Spread before costs (cost unknown: a leg has no order-book sample)−0.081%
7d average−0.067%if it closes, per $10,000$8funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PAXG_USDT | 4,361.6 | 0 | get 0.0000% / 8h | 2h 37m | $16.0M | $3.8M | 100x |
| Short | Variational Omni PAXG | 4,358.1 | 0.0100 | get 0.0050% / 4h | 2h 37m | $12.5M | $71K | — |
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
- −$8.12
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.12
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
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, 3 min ago | 0.57 bp | 9.1 bp −$9 | 11.6 bp −$116 | 24.9 bp −$2,492 | 58.6 bp −$29.3K |
| Sell Variational Omni RFQ quote, 4 min ago | 2.83 bp | doesn't fit | 10.5 bp −$105 | 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 | −0.111% | 0.0000% | 4h | $1K | $3.4M | 20x | as long as short |
| Variational Omni PAXGshort | −0.081% | +0.0100% | 4h | $12.5M | $71K | — | |
| Coinbase International PAXG-PERP-INTX | −0.074% | +0.0256% | 1h | $982K | $459K | 50x | as long as short |
| Hyperliquid PAXG | −0.073% | +0.0100% | 1h | $20.3M | $1.5M | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.072% | +0.0100% | 1h | $264K | $789K | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.070% | +0.0100% | 8h | $85K | $2.1M | 50x | as long as short |
| Bitget PAXGUSDT | −0.067% | +0.0100% | 4h | $9.1M | $10.1M | 50x | as long as short |
| Lighter PAXG | −0.062% | +0.0096% | 1h | $1.4M | $677K | 25x | as long as short |
| Extended PAXG-USD | −0.060% | +0.0104% | 1h | $379K | $1.2M | 25x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.053% | +0.0100% | 4h | $559 | — | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.047% | +0.0320% | 1h | $44K | $139K | 20x | as long as short |
| BingX PAXG-USDT | −0.043% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| MEXC PAXG_USDT | −0.042% | +0.0100% | 4h | $16.3M | $1.1M | 100x | as long as short |
| Binance PAXGUSDT | −0.037% | +0.0100% | 4h | $78.8M | $54.8M | 75x | as long as short |
| Reya PAXGRUSDPERP | −0.034% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Aster PAXGUSDT | −0.031% | +0.0100% | 4h | $901K | $63K | 50x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.030% | +0.0201% | 1h | $1.3M | $1.0M | 20x | as long as short |
| Bybit PAXGUSDT | −0.025% | +0.0100% | 4h | $15.2M | $2.7M | 75x | as long as short |
| Pacifica PAXG | −0.022% | +0.0100% | 1h | $1.0M | $399K | 10x | as long as short |
| Backpack PAXG_USDC_PERP | −0.021% | +0.0100% | 1h | $1.1M | $748K | 50x | as long as short |
| Phemex PAXGUSDT | −0.014% | +0.0100% | 4h | $1.5M | $24K | 50x | as long as short |
| dYdX PAXG-USD | −0.013% | 0.0000% | 1h | $102K | $18K | 5x | as long as short |
| Injective PAXG/USDC PERP | −0.009% | +0.0033% | 1h | $1K | $117K | 30x | as long as short |
| Gate PAXG_USDTlong | 0.000% | 0.0000% | 8h | $16.0M | $3.8M | 100x | |
| KuCoin PAXGUSDTM | +0.003% | +0.0100% | 4h | $27.6M | $4.4M | 30x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.032% | 0.0000% | 1h | $7.9M | $814K | 50x | as long as short |
| HTX PAXG-USDT | +0.067% | 0.0000% | 4h | $918K | $514K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.199% | +0.0824% | 1h | $15K | $8K | 10x | as long as short |
Gate PAXG_USDT
Variational Omni PAXG
SunX
Coinbase International
Hyperliquid
ApeX Omni
Paradex
Bitget
Lighter
Extended
BingX
MEXC
Binance
Aster
Kraken Futures
Bybit
Pacifica
Backpack
Phemex
Injective
KuCoin
Deribit
HTX