After costs, if the gap returns to its 7d average, $10k−$16
spread now−0.043%7d average−0.080%fees + slippage, in and out−$19spread needed0.193%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PAXG_USDT | 4,341 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $15.9M | $1.3M | 100x |
| Short | Binance PAXGUSDT | 4,339.1 | 0.0100 | get 0.0050% / 4h | 2h 55m | $79.3M | $67.6M | 75x |
MEXC PAXG_USDT
Binance PAXGUSDTPrice 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
- −$4.28
- Funding while held
- $0
- Slippage, 4 orders
- −$5.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.57
- Spread needed to break even
- 0.193%
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 MEXC live order book, 4 min ago | 0.63 bp | 3.1 bp −$3 | 20.5 bp −$205 | 69.0 bp −$6,899 | 124.1 bp −$62.1K |
| Sell Binance live order book, 3 min ago | 0.01 bp | 5.0 bp −$5 | 5.5 bp −$55 | 8.9 bp −$887 | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,335.5cheapestApeX Omni4,336.6+0.025%Lighter4,338+0.057%Hibachi4,338.3+0.063%Injective4,338.4+0.066%Extended4,338.5+0.067%Phemex4,339+0.080%Bitget4,339+0.080%Hyperliquid4,339+0.081%
SunX
ApeX Omni
Lighter
Hibachi
Injective
Extended
Phemex
Bitget
HyperliquidBinance4,339.1+0.082%
BingX4,339.5+0.091%Reya4,339.6+0.093%Orderly4,339.7+0.096%Paradex4,339.7+0.097%Bybit4,339.9+0.101%Pacifica4,340+0.102%Aster4,340+0.103%Variational Omni4,340.2+0.108%
BingX
Reya
Orderly
Paradex
Bybit
Pacifica
Aster
Variational OmniMEXC4,341+0.125%
KuCoin4,341.1+0.127%Kraken Futures4,341.3+0.133%Gate4,341.4+0.135%Backpack4,341.5+0.138%Deribit4,343.2+0.176%dYdX4,343.4+0.182%Coinbase International4,343.6+0.187%HTX4,343.6+0.187%01 Exchange4,345.6+0.232%
KuCoin
Kraken Futures
Gate
Backpack
Deribit
dYdX
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 | −0.125% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.100% | +0.0100% | 1h | $262K | $793K | 50x | as long as short |
| Lighter PAXG | −0.068% | +0.0072% | 1h | $1.4M | $705K | 25x | as long as short |
| Hibachi PAXG/USDT-P | −0.063% | −0.0296% | 1h | $41K | $146K | 20x | as long as short |
| Injective PAXG/USDC PERP | −0.059% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Extended PAXG-USD | −0.058% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Phemex PAXGUSDT | −0.045% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Bitget PAXGUSDT | −0.045% | +0.0100% | 4h | $9.2M | $13.0M | 50x | as long as short |
| Hyperliquid PAXG | −0.044% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Binance PAXGUSDTshort | −0.043% | +0.0100% | 4h | $79.3M | $67.6M | 75x |