After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.023%7d average+0.003%fees + slippage, in and out−$52spread needed0.524%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi PAXG/USDT-P | 4,344.3 | −0.0352 | get 0.0044% / 1h | 51m 38s | $41K | $152K | 20x |
| Short | Bitget PAXGUSDT | 4,345.3 | 0.0100 | get 0.0050% / 4h | 1h 51m | $9.2M | $13.1M | 50x |
Hibachi PAXG/USDT-P
Bitget 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
- $2.34
- Funding while held
- $13.56
- Slippage, 4 orders
- −$31.36
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$36.47
- Spread needed to break even
- 0.524%
Slippage from Hibachi: live order book, 29 min ago; Bitget: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0452%
- Per $10,000 a day
- +$13.56
- 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, 29 min ago | 0.47 bp | 18.0 bp −$18 | 49.3 bp −$493 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 8.1 bp −$8 | 11.8 bp −$118 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,340.2+0.042%ApeX Omni4,340.3+0.044%Phemex4,341+0.060%Variational Omni4,341.6+0.075%dYdX4,343.1+0.107%
Injective
SunX
ApeX Omni
Phemex
Variational Omni
dYdXHibachi4,344.3+0.135%
Lighter4,344.9+0.149%Hyperliquid4,344.9+0.150%MEXC4,345.1+0.154%Orderly4,345.2+0.157%
Lighter
Hyperliquid
MEXC
OrderlyBitget4,345.3+0.159%
Reya4,345.4+0.161%Extended4,345.6+0.165%Aster4,345.8+0.170%Pacifica4,345.8+0.171%BingX4,345.9+0.173%Binance4,346+0.175%Paradex4,346.1+0.177%Backpack4,346.1+0.178%Bybit4,346.4+0.184%Gate4,346.7+0.191%Kraken Futures4,346.9+0.195%KuCoin4,347+0.197%Coinbase International4,347+0.199%HTX4,349.1+0.247%Deribit4,349.2+0.248%01 Exchange4,349.5+0.256%
Reya
Extended
Aster
Pacifica
BingX
Binance
Paradex
Backpack
Bybit
Gate
Kraken Futures
KuCoin
Coinbase International
HTX
DeribitPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.135% | +0.0033% | 1h | $1K | $65K | 30x | as long as short |
| SunX PAXG-USDT | −0.093% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.091% | +0.0053% | 1h | $262K | $791K | 50x | as long as short |
| Phemex PAXGUSDT | −0.075% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Variational Omni PAXG | −0.061% | +0.0100% | 4h | $12.5M | $88K | — | as long as short |
| dYdX PAXG-USD | −0.028% | 0.0000% | 1h | $101K | $18K | 5x | as long as short |
| Hibachi PAXG/USDT-Plong | 0.000% | −0.0352% | 1h | $41K | $152K | 20x | |
| Lighter PAXG | +0.014% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| Hyperliquid PAXG | +0.015% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| MEXC PAXG_USDT | +0.019% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |