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−$64
spread now+0.063%7d average+0.057%fees + slippage, in and out−$65spread needed0.649%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex PAXGUSDT4,3420.0100pay 0.0050% / 4h1m 38s$1.5M$36K50x
ShortAster PAXGUSDT4,344.80.0100get 0.0050% / 4h1m 38s$905K$71K50x

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
$6.33
Funding while held
$0
Slippage, 4 orders
−$44.87
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$58.54
Spread needed to break even
0.649%
Slippage from Phemex: live order book, 3 min ago; Aster: live order book, 48 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Phemex live order book, 3 min ago5.76 bp26.7 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 48 min ago0.24 bp4.3 bp −$47.0 bp −$70doesn't fitdoesn't fit

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
Injective PAXG/USDC PERP−0.083%−0.0038%1h$1K$116K30xas long as short
SunX PAXG-USDT−0.059%0.0000%4h$1K$4.2M20xas long as short
Phemex PAXGUSDTlong0.000%+0.0100%4h$1.5M$36K50x
Bitget PAXGUSDT+0.022%+0.0100%4h$9.1M$12.2M50xas long as short
Hyperliquid PAXG+0.025%+0.0100%1h$20.3M$1.7M10xas long as short
Lighter PAXG+0.026%+0.0096%1h$1.4M$700K25xas long as short
Extended PAXG-USD+0.029%+0.0104%1h$377K$1.2M25xas long as short
Binance PAXGUSDT+0.044%+0.0100%4h$79.3M$66.7M75xas long as short
Paradex PAXG-USD-PERP+0.049%+0.0100%8h$84K$3.0M50xas long as short
Orderly PERP_PAXG_USDC_mythos+0.051%+0.0100%4h$55710xas long as short
Show all 28 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya PAXGRUSDPERP+0.055%+0.0189%1h$21K100xas long as short
Variational Omni PAXG+0.059%+0.0100%4h$12.5M$85Kas long as short
ApeX Omni PAXGUSDT+0.059%+0.0100%1h$263K$790K50xas long as short
Aster PAXGUSDTshort+0.063%+0.0100%4h$905K$71K50x
BingX PAXG-USDT+0.068%+0.0100%4h$6.8Mas long as short
Kraken Futures PF_PAXGUSD+0.071%−0.0017%1h$1.3M$1.1M20xas long as short
Bybit PAXGUSDT+0.073%+0.0100%4h$15.0M$3.3M75xas long as short
Pacifica PAXG+0.078%+0.0100%1h$1.0M$406K10xas long as short
Backpack PAXG_USDC_PERP+0.080%+0.0100%1h$1.1M$1.1M50xas long as short
KuCoin PAXGUSDTM+0.087%+0.0100%4h$26.7M$5.0M30xas long as short
MEXC PAXG_USDT+0.087%+0.0100%4h$16.0M$1.3M100xas long as short
Gate PAXG_USDT+0.092%0.0000%8h$15.8M$4.5M100xas long as short
Hibachi PAXG/USDT-P+0.099%−0.0112%1h$41K$144K20xas long as short
dYdX PAXG-USD+0.103%0.0000%1h$101K$19K5xas long as short
Deribit PAXG_USDC-PERPETUAL+0.133%0.0000%1h$7.9M$832K50xas long as short
Coinbase International PAXG-PERP-INTX+0.164%+0.0248%1h$973K$1.1M50xas long as short
HTX PAXG-USDT+0.193%0.0000%4h$918K$617K75xas long as short
01 Exchange PAXGUSD+0.214%+0.0624%1h$15K$7K10xas long as short