Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$3funding while held, a day−$5.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PAXG_USDC_mythos | 4,337.2 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $557 | — | 10x |
| Short | Hibachi PAXG/USDT-P | 4,338.7 | −0.0096 | pay 0.0012% / 1h | 24m 39s | $42K | $141K | 20x |
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
- $3.49
- Funding while held
- −$5.88
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$17.39
- Spread needed to break even
- 0.150%
Slippage unknown: Orderly: no order-book sample; Hibachi: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0196%
- Per $10,000 a day
- −$5.88
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hibachi live order book, 11 min ago | 0.01 bp | 13.9 bp −$14 | 49.3 bp −$493 | doesn't fit | doesn't fit |
Orderly: 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.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.124% | 0.0000% | 4h | $2K | $4.0M | 20x | as long as short |
| Extended PAXG-USD | −0.095% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Lighter PAXG | −0.082% | +0.0024% | 1h | $1.4M | $699K | 25x | as long as short |
| Paradex PAXG-USD-PERP | −0.077% | +0.0098% | 8h | $84K | $2.6M | 50x | as long as short |
| Phemex PAXGUSDT | −0.074% | +0.0100% | 4h | $1.5M | $34K | 50x | as long as short |
| Bitget PAXGUSDT | −0.073% | +0.0100% | 4h | $9.1M | $11.6M | 50x | as long as short |
| Hyperliquid PAXG | −0.067% | +0.0055% | 1h | $20.2M | $1.6M | 10x | as long as short |
| Binance PAXGUSDT | −0.065% | +0.0100% | 4h | $78.9M | $62.8M | 75x | as long as short |
| dYdX PAXG-USD | −0.023% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| ApeX Omni PAXGUSDT | −0.023% | +0.0017% | 1h | $262K | $790K | 50x | as long as short |
SunX
Extended
Lighter
Paradex
Phemex
Bitget
Hyperliquid
Binance
ApeX Omni
BingX
Kraken Futures
KuCoin
Variational Omni
Bybit
Pacifica
Backpack
Aster
Gate
MEXC
Deribit
Coinbase International
HTX
Injective