Spread before costs (cost unknown: a leg has no order-book sample)−0.217%
7d average+0.087%if it closes, per $10,000$22funding while held, a day−$4.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,347.9 | 0.0100 | pay 0.0013% / 1h | 48m 45s | $1.0M | $407K | 10x |
| Short | Injective PAXG/USDC PERP | 4,338.4 | −0.0038 | pay 0.0005% / 1h | 48m 45s | $1K | $116K | 30x |
Pacifica PAXG
Injective PAXG/USDC PERPPrice 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
- −$21.74
- Funding while held
- −$4.13
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$33.89
- Spread needed to break even
- 0.080%
Slippage unknown: Pacifica: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0138%
- Per $10,000 a day
- −$4.13
- 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, 7 min ago | 0.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Injective4,338.4cheapest
SunX4,342.9+0.105%Phemex4,343+0.106%ApeX Omni4,343.1+0.109%Variational Omni4,344.1+0.132%Extended4,344.6+0.144%Lighter4,345+0.152%Bitget4,345.1+0.155%Hibachi4,345.4+0.161%Binance4,345.6+0.165%Hyperliquid4,345.6+0.166%dYdX4,346.5+0.187%BingX4,346.6+0.189%Orderly4,346.7+0.191%Paradex4,346.9+0.195%Reya4,346.9+0.197%Bybit4,347+0.197%Aster4,347.1+0.200%MEXC4,347.3+0.204%Kraken Futures4,347.8+0.217%
SunX
Phemex
ApeX Omni
Variational Omni
Extended
Lighter
Bitget
Hibachi
Binance
Hyperliquid
dYdX
BingX
Orderly
Paradex
Reya
Bybit
Aster
MEXC
Kraken FuturesPacifica4,347.9+0.218%
KuCoin4,348+0.222%Coinbase International4,348.1+0.224%Gate4,348.4+0.230%Backpack4,349.1+0.246%Deribit4,350+0.268%HTX4,350.1+0.270%01 Exchange4,357.3+0.436%
KuCoin
Coinbase International
Gate
Backpack
Deribit
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERPshort | −0.217% | −0.0038% | 1h | $1K | $116K | 30x | |
| SunX PAXG-USDT | −0.113% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | −0.112% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.109% | +0.0100% | 1h | $263K | $789K | 50x | as long as short |
| Variational Omni PAXG | −0.086% | +0.0100% | 4h | $12.5M | $70K | — | as long as short |
| Extended PAXG-USD | −0.074% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Lighter PAXG | −0.066% | +0.0096% | 1h | $1.4M | $694K | 25x | as long as short |
| Bitget PAXGUSDT | −0.063% | +0.0100% | 4h | $9.1M | $12.1M | 50x | as long as short |
| Hibachi PAXG/USDT-P | −0.057% | −0.0152% | 1h | $41K | $144K | 20x | as long as short |
| Binance PAXGUSDT | −0.053% | +0.0100% | 4h | $79.4M | $64.9M | 75x | as long as short |