After costs, if the gap returns to its 7d average, $10k−$47
spread now−0.016%7d average−0.020%fees + slippage, in and out−$48spread needed0.475%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi PAXG/USDT-P | 4,340.6 | −0.0176 | get 0.0022% / 1h | 11m 50s | $41K | $144K | 20x |
| Short | ApeX Omni PAXGUSDT | 4,340 | 0.0100 | get 0.0013% / 1h | 11m 50s | $262K | $792K | 50x |
Hibachi PAXG/USDT-P
ApeX Omni PAXGUSDTPrice 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
- −$1.57
- Funding while held
- $8.28
- Slippage, 4 orders
- −$28.51
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$40.8
- Spread needed to break even
- 0.475%
Slippage from Hibachi: live order book, 14 min ago; ApeX Omni: live order book, 34 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0276%
- Per $10,000 a day
- +$8.28
- 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 Hibachi live order book, 14 min ago | 0.09 bp | 16.7 bp −$17 | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 2.53 bp | 7.7 bp −$8 | 71.0 bp −$710 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,336.2cheapestInjective4,338.4+0.051%Phemex4,339+0.064%
SunX
Injective
PhemexApeX Omni4,340+0.086%
Lighter4,340.3+0.094%
LighterHibachi4,340.6+0.102%
Bitget4,341+0.109%Hyperliquid4,341+0.110%Extended4,341+0.111%Paradex4,341.1+0.112%Orderly4,341.2+0.115%Binance4,341.4+0.120%Reya4,341.4+0.120%Bybit4,342+0.133%BingX4,342.2+0.137%Pacifica4,342.3+0.140%KuCoin4,342.9+0.153%Gate4,342.9+0.154%Kraken Futures4,342.9+0.155%Aster4,343+0.155%dYdX4,343.4+0.167%Backpack4,343.8+0.174%MEXC4,344+0.180%Variational Omni4,344.8+0.198%Deribit4,346+0.225%HTX4,346.5+0.237%01 Exchange4,347.5+0.260%Coinbase International4,351.9+0.363%
Bitget
Hyperliquid
Extended
Paradex
Orderly
Binance
Reya
Bybit
BingX
Pacifica
KuCoin
Gate
Kraken Futures
Aster
dYdX
Backpack
MEXC
Variational Omni
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.102% | 0.0000% | 4h | $1K | $4.2M | 20x | as long as short |
| Injective PAXG/USDC PERP | −0.052% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Phemex PAXGUSDT | −0.038% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| ApeX Omni PAXGUSDTshort | −0.016% | +0.0100% | 1h | $262K | $792K | 50x | |
| Lighter PAXG | −0.009% | +0.0096% | 1h | $1.4M | $702K | 25x | as long as short |
| Hibachi PAXG/USDT-Plong | 0.000% | −0.0176% | 1h | $41K | $144K | 20x | |
| Bitget PAXGUSDT | +0.007% | +0.0100% | 4h | $9.2M | $12.8M | 50x | as long as short |
| Hyperliquid PAXG | +0.008% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Extended PAXG-USD | +0.009% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.010% | +0.0100% | 8h | $84K | $3.4M | 50x | as long as short |