After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.028%7d average+0.022%fees + slippage, in and out−$40spread needed0.402%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PAXG-USD-PERP | 4,349.8 | 0.0099 | pay 0.0099% / 8h | 25m 30s | $85K | $2.7M | 50x |
| Short | Hibachi PAXG/USDT-P | 4,348.6 | −0.0104 | pay 0.0013% / 1h | 25m 30s | $41K | $143K | 20x |
Paradex PAXG-USD-PERP
Hibachi PAXG/USDT-PPrice 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
- −$2.77
- Funding while held
- −$6.1
- Slippage, 4 orders
- −$27.16
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$49.04
- Spread needed to break even
- 0.402%
Slippage from Paradex: live order book, just now; Hibachi: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0203%
- Per $10,000 a day
- −$6.10
- 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, just now | 2.30 bp | 4.3 bp −$4 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell Hibachi live order book, 5 min ago | 0.18 bp | 16.0 bp −$16 | 51.9 bp −$519 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestPhemex4,344+0.129%SunX4,344.9+0.150%Variational Omni4,346.8+0.194%Orderly4,347+0.198%ApeX Omni4,347.4+0.208%
Injective
Phemex
SunX
Variational Omni
Orderly
ApeX OmniHibachi4,348.6+0.235%
Lighter4,348.9+0.241%Extended4,349.3+0.252%MEXC4,349.5+0.255%Bitget4,349.5+0.257%Aster4,349.6+0.258%
Lighter
Extended
MEXC
Bitget
AsterParadex4,349.8+0.263%
Reya4,349.9+0.265%Hyperliquid4,350+0.267%Binance4,350.3+0.273%BingX4,350.4+0.276%dYdX4,350.4+0.277%Kraken Futures4,350.4+0.277%Backpack4,350.7+0.283%Bybit4,350.8+0.286%Pacifica4,351.1+0.292%Gate4,351.6+0.304%KuCoin4,351.7+0.307%Coinbase International4,352.2+0.318%Deribit4,352.4+0.322%HTX4,352.9+0.334%01 Exchange4,359.1+0.477%
Reya
Hyperliquid
Binance
BingX
dYdX
Kraken Futures
Backpack
Bybit
Pacifica
Gate
KuCoin
Coinbase International
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 PERP | −0.262% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| Phemex PAXGUSDT | −0.133% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| SunX PAXG-USDT | −0.113% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Variational Omni PAXG | −0.068% | +0.0100% | 4h | $12.5M | $80K | — | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.064% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| ApeX Omni PAXGUSDT | −0.054% | +0.0100% | 1h | $263K | $791K | 50x | as long as short |
| Hibachi PAXG/USDT-Pshort | −0.028% | −0.0104% | 1h | $41K | $143K | 20x | |
| Lighter PAXG | −0.021% | +0.0096% | 1h | $1.4M | $696K | 25x | as long as short |
| Extended PAXG-USD | −0.010% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| MEXC PAXG_USDT | −0.008% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PAXGUSDT | −0.006% | +0.0100% | 4h | $9.1M | $12.1M | 50x | as long as short |
| Aster PAXGUSDT | −0.004% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Paradex PAXG-USD-PERPlong | 0.000% | +0.0099% | 8h | $85K | $2.7M | 50x | |
| Reya PAXGRUSDPERP | +0.003% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Hyperliquid PAXG | +0.005% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Binance PAXGUSDT | +0.011% | +0.0100% | 4h | $79.5M | $65.9M | 75x | as long as short |
| BingX PAXG-USDT | +0.013% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| dYdX PAXG-USD | +0.014% | 0.0000% | 1h | $102K | $19K | 5x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.014% | −0.0017% | 1h | $1.3M | $1.0M | 20x | as long as short |
| Backpack PAXG_USDC_PERP | +0.020% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Bybit PAXGUSDT | +0.023% | +0.0100% | 4h | $15.1M | $3.3M | 75x | as long as short |
| Pacifica PAXG | +0.029% | +0.0100% | 1h | $1.0M | $407K | 10x | as long as short |
| Gate PAXG_USDT | +0.042% | 0.0000% | 8h | $15.8M | $4.4M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.044% | +0.0100% | 4h | $26.7M | $4.9M | 30x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.055% | +0.0248% | 1h | $980K | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.059% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| HTX PAXG-USDT | +0.072% | 0.0000% | 4h | $915K | $605K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.214% | +0.0768% | 1h | $15K | $7K | 10x | as long as short |