data as of
Settings8H · net · $10k
Price arb /

PAXG

all PAXG markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.032%7d average+0.165%fees + slippage, in and out−$17spread needed0.173%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PAXG-USD-PERP4,335.10.0099pay 0.0099% / 8h1h 35m$80K$2.6M50x
ShortMEXC PAXG_USDT4,336.50.0100get 0.0050% / 4h1h 35m$16.1M$1.2M100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$3.24
Funding while held
$0.02
Slippage, 4 orders
−$9.27
Fee Paradex: 2 bp × 2 orders
−$4
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$14.01
Spread needed to break even
0.173%
Slippage from Paradex: live order book, 5 min ago; MEXC: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0001%
Per $10,000 a day
+$0.02
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex live order book, 5 min ago2.28 bp4.3 bp −$4103.8 bp −$1,038doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.76 bp4.4 bp −$412.6 bp −$12644.6 bp −$4,45996.0 bp −$48.0K

PAXG price on every exchange

against the cheapest. Click to use as the short leg.

PAXG on 28 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX PAXG-USDT−0.100%0.0000%4h$2K$3.9M20xas long as short
Phemex PAXGUSDT−0.094%+0.0100%4h$1.5M$34K50xas long as short
Hibachi PAXG/USDT-P−0.054%−0.0024%1h$44K$139K20xas long as short
Extended PAXG-USD−0.043%+0.0104%1h$375K$1.2M25xas long as short
Kraken Futures PF_PAXGUSD−0.024%+0.0144%1h$1.3M$1.0M20xas long as short
Variational Omni PAXG−0.006%+0.0100%4h$12.4M$70Kas long as short
Orderly PERP_PAXG_USDC_mythos−0.006%+0.0100%4h$55610xas long as short
Hyperliquid PAXG−0.004%+0.0071%1h$20.2M$1.6M10xas long as short
Bitget PAXGUSDT−0.002%+0.0100%4h$9.1M$11.6M50xas long as short
Reya PAXGRUSDPERP−0.002%+0.0189%1h$20K100xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Paradex PAXG-USD-PERPlong0.000%+0.0099%8h$80K$2.6M50x
Lighter PAXG+0.006%+0.0056%1h$1.4M$695K25xas long as short
BingX PAXG-USDT+0.008%+0.0100%4h$6.7Mas long as short
Aster PAXGUSDT+0.012%+0.0100%4h$903K$71K50xas long as short
ApeX Omni PAXGUSDT+0.019%+0.0006%1h$262K$791K50xas long as short
dYdX PAXG-USD+0.023%0.0000%1h$101K$19K5xas long as short
Bybit PAXGUSDT+0.025%+0.0100%4h$15.0M$3.1M75xas long as short
Backpack PAXG_USDC_PERP+0.027%+0.0100%1h$1.1M$817K50xas long as short
Binance PAXGUSDT+0.030%+0.0100%4h$79.2M$62.1M75xas long as short
MEXC PAXG_USDTshort+0.032%+0.0100%4h$16.1M$1.2M100x
KuCoin PAXGUSDTM+0.035%+0.0100%4h$26.9M$4.7M30xas long as short
Gate PAXG_USDT+0.054%0.0000%8h$15.8M$4.2M100xas long as short
Pacifica PAXG+0.065%+0.0100%1h$1.0M$428K10xas long as short
Deribit PAXG_USDC-PERPETUAL+0.069%0.0000%1h$7.9M$831K50xas long as short
Coinbase International PAXG-PERP-INTX+0.092%+0.0240%1h$945K$1.0M50xas long as short
01 Exchange PAXGUSD+0.139%+0.0544%1h$15K$7K10xas long as short
HTX PAXG-USDT+0.155%0.0000%4h$913K$568K75xas long as short
Injective PAXG/USDC PERP+0.603%+0.0033%1h$1K$88K30xas long as short