After costs, if the gap returns to its 7d average, $10k−$13
spread now−0.028%7d average−0.058%fees + slippage, in and out−$16spread needed0.157%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PAXG | 4,339.2 | 0.0100 | pay 0.0013% / 1h | 57m 07s | $20.3M | $1.6M | 10x |
| Short | Extended PAXG-USD | 4,338 | 0.0104 | get 0.0013% / 1h | 57m 07s | $375K | $1.2M | 25x |
Hyperliquid PAXG
Extended PAXG-USDPrice 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
- −$2.76
- Funding while held
- $0.12
- Slippage, 4 orders
- −$1.71
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$18.35
- Spread needed to break even
- 0.157%
Slippage from Hyperliquid: live order book, 7 min ago; Extended: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Hyperliquid live order book, 7 min ago | 0.35 bp | 5.1 bp −$5 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.12 bp | 2.7 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni4,335.1cheapestApeX Omni4,335.3+0.005%Phemex4,336+0.021%SunX4,336.8+0.039%
Variational Omni
ApeX Omni
Phemex
SunXExtended4,338+0.067%
Injective4,338.4+0.077%dYdX4,338.6+0.080%Paradex4,338.7+0.083%Hibachi4,338.7+0.083%Orderly4,338.7+0.084%Reya4,338.9+0.088%BingX4,339.2+0.094%
Injective
dYdX
Paradex
Hibachi
Orderly
Reya
BingXHyperliquid4,339.2+0.095%
Lighter4,339.4+0.099%Pacifica4,339.5+0.102%Aster4,339.8+0.109%Bybit4,340.1+0.115%Bitget4,340.5+0.125%Binance4,340.5+0.125%MEXC4,340.9+0.135%KuCoin4,341+0.137%Gate4,341.2+0.141%Kraken Futures4,341.8+0.154%Backpack4,342.1+0.161%Deribit4,342.9+0.181%Coinbase International4,343.2+0.188%HTX4,344+0.206%01 Exchange4,349.6+0.335%
Lighter
Pacifica
Aster
Bybit
Bitget
Binance
MEXC
KuCoin
Gate
Kraken Futures
Backpack
Deribit
Coinbase International
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PAXG | −0.095% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| ApeX Omni PAXGUSDT | −0.090% | +0.0035% | 1h | $262K | $789K | 50x | as long as short |
| Phemex PAXGUSDT | −0.074% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| SunX PAXG-USDT | −0.056% | 0.0000% | 4h | $2K | $4.0M | 20x | as long as short |
| Extended PAXG-USDshort | −0.028% | +0.0104% | 1h | $375K | $1.2M | 25x | |
| Injective PAXG/USDC PERP | −0.018% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| dYdX PAXG-USD | −0.015% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Paradex PAXG-USD-PERP | −0.012% | +0.0099% | 8h | $84K | $2.6M | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.012% | −0.0144% | 1h | $41K | $143K | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.012% | +0.0100% | 4h | $557 | — | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERP | −0.007% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| BingX PAXG-USDT | −0.001% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Hyperliquid PAXGlong | 0.000% | +0.0100% | 1h | $20.3M | $1.6M | 10x | |
| Lighter PAXG | +0.003% | +0.0072% | 1h | $1.4M | $693K | 25x | as long as short |
| Pacifica PAXG | +0.007% | +0.0100% | 1h | $1.0M | $406K | 10x | as long as short |
| Aster PAXGUSDT | +0.014% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Bybit PAXGUSDT | +0.020% | +0.0100% | 4h | $15.0M | $3.2M | 75x | as long as short |
| Bitget PAXGUSDT | +0.029% | +0.0100% | 4h | $9.1M | $12.0M | 50x | as long as short |
| Binance PAXGUSDT | +0.030% | +0.0100% | 4h | $79.1M | $64.0M | 75x | as long as short |
| MEXC PAXG_USDT | +0.040% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.042% | +0.0100% | 4h | $26.8M | $4.9M | 30x | as long as short |
| Gate PAXG_USDT | +0.046% | 0.0000% | 8h | $15.8M | $4.2M | 100x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.059% | −0.0017% | 1h | $1.3M | $1.0M | 20x | as long as short |
| Backpack PAXG_USDC_PERP | +0.066% | +0.0100% | 1h | $1.1M | $833K | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.086% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.093% | +0.0248% | 1h | $982K | $1.1M | 50x | as long as short |
| HTX PAXG-USDT | +0.111% | 0.0000% | 4h | $915K | $600K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.240% | +0.0768% | 1h | $15K | $7K | 10x | as long as short |