Spread before costs (cost unknown: a leg has no order-book sample)+0.080%
7d average+0.001%if it closes, per $10,000$8funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PAXG | 4,335.2 | 0.0096 | pay 0.0012% / 1h | 14m 32s | $1.4M | $705K | 25x |
| Short | Variational Omni PAXG | 4,338.6 | 0.0100 | get 0.0050% / 4h | 2h 14m | $12.5M | $88K | — |
Lighter PAXG
Variational Omni PAXGPrice 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
- $8
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $8.12
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter: live order book, 3 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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, 3 min ago | 1.25 bp | 2.1 bp −$2 | 4.1 bp −$41 | 18.7 bp −$1,867 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.83 bp | doesn't fit | 8.3 bp −$83 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,331.6cheapestApeX Omni4,333.6+0.046%Phemex4,334+0.054%
SunX
ApeX Omni
PhemexLighter4,335.2+0.081%
dYdX4,335.9+0.098%Binance4,335.9+0.098%Bitget4,335.9+0.099%Extended4,336+0.100%Paradex4,336.2+0.105%Bybit4,336.5+0.112%Hyperliquid4,336.5+0.113%Orderly4,336.8+0.119%Reya4,336.8+0.119%BingX4,337.5+0.135%Hibachi4,337.6+0.137%Aster4,337.6+0.138%Gate4,338+0.147%Kraken Futures4,338.1+0.150%MEXC4,338.2+0.151%Pacifica4,338.2+0.151%KuCoin4,338.2+0.152%Injective4,338.4+0.156%
dYdX
Binance
Bitget
Extended
Paradex
Bybit
Hyperliquid
Orderly
Reya
BingX
Hibachi
Aster
Gate
Kraken Futures
MEXC
Pacifica
KuCoin
InjectiveVariational Omni4,338.6+0.161%
Backpack4,338.7+0.162%Deribit4,340.8+0.211%Coinbase International4,341.1+0.219%01 Exchange4,342.7+0.255%HTX4,343.3+0.268%
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 | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.081% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.035% | +0.0100% | 1h | $262K | $788K | 50x | as long as short |
| Phemex PAXGUSDT | −0.027% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Lighter PAXGlong | 0.000% | +0.0096% | 1h | $1.4M | $705K | 25x | |
| dYdX PAXG-USD | +0.017% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Binance PAXGUSDT | +0.017% | +0.0100% | 4h | $79.4M | $67.1M | 75x | as long as short |
| Bitget PAXGUSDT | +0.018% | +0.0100% | 4h | $9.2M | $13.1M | 50x | as long as short |
| Extended PAXG-USD | +0.019% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Paradex PAXG-USD-PERP | +0.024% | +0.0100% | 8h | $84K | $4.0M | 50x | as long as short |
| Bybit PAXGUSDT | +0.031% | +0.0100% | 4h | $14.9M | $3.5M | 75x | as long as short |