After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.008%7d average−0.031%fees + slippage, in and out−$19spread needed0.191%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PAXG | 4,342.5 | 0.0100 | pay 0.0013% / 1h | 15m 44s | $20.3M | $1.7M | 10x |
| Short | Paradex PAXG-USD-PERP | 4,342.9 | 0.0100 | get 0.0100% / 8h | 7h 15m | $84K | $3.4M | 50x |
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
- $0.83
- Funding while held
- $0
- Slippage, 4 orders
- −$6.11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$18.28
- Spread needed to break even
- 0.191%
Slippage from Hyperliquid: live order book, 9 min ago; Paradex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.00
- 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 Hyperliquid live order book, 9 min ago | 0.12 bp | 5.8 bp −$6 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Paradex live order book, 5 min ago | 2.29 bp | 4.3 bp −$4 | 97.7 bp −$977 | 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 | −0.103% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Injective PAXG/USDC PERP | −0.095% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Phemex PAXGUSDT | −0.058% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.023% | +0.0096% | 1h | $1.4M | $701K | 25x | as long as short |
| Extended PAXG-USD | −0.015% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | −0.008% | +0.0100% | 4h | $79.6M | $67.7M | 75x | as long as short |
| Bitget PAXGUSDT | −0.006% | +0.0100% | 4h | $9.2M | $12.8M | 50x | as long as short |
| Hyperliquid PAXGlong | 0.000% | +0.0100% | 1h | $20.3M | $1.7M | 10x | |
| Paradex PAXG-USD-PERPshort | +0.008% | +0.0100% | 8h | $84K | $3.4M | 50x | |
| Bybit PAXGUSDT | +0.025% | +0.0100% | 4h | $15.1M | $3.5M | 75x | as long as short |
Hyperliquid PAXG
Paradex PAXG-USD-PERP
SunX
Injective
Phemex
Lighter
Extended
Binance
Bitget
Bybit
BingX
KuCoin
Kraken Futures
Pacifica
ApeX Omni
MEXC
Variational Omni
Aster
Gate
Backpack
Deribit
HTX
Coinbase International