Spread before costs (cost unknown: a leg has no order-book sample)−0.679%
7d average—if it closes, per $10,000$68funding while held, a day+$4.68
| 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 | 37m 53s | $1K | $88K | 30x |
| Short | Reya PAXGRUSDPERP | 4,331.6 | 0.0189 | get 0.0024% / 1h | 37m 53s | $20K | — | 100x |
Injective PAXG/USDC PERP
Reya PAXGRUSDPERPPrice 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
- −$67.92
- Funding while held
- $4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$69.25
- Spread needed to break even
- 0.060%
Slippage unknown: Injective: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0156%
- Per $10,000 a day
- +$4.68
- 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 Reya no order-book sample | — | — | — | — | — |
Injective and Reya: 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.SunX4,328.4cheapestPhemex4,331+0.061%
SunX
PhemexReya4,331.6+0.074%
Paradex4,332+0.085%Lighter4,332+0.085%Extended4,332.3+0.091%Hyperliquid4,332.4+0.093%Kraken Futures4,332.7+0.100%Orderly4,333.1+0.110%Bitget4,334+0.129%Variational Omni4,334.1+0.132%Binance4,334.2+0.136%Backpack4,334.3+0.137%BingX4,334.7+0.146%KuCoin4,334.8+0.150%ApeX Omni4,334.9+0.150%Pacifica4,334.9+0.151%Bybit4,335.1+0.156%Aster4,335.4+0.163%MEXC4,335.4+0.163%Hibachi4,335.5+0.165%dYdX4,336.1+0.178%Deribit4,336.1+0.179%Gate4,337.1+0.202%Coinbase International4,338.6+0.238%HTX4,340.2+0.274%01 Exchange4,341.1+0.294%
Paradex
Lighter
Extended
Hyperliquid
Kraken Futures
Orderly
Bitget
Variational Omni
Binance
Backpack
BingX
KuCoin
ApeX Omni
Pacifica
Bybit
Aster
MEXC
Hibachi
dYdX
Deribit
Gate
Coinbase International
HTXInjective4,361.2+0.759%
PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.753% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Phemex PAXGUSDT | −0.692% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Reya PAXGRUSDPERPshort | −0.679% | +0.0189% | 1h | $20K | — | 100x | |
| Paradex PAXG-USD-PERP | −0.669% | +0.0100% | 8h | $84K | $2.6M | 50x | as long as short |
| Lighter PAXG | −0.669% | +0.0064% | 1h | $1.4M | $693K | 25x | as long as short |
| Extended PAXG-USD | −0.662% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Hyperliquid PAXG | −0.660% | +0.0078% | 1h | $20.2M | $1.6M | 10x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.654% | +0.0144% | 1h | $1.3M | $995K | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.644% | +0.0100% | 4h | $556 | — | 10x | as long as short |
| Bitget PAXGUSDT | −0.625% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PAXG | −0.622% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| Binance PAXGUSDT | −0.618% | +0.0100% | 4h | $79.1M | $62.0M | 75x | as long as short |
| Backpack PAXG_USDC_PERP | −0.617% | +0.0100% | 1h | $1.1M | $817K | 50x | as long as short |
| BingX PAXG-USDT | −0.608% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| KuCoin PAXGUSDTM | −0.604% | +0.0100% | 4h | $26.9M | $4.7M | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.604% | −0.0008% | 1h | $262K | $790K | 50x | as long as short |
| Pacifica PAXG | −0.603% | +0.0100% | 1h | $1.0M | $428K | 10x | as long as short |
| Bybit PAXGUSDT | −0.598% | +0.0100% | 4h | $15.0M | $3.1M | 75x | as long as short |
| Aster PAXGUSDT | −0.591% | +0.0100% | 4h | $903K | $71K | 50x | as long as short |
| MEXC PAXG_USDT | −0.591% | +0.0100% | 4h | $16.1M | $1.2M | 100x | as long as short |
| Hibachi PAXG/USDT-P | −0.590% | −0.0016% | 1h | $44K | $139K | 20x | as long as short |
| dYdX PAXG-USD | −0.576% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | −0.576% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| Gate PAXG_USDT | −0.553% | 0.0000% | 8h | $15.8M | $4.2M | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | −0.517% | +0.0240% | 1h | $946K | $1.0M | 50x | as long as short |
| HTX PAXG-USDT | −0.482% | 0.0000% | 4h | $913K | $568K | 75x | as long as short |
| 01 Exchange PAXGUSD | −0.461% | +0.0552% | 1h | $15K | $7K | 10x | as long as short |
| Injective PAXG/USDC PERPlong | 0.000% | +0.0033% | 1h | $1K | $88K | 30x |