Spread before costs (cost unknown: a leg has no order-book sample)+0.033%
7d average—if it closes, per $10,000$3funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PAXGRUSDPERP | 4,346.7 | 0.0189 | pay 0.0024% / 1h | 54m 53s | $21K | — | 100x |
| Short | Coinbase International PAXG-PERP-INTX | 4,348.2 | 0.0256 | get 0.0032% / 1h | 54m 53s | $973K | $1.1M | 50x |
Reya PAXGRUSDPERP
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
- $3.32
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$10.69
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 1.02 bp | 6.0 bp −$6 | 11.4 bp −$114 | 172.2 bp −$17.2K | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestApeX Omni4,340.8+0.056%SunX4,342.3+0.090%Phemex4,344+0.129%Variational Omni4,345.2+0.157%Lighter4,345.9+0.172%Extended4,346.4+0.185%dYdX4,346.5+0.186%Hyperliquid4,346.5+0.187%Paradex4,346.7+0.191%
Injective
ApeX Omni
SunX
Phemex
Variational Omni
Lighter
Extended
dYdX
Hyperliquid
ParadexReya4,346.7+0.192%
Bitget4,346.8+0.192%Hibachi4,346.8+0.193%BingX4,346.8+0.193%Pacifica4,346.8+0.195%Binance4,346.9+0.197%Orderly4,347.2+0.203%Bybit4,347.5+0.209%Gate4,347.6+0.212%Aster4,347.8+0.216%
Bitget
Hibachi
BingX
Pacifica
Binance
Orderly
Bybit
Gate
AsterCoinbase International4,348.2+0.225%
Kraken Futures4,348.2+0.225%MEXC4,348.4+0.230%KuCoin4,348.4+0.230%Backpack4,349+0.243%Deribit4,350.8+0.285%HTX4,351.1+0.292%01 Exchange4,351.8+0.309%
Kraken Futures
MEXC
KuCoin
Backpack
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 | −0.191% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.135% | +0.0100% | 1h | $262K | $790K | 50x | as long as short |
| SunX PAXG-USDT | −0.102% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.063% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Variational Omni PAXG | −0.034% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Lighter PAXG | −0.020% | +0.0096% | 1h | $1.4M | $698K | 25x | as long as short |
| Extended PAXG-USD | −0.007% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| dYdX PAXG-USD | −0.005% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Hyperliquid PAXG | −0.005% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | 0.000% | +0.0100% | 8h | $86K | $3.0M | 50x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PAXGRUSDPERPlong | 0.000% | +0.0189% | 1h | $21K | — | 100x | |
| Bitget PAXGUSDT | +0.001% | +0.0100% | 4h | $9.1M | $12.2M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.001% | −0.0112% | 1h | $41K | $144K | 20x | as long as short |
| BingX PAXG-USDT | +0.001% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Pacifica PAXG | +0.003% | +0.0100% | 1h | $1.0M | $403K | 10x | as long as short |
| Binance PAXGUSDT | +0.005% | +0.0100% | 4h | $79.4M | $66.7M | 75x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.011% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| Bybit PAXGUSDT | +0.017% | +0.0100% | 4h | $15.1M | $3.4M | 75x | as long as short |
| Gate PAXG_USDT | +0.020% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| Aster PAXGUSDT | +0.024% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTXshort | +0.033% | +0.0256% | 1h | $973K | $1.1M | 50x | |
| Kraken Futures PF_PAXGUSD | +0.033% | +0.0051% | 1h | $1.3M | $1.1M | 20x | as long as short |
| MEXC PAXG_USDT | +0.038% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.038% | +0.0100% | 4h | $26.7M | $5.0M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.052% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.093% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| HTX PAXG-USDT | +0.100% | 0.0000% | 4h | $917K | $620K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.117% | +0.0424% | 1h | $15K | $6K | 10x | as long as short |