Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d average—if it closes, per $10,000$3funding while held, a day+$2.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PAXGUSDTM | 4,346.6 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $26.8M | $5.1M | 30x |
| Short | Reya PAXGRUSDPERP | 4,345.4 | 0.0189 | get 0.0024% / 1h | 6m 06s | $21K | — | 100x |
KuCoin PAXGUSDTM
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
- −$2.68
- Funding while held
- $2.68
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$18
- Spread needed to break even
- 0.180%
Slippage unknown: KuCoin: live order book, 9 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0089%
- Per $10,000 a day
- +$2.68
- 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 KuCoin live order book, 9 min ago | 0.50 bp | 7.8 bp −$8 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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.Injective4,338.4cheapestSunX4,340.1+0.039%Phemex4,342+0.083%ApeX Omni4,343.2+0.111%Lighter4,343.9+0.126%Bitget4,344.2+0.133%Orderly4,344.6+0.143%Extended4,344.6+0.144%Binance4,345.1+0.154%Hyperliquid4,345.1+0.154%Paradex4,345.1+0.154%BingX4,345.3+0.160%
Injective
SunX
Phemex
ApeX Omni
Lighter
Bitget
Orderly
Extended
Binance
Hyperliquid
Paradex
BingXReya4,345.4+0.162%
Variational Omni4,345.5+0.164%Hibachi4,345.8+0.170%Bybit4,345.9+0.173%Aster4,346+0.175%Pacifica4,346.1+0.177%MEXC4,346.1+0.177%Backpack4,346.5+0.186%
Variational Omni
Hibachi
Bybit
Aster
Pacifica
MEXC
BackpackKuCoin4,346.6+0.189%
Kraken Futures4,346.6+0.189%Gate4,346.8+0.194%dYdX4,346.9+0.196%Deribit4,349.2+0.248%HTX4,350+0.268%01 Exchange4,351+0.290%Coinbase International4,352.4+0.322%
Kraken Futures
Gate
dYdX
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.188% | +0.0033% | 1h | $1K | $65K | 30x | as long as short |
| SunX PAXG-USDT | −0.150% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | −0.106% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.077% | +0.0100% | 1h | $263K | $787K | 50x | as long as short |
| Lighter PAXG | −0.063% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| Bitget PAXGUSDT | −0.056% | +0.0100% | 4h | $9.2M | $13.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.046% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Extended PAXG-USD | −0.045% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | −0.035% | +0.0100% | 4h | $79.9M | $68.2M | 75x | as long as short |
| Hyperliquid PAXG | −0.034% | +0.0100% | 1h | $20.4M | $1.8M | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex PAXG-USD-PERP | −0.034% | +0.0100% | 8h | $86K | $3.8M | 50x | as long as short |
| BingX PAXG-USDT | −0.029% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Reya PAXGRUSDPERPshort | −0.027% | +0.0189% | 1h | $21K | — | 100x | |
| Variational Omni PAXG | −0.025% | +0.0100% | 4h | $12.5M | $88K | — | as long as short |
| Hibachi PAXG/USDT-P | −0.019% | −0.0064% | 1h | $41K | $153K | 20x | as long as short |
| Bybit PAXGUSDT | −0.016% | +0.0100% | 4h | $14.9M | $3.6M | 75x | as long as short |
| Aster PAXGUSDT | −0.014% | +0.0100% | 4h | $905K | $71K | 50x | as long as short |
| Pacifica PAXG | −0.012% | +0.0100% | 1h | $1.0M | $388K | 10x | as long as short |
| MEXC PAXG_USDT | −0.011% | +0.0100% | 4h | $15.9M | $1.3M | 100x | as long as short |
| Backpack PAXG_USDC_PERP | −0.003% | +0.0100% | 1h | $1.4M | $1.3M | 50x | as long as short |
| KuCoin PAXGUSDTMlong | 0.000% | +0.0100% | 4h | $26.8M | $5.1M | 30x | |
| Kraken Futures PF_PAXGUSD | 0.000% | +0.0106% | 1h | $1.3M | $1.3M | 20x | as long as short |
| Gate PAXG_USDT | +0.005% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| dYdX PAXG-USD | +0.007% | 0.0000% | 1h | $101K | $18K | 5x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.059% | 0.0000% | 1h | $7.9M | $833K | 50x | as long as short |
| HTX PAXG-USDT | +0.079% | 0.0000% | 4h | $910K | $651K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.101% | +0.0392% | 1h | $15K | $4K | 10x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.133% | +0.0304% | 1h | $971K | $1.1M | 50x | as long as short |