After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.068%7d average+0.012%fees + slippage, in and out−$44spread needed0.436%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PAXG | 4,336.9 | 0.0024 | pay 0.0003% / 1h | 27m 28s | $1.4M | $699K | 25x |
| Short | dYdX PAXG-USD | 4,339.9 | 0 | get 0.0000% / 1h | 27m 28s | $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
- $6.83
- Funding while held
- −$0.72
- Slippage, 4 orders
- −$33.57
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$37.47
- Spread needed to break even
- 0.436%
Slippage from Lighter: live order book, 5 min ago; dYdX: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0024%
- Per $10,000 a day
- −$0.72
- 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 Lighter live order book, 5 min ago | 1.70 bp | 1.8 bp −$2 | 4.2 bp −$42 | 21.6 bp −$2,156 | doesn't fit |
| Sell dYdX live order book, 23 min ago | 15.01 bp | 20.0 bp −$20 | 108.1 bp −$1,081 | 163.9 bp −$16.4K | 596.1 bp −$298.0K |
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 | −0.045% | 0.0000% | 4h | $2K | $3.9M | 20x | as long as short |
| Extended PAXG-USD | −0.027% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Phemex PAXGUSDT | −0.021% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Paradex PAXG-USD-PERP | −0.013% | +0.0099% | 8h | $84K | $2.6M | 50x | as long as short |
| Reya PAXGRUSDPERP | −0.008% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Bitget PAXGUSDT | −0.007% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.001% | +0.0019% | 1h | $262K | $790K | 50x | as long as short |
| Hyperliquid PAXG | 0.000% | +0.0058% | 1h | $20.3M | $1.6M | 10x | as long as short |
| Lighter PAXGlong | 0.000% | +0.0024% | 1h | $1.4M | $699K | 25x | |
| Binance PAXGUSDT | +0.007% | +0.0100% | 4h | $79.1M | $62.8M | 75x | as long as short |
Lighter PAXG
SunX
Extended
Phemex
Paradex
Bitget
ApeX Omni
Hyperliquid
Binance
Variational Omni
BingX
Bybit
Kraken Futures
MEXC
KuCoin
Pacifica
Gate
Aster
Backpack
Deribit
Coinbase International
HTX
Injective