data as of
Settings8H · net · $10k
Price arb /

PAXG

all PAXG markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.048%7d average+0.067%fees + slippage, in and out−$51spread needed0.514%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi PAXG/USDT-P4,339.8−0.0080get 0.0010% / 1h28m 36s$42K$141K20x
ShortGate PAXG_USDT4,341.90get 0.0000% / 8h1h 28m$15.9M$4.2M100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$4.82
Funding while held
$2.4
Slippage, 4 orders
−$27.43
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$44.21
Spread needed to break even
0.514%
Slippage from Hibachi: live order book, 7 min ago; Gate: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0080%
Per $10,000 a day
+$2.40
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi live order book, 7 min ago0.01 bp18.7 bp −$1953.2 bp −$532doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.04 bp9.5 bp −$913.7 bp −$13726.1 bp −$2,60859.8 bp −$29.9K

PAXG price on every exchange

against the cheapest. Click to use as the short leg.

PAXG on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX PAXG-USDT−0.072%0.0000%4h$2K$3.9M20xas long as short
ApeX Omni PAXGUSDT−0.068%+0.0019%1h$262K$790K50xas long as short
Variational Omni PAXG−0.043%+0.0100%4h$12.4M$70Kas long as short
Phemex PAXGUSDT−0.042%+0.0100%4h$1.5M$34K50xas long as short
Extended PAXG-USD−0.034%+0.0104%1h$375K$1.2M25xas long as short
Lighter PAXG−0.030%+0.0032%1h$1.4M$699K25xas long as short
Paradex PAXG-USD-PERP−0.022%+0.0099%8h$84K$2.6M50xas long as short
Bitget PAXGUSDT−0.021%+0.0100%4h$9.1M$11.6M50xas long as short
Hyperliquid PAXG−0.012%+0.0060%1h$20.3M$1.6M10xas long as short
Reya PAXGRUSDPERP−0.008%+0.0189%1h$21K100xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance PAXGUSDT−0.004%+0.0100%4h$79.2M$62.6M75xas long as short
Orderly PERP_PAXG_USDC_mythos0.000%+0.0100%4h$55710xas long as short
Hibachi PAXG/USDT-Plong0.000%−0.0080%1h$42K$141K20x
dYdX PAXG-USD+0.001%0.0000%1h$101K$19K5xas long as short
Aster PAXGUSDT+0.004%+0.0100%4h$904K$71K50xas long as short
Bybit PAXGUSDT+0.007%+0.0100%4h$15.0M$3.1M75xas long as short
BingX PAXG-USDT+0.009%+0.0100%4h$6.7Mas long as short
Kraken Futures PF_PAXGUSD+0.015%+0.0144%1h$1.3M$1.0M20xas long as short
MEXC PAXG_USDT+0.027%+0.0100%4h$16.0M$1.3M100xas long as short
KuCoin PAXGUSDTM+0.035%+0.0100%4h$27.0M$4.8M30xas long as short
Pacifica PAXG+0.036%+0.0100%1h$1.0M$409K10xas long as short
Backpack PAXG_USDC_PERP+0.042%+0.0100%1h$1.1M$826K50xas long as short
Gate PAXG_USDTshort+0.048%0.0000%8h$15.9M$4.2M100x
Coinbase International PAXG-PERP-INTX+0.085%+0.0240%1h$943K$1.0M50xas long as short
HTX PAXG-USDT+0.111%0.0000%4h$913K$571K75xas long as short
Deribit PAXG_USDC-PERPETUAL+0.112%0.0000%1h$7.9M$831K50xas long as short
01 Exchange PAXGUSD+0.239%+0.0592%1h$15K$7K10xas long as short
Injective PAXG/USDC PERP+0.493%+0.0033%1h$1K$88K30xas long as short