After costs, if the gap returns to its 7d average, $10k−$64
spread now+0.129%7d average+0.088%fees + slippage, in and out−$68spread needed0.679%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PAXGUSDT | 4,332 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $1.5M | $36K | 50x |
| Short | KuCoin PAXGUSDTM | 4,337.6 | 0.0100 | get 0.0050% / 4h | 2h 26m | $26.7M | $5.0M | 30x |
Phemex PAXGUSDT
KuCoin PAXGUSDTMPrice 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
- $12.86
- Funding while held
- $0
- Slippage, 4 orders
- −$43.88
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$55.02
- Spread needed to break even
- 0.679%
Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 3 min ago | 5.76 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 0.30 bp | 9.0 bp −$9 | 25.3 bp −$253 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Phemex4,332cheapest
SunX4,332.5+0.011%Lighter4,334.7+0.062%Bitget4,335.3+0.077%Extended4,335.4+0.078%Binance4,335.6+0.083%Hyperliquid4,336.3+0.099%Bybit4,336.6+0.106%Reya4,336.7+0.109%Orderly4,336.8+0.111%BingX4,336.9+0.113%Paradex4,337.2+0.120%Kraken Futures4,337.2+0.120%MEXC4,337.6+0.128%
SunX
Lighter
Bitget
Extended
Binance
Hyperliquid
Bybit
Reya
Orderly
BingX
Paradex
Kraken Futures
MEXCKuCoin4,337.6+0.129%
Hibachi4,337.7+0.131%Aster4,338.2+0.144%Pacifica4,338.4+0.147%Injective4,338.4+0.148%Gate4,338.6+0.152%ApeX Omni4,338.9+0.158%Backpack4,338.9+0.159%Variational Omni4,339.4+0.171%dYdX4,339.6+0.176%Deribit4,339.9+0.183%HTX4,340+0.185%01 Exchange4,343.6+0.268%Coinbase International4,344+0.276%
Hibachi
Aster
Pacifica
Injective
Gate
ApeX Omni
Backpack
Variational Omni
dYdX
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex PAXGUSDTlong | 0.000% | +0.0100% | 4h | $1.5M | $36K | 50x | |
| SunX PAXG-USDT | +0.011% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Lighter PAXG | +0.062% | +0.0080% | 1h | $1.4M | $705K | 25x | as long as short |
| Bitget PAXGUSDT | +0.077% | +0.0100% | 4h | $9.2M | $13.2M | 50x | as long as short |
| Extended PAXG-USD | +0.078% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | +0.083% | +0.0100% | 4h | $79.3M | $67.9M | 75x | as long as short |
| Hyperliquid PAXG | +0.099% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Bybit PAXGUSDT | +0.106% | +0.0100% | 4h | $15.0M | $3.5M | 75x | as long as short |
| Reya PAXGRUSDPERP | +0.109% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.111% | +0.0100% | 4h | $556 | — | 10x | as long as short |