Spread before costs (cost unknown: a leg has no order-book sample)+0.194%
7d average—if it closes, per $10,000$19funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PAXG/USDC PERP | 4,338.4 | 0.0033 | pay 0.0004% / 1h | 30m 06s | $1K | $65K | 30x |
| Short | Bitget PAXGUSDT | 4,346.8 | 0.0100 | get 0.0050% / 4h | 1h 30m | $9.2M | $13.3M | 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
- $19.39
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $9.37
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 0.01 bp | 7.5 bp −$7 | 11.2 bp −$112 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERPlong | 0.000% | +0.0033% | 1h | $1K | $65K | 30x | |
| SunX PAXG-USDT | +0.110% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | +0.152% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.181% | +0.0100% | 1h | $263K | $786K | 50x | as long as short |
| Variational Omni PAXG | +0.192% | +0.0100% | 4h | $12.5M | $88K | — | as long as short |
| Bitget PAXGUSDTshort | +0.194% | +0.0100% | 4h | $9.2M | $13.3M | 50x | |
| Lighter PAXG | +0.196% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| dYdX PAXG-USD | +0.196% | 0.0000% | 1h | $101K | $18K | 5x | as long as short |
| Hyperliquid PAXG | +0.205% | +0.0100% | 1h | $20.4M | $1.8M | 10x | as long as short |
| Extended PAXG-USD | +0.211% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
Injective PAXG/USDC PERP
Bitget PAXGUSDT
SunX
Phemex
ApeX Omni
Variational Omni
Lighter
Hyperliquid
Extended
Binance
Paradex
BingX
Bybit
Aster
MEXC
Kraken Futures
Pacifica
KuCoin
Backpack
Gate
HTX
Deribit
Coinbase International