Spread before costs (cost unknown: a leg has no order-book sample)+0.125%
7d average—if it closes, per $10,000$13funding while held, a day−$5.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PAXGRUSDPERP | 4,346 | 0.0189 | pay 0.0024% / 1h | 53m 58s | $21K | — | 100x |
| Short | HTX PAXG-USDT | 4,351.5 | 0 | get 0.0000% / 4h | 3h 53m | $917K | $620K | 75x |
Price 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
- $12.52
- Funding while held
- −$5.68
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$11.16
- Spread needed to break even
- 0.180%
Slippage unknown: Reya: no order-book sample; HTX: live order book, 56 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0189%
- Per $10,000 a day
- −$5.68
- 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 HTX live order book, 56 min ago | 0.01 bp | 13.3 bp −$13 | 15.0 bp −$150 | 24.7 bp −$2,473 | 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.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.176% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.120% | +0.0100% | 1h | $262K | $790K | 50x | as long as short |
| SunX PAXG-USDT | −0.109% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.047% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.021% | +0.0096% | 1h | $1.4M | $698K | 25x | as long as short |
| Variational Omni PAXG | −0.018% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Extended PAXG-USD | −0.008% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Binance PAXGUSDT | −0.001% | +0.0100% | 4h | $79.4M | $66.7M | 75x | as long as short |
| 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 |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PAXGUSDT | +0.008% | +0.0100% | 4h | $15.1M | $3.4M | 75x | as long as short |
| Hyperliquid PAXG | +0.009% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| dYdX PAXG-USD | +0.011% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| BingX PAXG-USDT | +0.014% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Paradex PAXG-USD-PERP | +0.014% | +0.0100% | 8h | $84K | $3.1M | 50x | as long as short |
| Pacifica PAXG | +0.018% | +0.0100% | 1h | $1.0M | $403K | 10x | as long as short |
| Aster PAXGUSDT | +0.022% | +0.0100% | 4h | $906K | $71K | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.027% | +0.0100% | 4h | $558 | — | 10x | as long as short |
| MEXC PAXG_USDT | +0.033% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Hibachi PAXG/USDT-P | +0.036% | −0.0112% | 1h | $41K | $144K | 20x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.037% | +0.0051% | 1h | $1.3M | $1.1M | 20x | as long as short |
| Gate PAXG_USDT | +0.038% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| KuCoin PAXGUSDTM | +0.042% | +0.0100% | 4h | $26.7M | $5.0M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.048% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.049% | +0.0256% | 1h | $973K | $1.1M | 50x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.089% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| HTX PAXG-USDTshort | +0.125% | 0.0000% | 4h | $917K | $620K | 75x | |
| 01 Exchange PAXGUSD | +0.130% | +0.0400% | 1h | $15K | $6K | 10x | as long as short |
HTX PAXG-USDT
Injective
ApeX Omni
SunX
Phemex
Lighter
Variational Omni
Extended
Binance
Bitget
Bybit
Hyperliquid
BingX
Paradex
Pacifica
Aster
MEXC
Kraken Futures
Gate
KuCoin
Backpack
Coinbase International
Deribit