After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.098%7d average+0.110%fees + slippage, in and out−$22spread needed0.216%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,344.8 | 0.0100 | pay 0.0100% / 8h | 5h 02m | $86K | $3.9M | 50x |
| Short | Coinbase International PAXG-PERP-INTX | 4,349.1 | 0.0304 | get 0.0038% / 1h | 2m 09s | $970K | $1.1M | 50x |
Paradex PAXG-USD-PERP
Coinbase International PAXG-PERP-INTXPrice 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
- $9.8
- Funding while held
- $6.12
- Slippage, 4 orders
- −$7.62
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$5.7
- Spread needed to break even
- 0.216%
Slippage from Paradex: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0204%
- Per $10,000 a day
- +$6.12
- 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 Paradex live order book, 3 min ago | 2.29 bp | 4.3 bp −$4 | 98.8 bp −$988 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 1.37 bp | 6.7 bp −$7 | 10.9 bp −$109 | 155.9 bp −$15.6K | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,339.5+0.025%Phemex4,342+0.083%Lighter4,343.3+0.112%Bitget4,343.7+0.122%Extended4,344.1+0.131%Binance4,344.4+0.137%Orderly4,344.4+0.138%Hyperliquid4,344.7+0.145%
Injective
SunX
Phemex
Lighter
Bitget
Extended
Binance
Orderly
HyperliquidParadex4,344.8+0.147%
ApeX Omni4,344.9+0.150%Reya4,345+0.151%BingX4,345.4+0.161%Bybit4,345.4+0.161%Hibachi4,345.5+0.164%Aster4,345.5+0.165%MEXC4,345.7+0.167%Pacifica4,345.7+0.168%Backpack4,345.9+0.174%Variational Omni4,346.1+0.178%KuCoin4,346.1+0.178%Kraken Futures4,346.3+0.181%Gate4,346.8+0.194%dYdX4,346.9+0.196%Deribit4,348.5+0.233%HTX4,349+0.245%
ApeX Omni
Reya
BingX
Bybit
Hibachi
Aster
MEXC
Pacifica
Backpack
Variational Omni
KuCoin
Kraken Futures
Gate
dYdX
Deribit
HTXCoinbase International4,349.1+0.245%
01 Exchange4,350.6+0.281%PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.147% | +0.0033% | 1h | $1K | $65K | 30x | as long as short |
| SunX PAXG-USDT | −0.122% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| Phemex PAXGUSDT | −0.064% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Lighter PAXG | −0.035% | +0.0096% | 1h | $1.4M | $705K | 25x | as long as short |
| Bitget PAXGUSDT | −0.026% | +0.0100% | 4h | $9.2M | $13.4M | 50x | as long as short |
| Extended PAXG-USD | −0.017% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | −0.010% | +0.0100% | 4h | $79.9M | $68.2M | 75x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.009% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Hyperliquid PAXG | −0.002% | +0.0100% | 1h | $20.4M | $1.8M | 10x | as long as short |
| Paradex PAXG-USD-PERPlong | 0.000% | +0.0100% | 8h | $86K | $3.9M | 50x |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PAXGUSDT | +0.002% | +0.0100% | 1h | $263K | $788K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.004% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| BingX PAXG-USDT | +0.014% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Bybit PAXGUSDT | +0.014% | +0.0100% | 4h | $14.9M | $3.6M | 75x | as long as short |
| Hibachi PAXG/USDT-P | +0.017% | −0.0056% | 1h | $41K | $153K | 20x | as long as short |
| Aster PAXGUSDT | +0.017% | +0.0100% | 4h | $905K | $71K | 50x | as long as short |
| MEXC PAXG_USDT | +0.020% | +0.0100% | 4h | $15.9M | $1.3M | 100x | as long as short |
| Pacifica PAXG | +0.021% | +0.0100% | 1h | $1.0M | $388K | 10x | as long as short |
| Backpack PAXG_USDC_PERP | +0.026% | +0.0100% | 1h | $1.4M | $1.3M | 50x | as long as short |
| Variational Omni PAXG | +0.030% | +0.0100% | 4h | $12.5M | $88K | — | as long as short |
| KuCoin PAXGUSDTM | +0.031% | +0.0100% | 4h | $26.8M | $5.1M | 30x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.034% | +0.0106% | 1h | $1.3M | $1.3M | 20x | as long as short |
| Gate PAXG_USDT | +0.046% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| dYdX PAXG-USD | +0.049% | 0.0000% | 1h | $101K | $18K | 5x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.085% | 0.0000% | 1h | $7.9M | $833K | 50x | as long as short |
| HTX PAXG-USDT | +0.097% | 0.0000% | 4h | $910K | $651K | 75x | as long as short |
| Coinbase International PAXG-PERP-INTXshort | +0.098% | +0.0304% | 1h | $970K | $1.1M | 50x | |
| 01 Exchange PAXGUSD | +0.134% | +0.0392% | 1h | $15K | $4K | 10x | as long as short |