After costs, if the gap returns to its 7d average, $10k−$24
spread now−0.055%7d average−0.022%fees + slippage, in and out−$20spread needed0.204%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,340.3 | 0.0100 | pay 0.0013% / 1h | 39m 10s | $1.0M | $392K | 10x |
| Short | Hyperliquid PAXG | 4,337.9 | 0.0100 | get 0.0013% / 1h | 39m 10s | $20.3M | $1.7M | 10x |
Pacifica PAXG
Hyperliquid 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
- −$5.54
- Funding while held
- $0
- Slippage, 4 orders
- −$3.43
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.98
- Spread needed to break even
- 0.204%
Slippage from Pacifica: live order book, 6 min ago; Hyperliquid: live order book, 5 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 Pacifica live order book, 6 min ago | 0.12 bp | 4.4 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.12 bp | 6.0 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,334.6cheapestPhemex4,335+0.010%Lighter4,337.1+0.059%Bitget4,337.3+0.063%Extended4,337.7+0.073%
SunX
Phemex
Lighter
Bitget
ExtendedHyperliquid4,337.9+0.077%
Binance4,337.9+0.078%Paradex4,338.2+0.083%Injective4,338.4+0.088%Reya4,338.4+0.088%BingX4,338.9+0.099%ApeX Omni4,338.9+0.099%Bybit4,339.3+0.109%Hibachi4,339.4+0.111%Orderly4,339.4+0.111%Aster4,339.5+0.113%Variational Omni4,339.8+0.120%KuCoin4,339.9+0.122%Kraken Futures4,339.9+0.122%
Binance
Paradex
Injective
Reya
BingX
ApeX Omni
Bybit
Hibachi
Orderly
Aster
Variational Omni
KuCoin
Kraken FuturesPacifica4,340.3+0.132%
MEXC4,340.5+0.136%Gate4,340.5+0.137%Backpack4,340.6+0.140%Deribit4,342.4+0.180%HTX4,342.6+0.185%dYdX4,343.4+0.203%01 Exchange4,345.8+0.259%Coinbase International4,345.9+0.260%
MEXC
Gate
Backpack
Deribit
HTX
dYdX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.132% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.122% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.073% | +0.0088% | 1h | $1.4M | $705K | 25x | as long as short |
| Bitget PAXGUSDT | −0.069% | +0.0100% | 4h | $9.2M | $13.2M | 50x | as long as short |
| Extended PAXG-USD | −0.059% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Hyperliquid PAXGshort | −0.055% | +0.0100% | 1h | $20.3M | $1.7M | 10x | |
| Binance PAXGUSDT | −0.054% | +0.0100% | 4h | $79.4M | $67.8M | 75x | as long as short |
| Paradex PAXG-USD-PERP | −0.049% | +0.0100% | 8h | $84K | $3.8M | 50x | as long as short |
| Injective PAXG/USDC PERP | −0.044% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Reya PAXGRUSDPERP | −0.044% | +0.0189% | 1h | $21K | — | 100x | as long as short |