After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.059%7d average−0.039%fees + slippage, in and out−$56spread needed0.559%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,337 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $26.8M | $5.1M | 30x |
| Short | dYdX PAXG-USD | 4,339.6 | 0 | get 0.0000% / 1h | 25m 15s | $101K | $19K | 5x |
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
- $5.93
- Funding while held
- −$3
- Slippage, 4 orders
- −$33.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$53.02
- Spread needed to break even
- 0.559%
Slippage from KuCoin: live order book, 10 min ago; dYdX: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 KuCoin live order book, 10 min ago | 0.30 bp | 7.0 bp −$7 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 10 min ago | 14.99 bp | 20.0 bp −$20 | 110.0 bp −$1,100 | 160.9 bp −$16.1K | 615.5 bp −$307.8K |
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 | −0.149% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.116% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Extended PAXG-USD | −0.050% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Lighter PAXG | −0.043% | +0.0080% | 1h | $1.4M | $705K | 25x | as long as short |
| Hyperliquid PAXG | −0.042% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Binance PAXGUSDT | −0.039% | +0.0100% | 4h | $79.3M | $67.8M | 75x | as long as short |
| Bitget PAXGUSDT | −0.038% | +0.0100% | 4h | $9.2M | $13.2M | 50x | as long as short |
| Reya PAXGRUSDPERP | −0.031% | +0.0189% | 1h | $20K | — | 100x | as long as short |
| Paradex PAXG-USD-PERP | −0.024% | +0.0100% | 8h | $84K | $3.9M | 50x | as long as short |
| Bybit PAXGUSDT | −0.022% | +0.0100% | 4h | $15.0M | $3.5M | 75x | as long as short |
KuCoin PAXGUSDTM
SunX
Phemex
Extended
Lighter
Hyperliquid
Binance
Bitget
Paradex
Bybit
BingX
MEXC
Variational Omni
Gate
Pacifica
Aster
Kraken Futures
Backpack
Injective
ApeX Omni
HTX
Deribit
Coinbase International