Spread before costs (cost unknown: a leg has no order-book sample)−0.538%
7d average−0.061%if it closes, per $10,000$54funding 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 | 4,361.2 | 0.0033 | pay 0.0004% / 1h | 36m 55s | $1K | $88K | 30x |
| Short | KuCoin PAXGUSDTM | 4,337.8 | 0.0100 | get 0.0050% / 4h | 1h 36m | $26.9M | $4.7M | 30x |
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
- −$53.77
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$63.79
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago | 0.50 bp | 8.1 bp −$8 | 23.7 bp −$237 | 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 | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.679% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Phemex PAXGUSDT | −0.670% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.653% | −0.0024% | 1h | $44K | $139K | 20x | as long as short |
| Paradex PAXG-USD-PERP | −0.632% | +0.0100% | 8h | $80K | $2.6M | 50x | as long as short |
| Variational Omni PAXG | −0.622% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| Extended PAXG-USD | −0.618% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Reya PAXGRUSDPERP | −0.598% | +0.0189% | 1h | $20K | — | 100x | as long as short |
| Lighter PAXG | −0.596% | +0.0064% | 1h | $1.4M | $695K | 25x | as long as short |
| Bitget PAXGUSDT | −0.594% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| Hyperliquid PAXG | −0.587% | +0.0078% | 1h | $20.2M | $1.6M | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PAXGUSDT | −0.581% | +0.0006% | 1h | $262K | $791K | 50x | as long as short |
| Binance PAXGUSDT | −0.580% | +0.0100% | 4h | $79.2M | $62.0M | 75x | as long as short |
| dYdX PAXG-USD | −0.576% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.575% | +0.0144% | 1h | $1.3M | $1.0M | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.569% | +0.0100% | 4h | $556 | — | 10x | as long as short |
| Bybit PAXGUSDT | −0.568% | +0.0100% | 4h | $15.0M | $3.1M | 75x | as long as short |
| BingX PAXG-USDT | −0.568% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Aster PAXGUSDT | −0.564% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Pacifica PAXG | −0.563% | +0.0100% | 1h | $1.0M | $428K | 10x | as long as short |
| MEXC PAXG_USDT | −0.556% | +0.0100% | 4h | $16.2M | $1.2M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | −0.543% | +0.0100% | 1h | $1.1M | $817K | 50x | as long as short |
| KuCoin PAXGUSDTMshort | −0.538% | +0.0100% | 4h | $26.9M | $4.7M | 30x | |
| Gate PAXG_USDT | −0.530% | 0.0000% | 8h | $15.8M | $4.2M | 100x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | −0.512% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | −0.507% | +0.0240% | 1h | $945K | $1.0M | 50x | as long as short |
| 01 Exchange PAXGUSD | −0.461% | +0.0552% | 1h | $15K | $7K | 10x | as long as short |
| HTX PAXG-USDT | −0.420% | 0.0000% | 4h | $913K | $568K | 75x | as long as short |
| Injective PAXG/USDC PERPlong | 0.000% | +0.0033% | 1h | $1K | $88K | 30x |
Injective PAXG/USDC PERP
KuCoin PAXGUSDTM
SunX
Phemex
Paradex
Variational Omni
Extended
Lighter
Bitget
Hyperliquid
ApeX Omni
Binance
Kraken Futures
Bybit
BingX
Aster
Pacifica
MEXC
Backpack
Gate
Deribit
Coinbase International
HTX