After costs, if the gap returns to its 7d average, $10k−$15
spread now−0.034%7d average−0.021%fees + slippage, in and out−$13spread needed0.133%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PAXG | 4,337.9 | 0.0100 | pay 0.0013% / 1h | 17m 31s | $1.0M | $387K | 10x |
| Short | Lighter PAXG | 4,336.5 | 0.0088 | get 0.0011% / 1h | 17m 31s | $1.4M | $705K | 25x |
Pacifica PAXG
Lighter 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
- −$3.4
- Funding while held
- −$0.36
- Slippage, 4 orders
- −$5.33
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.09
- Spread needed to break even
- 0.133%
Slippage from Pacifica: live order book, 3 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.36
- 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, 3 min ago | 0.23 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.26 bp | 1.9 bp −$2 | 5.6 bp −$56 | 21.1 bp −$2,114 | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,332.4cheapestPhemex4,333+0.013%ApeX Omni4,333.6+0.028%Variational Omni4,335.8+0.078%dYdX4,335.9+0.079%
SunX
Phemex
ApeX Omni
Variational Omni
dYdXLighter4,336.5+0.093%
Hibachi4,336.7+0.098%Orderly4,336.8+0.101%Hyperliquid4,337.7+0.121%Extended4,337.8+0.123%Reya4,337.8+0.125%Bitget4,337.9+0.125%
Hibachi
Orderly
Hyperliquid
Extended
Reya
BitgetPacifica4,337.9+0.127%
Aster4,338+0.128%Paradex4,338.2+0.132%Bybit4,338.2+0.133%BingX4,338.3+0.135%Binance4,338.3+0.135%Injective4,338.4+0.138%Kraken Futures4,338.4+0.138%Gate4,338.8+0.147%MEXC4,338.9+0.148%KuCoin4,338.9+0.149%Backpack4,339.1+0.154%Deribit4,341.1+0.200%Coinbase International4,341.1+0.201%HTX4,341.2+0.203%01 Exchange4,343.9+0.265%
Aster
Paradex
Bybit
BingX
Binance
Injective
Kraken Futures
Gate
MEXC
KuCoin
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 | −0.127% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.114% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.099% | +0.0100% | 1h | $262K | $788K | 50x | as long as short |
| Variational Omni PAXG | −0.049% | +0.0100% | 4h | $12.4M | $75K | — | as long as short |
| dYdX PAXG-USD | −0.047% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Lighter PAXGshort | −0.034% | +0.0088% | 1h | $1.4M | $705K | 25x | |
| Hibachi PAXG/USDT-P | −0.028% | −0.0464% | 1h | $41K | $152K | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.026% | +0.0100% | 4h | $556 | — | 10x | as long as short |
| Hyperliquid PAXG | −0.005% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Extended PAXG-USD | −0.004% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERP | −0.002% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Bitget PAXGUSDT | −0.002% | +0.0100% | 4h | $9.2M | $13.1M | 50x | as long as short |
| Pacifica PAXGlong | 0.000% | +0.0100% | 1h | $1.0M | $387K | 10x | |
| Aster PAXGUSDT | +0.001% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.006% | +0.0100% | 8h | $84K | $4.0M | 50x | as long as short |
| Bybit PAXGUSDT | +0.007% | +0.0100% | 4h | $14.9M | $3.6M | 75x | as long as short |
| BingX PAXG-USDT | +0.008% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Binance PAXGUSDT | +0.008% | +0.0100% | 4h | $79.4M | $67.2M | 75x | as long as short |
| Injective PAXG/USDC PERP | +0.011% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.011% | +0.0069% | 1h | $1.3M | $1.4M | 20x | as long as short |
| Gate PAXG_USDT | +0.020% | 0.0000% | 8h | $15.7M | $4.4M | 100x | as long as short |
| MEXC PAXG_USDT | +0.021% | +0.0100% | 4h | $15.9M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.022% | +0.0100% | 4h | $26.8M | $5.0M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.028% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.073% | 0.0000% | 1h | $7.9M | $833K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.074% | +0.0296% | 1h | $969K | $1.1M | 50x | as long as short |
| HTX PAXG-USDT | +0.076% | 0.0000% | 4h | $909K | $650K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.137% | +0.0424% | 1h | $15K | $3K | 10x | as long as short |