational Omni
Paradex
Extended
Orderly
Lighter
Bitget
Phemex
Reya
dYdX
Hibachi
Hyperliquid
Injective
Binance
AsterMEXC4,362+0.102%
BingX4,362.3+0.108%Pacifica4,362.4+0.112%Bybit4,362.8+0.120%Backpack4,362.9+0.123%
BingX
Pacifica
Bybit
BackpackGate4,363+0.125%
Kraken Futures4,363.1+0.127%KuCoin4,363.3+0.131%HTX4,364+0.148%Deribit4,364.3+0.154%01 Exchange4,371.8+0.327%
Kraken Futures
KuCoin
HTX
DeribitPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.124% | 0.0000% | 4h | $2K | $3.4M | 20x | as long as short |
| Coinbase International PAXG-PERP-INTX | −0.106% | +0.0256% | 1h | $982K | $459K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.104% | +0.0100% | 1h | $264K | $789K | 50x | as long as short |
| Variational Omni PAXG | −0.084% | +0.0100% | 4h | $12.5M | $71K | — | as long as short |
| Paradex PAXG-USD-PERP | −0.078% | +0.0100% | 8h | $87K | $2.1M | 50x | as long as short |
| Extended PAXG-USD | −0.065% | +0.0104% | 1h | $378K | $1.2M | 25x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.064% | +0.0100% | 4h | $559 | — | 10x | as long as short |
| Lighter PAXG | −0.055% | +0.0096% | 1h | $1.4M | $677K | 25x | as long as short |
| Bitget PAXGUSDT | −0.050% | +0.0100% | 4h | $9.1M | $10.1M | 50x | as long as short |
| Phemex PAXGUSDT | −0.046% | +0.0100% | 4h | $1.5M | $24K | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERP | −0.045% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| dYdX PAXG-USD | −0.045% | 0.0000% | 1h | $102K | $18K | 5x | as long as short |
| Hibachi PAXG/USDT-P | −0.042% | +0.0320% | 1h | $44K | $139K | 20x | as long as short |
| Hyperliquid PAXG | −0.041% | +0.0100% | 1h | $20.4M | $1.5M | 10x | as long as short |
| Injective PAXG/USDC PERP | −0.041% | +0.0033% | 1h | $1K | $117K | 30x | as long as short |
| Binance PAXGUSDT | −0.036% | +0.0100% | 4h | $78.8M | $54.8M | 75x | as long as short |
| Aster PAXGUSDT | −0.035% | +0.0100% | 4h | $902K | $63K | 50x | as long as short |
| MEXC PAXG_USDTshort | −0.022% | +0.0100% | 4h | $16.3M | $1.1M | 100x | |
| BingX PAXG-USDT | −0.017% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Pacifica PAXG | −0.013% | +0.0100% | 1h | $1.0M | $399K | 10x | as long as short |
| Bybit PAXGUSDT | −0.005% | +0.0100% | 4h | $15.2M | $2.7M | 75x | as long as short |
| Backpack PAXG_USDC_PERP | −0.002% | +0.0100% | 1h | $1.1M | $748K | 50x | as long as short |
| Gate PAXG_USDTlong | 0.000% | 0.0000% | 8h | $16.0M | $3.8M | 100x | |
| Kraken Futures PF_PAXGUSD | +0.003% | +0.0201% | 1h | $1.3M | $1.0M | 20x | as long as short |
| KuCoin PAXGUSDTM | +0.006% | +0.0100% | 4h | $27.6M | $4.4M | 30x | as long as short |
| HTX PAXG-USDT | +0.023% | 0.0000% | 4h | $918K | $516K | 75x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.030% | 0.0000% | 1h | $7.9M | $814K | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.202% | +0.0824% | 1h | $15K | $8K | 10x | as long as short |