After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.002%7d average+0.119%fees + slippage, in and out−$24spread needed0.240%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PAXGUSD | 4,349.3 | −0.0017 | get 0.0002% / 1h | 26m 35s | $1.3M | $1.0M | 20x |
| Short | MEXC PAXG_USDT | 4,349.4 | 0.0100 | get 0.0050% / 4h | 26m 35s | $16.0M | $1.3M | 100x |
Kraken Futures PF_PAXGUSD
MEXC PAXG_USDTPrice 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
- $0.19
- Funding while held
- $3.5
- Slippage, 4 orders
- −$9.97
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.29
- Spread needed to break even
- 0.240%
Slippage from Kraken Futures: live order book, 3 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0117%
- Per $10,000 a day
- +$3.50
- 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 Kraken Futures live order book, 3 min ago | 0.92 bp | 7.8 bp −$8 | 15.6 bp −$156 | 41.2 bp −$4,117 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.54 bp | 4.0 bp −$4 | 12.8 bp −$128 | 40.3 bp −$4,031 | 114.1 bp −$57.0K |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestPhemex4,343+0.106%SunX4,343.8+0.124%Orderly4,346.5+0.187%dYdX4,346.5+0.187%Variational Omni4,346.8+0.194%Lighter4,347.2+0.204%Extended4,347.4+0.208%ApeX Omni4,347.5+0.209%Hibachi4,347.7+0.214%Hyperliquid4,347.8+0.217%Bitget4,347.9+0.219%Paradex4,348.1+0.224%Reya4,348.1+0.225%Aster4,348.2+0.225%Binance4,348.3+0.229%BingX4,348.6+0.236%Bybit4,348.7+0.237%Pacifica4,349.1+0.247%
Injective
Phemex
SunX
Orderly
dYdX
Variational Omni
Lighter
Extended
ApeX Omni
Hibachi
Hyperliquid
Bitget
Paradex
Reya
Aster
Binance
BingX
Bybit
PacificaKraken Futures4,349.3+0.251%
MEXC4,349.4+0.253%
Gate4,350+0.267%KuCoin4,350.3+0.275%Backpack4,350.4+0.275%Deribit4,351.9+0.311%Coinbase International4,352.2+0.318%HTX4,352.9+0.334%01 Exchange4,358.5+0.463%
Gate
KuCoin
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 | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.251% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| Phemex PAXGUSDT | −0.145% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| SunX PAXG-USDT | −0.127% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.065% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| dYdX PAXG-USD | −0.064% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Variational Omni PAXG | −0.057% | +0.0100% | 4h | $12.5M | $80K | — | as long as short |
| Lighter PAXG | −0.048% | +0.0096% | 1h | $1.4M | $696K | 25x | as long as short |
| Extended PAXG-USD | −0.043% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.043% | +0.0100% | 1h | $263K | $792K | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.037% | −0.0104% | 1h | $41K | $143K | 20x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid PAXG | −0.035% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Bitget PAXGUSDT | −0.033% | +0.0100% | 4h | $9.1M | $12.1M | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.027% | +0.0099% | 8h | $85K | $2.7M | 50x | as long as short |
| Reya PAXGRUSDPERP | −0.027% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Aster PAXGUSDT | −0.026% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Binance PAXGUSDT | −0.022% | +0.0100% | 4h | $79.5M | $65.9M | 75x | as long as short |
| BingX PAXG-USDT | −0.016% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Bybit PAXGUSDT | −0.014% | +0.0100% | 4h | $15.1M | $3.3M | 75x | as long as short |
| Pacifica PAXG | −0.004% | +0.0100% | 1h | $1.0M | $407K | 10x | as long as short |
| Kraken Futures PF_PAXGUSDlong | 0.000% | −0.0017% | 1h | $1.3M | $1.0M | 20x | |
| MEXC PAXG_USDTshort | +0.002% | +0.0100% | 4h | $16.0M | $1.3M | 100x | |
| Gate PAXG_USDT | +0.016% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.023% | +0.0100% | 4h | $26.7M | $4.9M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.024% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.060% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.066% | +0.0248% | 1h | $980K | $1.1M | 50x | as long as short |
| HTX PAXG-USDT | +0.082% | 0.0000% | 4h | $915K | $605K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.211% | +0.0768% | 1h | $15K | $7K | 10x | as long as short |