After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.122%7d average+0.123%fees + slippage, in and out−$77spread needed0.766%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PAXG-USDT | 4,336.8 | 0 | get 0.0000% / 4h | 56m 48s | $2K | $4.0M | 20x |
| Short | Backpack PAXG_USDC_PERP | 4,342.1 | 0.0100 | get 0.0013% / 1h | 56m 48s | $1.1M | $833K | 50x |
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
- $12.15
- Funding while held
- $3
- Slippage, 4 orders
- −$56.63
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$61.48
- Spread needed to break even
- 0.766%
Slippage from SunX: live order book, 8 min ago; Backpack: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 SunX live order book, 8 min ago | 21.53 bp | 39.3 bp −$39 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.01 bp | 5.0 bp −$5 | 5.5 bp −$55 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PAXG | −0.039% | +0.0100% | 4h | $12.4M | $70K | — | as long as short |
| ApeX Omni PAXGUSDT | −0.034% | +0.0035% | 1h | $262K | $789K | 50x | as long as short |
| Phemex PAXGUSDT | −0.018% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| SunX PAXG-USDTlong | 0.000% | 0.0000% | 4h | $2K | $4.0M | 20x | |
| Injective PAXG/USDC PERP | +0.037% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| dYdX PAXG-USD | +0.041% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Paradex PAXG-USD-PERP | +0.044% | +0.0099% | 8h | $84K | $2.6M | 50x | as long as short |
| Hibachi PAXG/USDT-P | +0.044% | −0.0144% | 1h | $41K | $143K | 20x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.044% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Reya PAXGRUSDPERP | +0.049% | +0.0189% | 1h | $21K | — | 100x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter PAXG | +0.059% | +0.0072% | 1h | $1.4M | $693K | 25x | as long as short |
| Pacifica PAXG | +0.063% | +0.0100% | 1h | $1.0M | $406K | 10x | as long as short |
| Extended PAXG-USD | +0.069% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| BingX PAXG-USDT | +0.072% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Aster PAXGUSDT | +0.080% | +0.0100% | 4h | $904K | $71K | 50x | as long as short |
| Hyperliquid PAXG | +0.080% | +0.0100% | 1h | $20.3M | $1.6M | 10x | as long as short |
| Bitget PAXGUSDT | +0.096% | +0.0100% | 4h | $9.1M | $12.0M | 50x | as long as short |
| Binance PAXGUSDT | +0.101% | +0.0100% | 4h | $79.1M | $64.0M | 75x | as long as short |
| Bybit PAXGUSDT | +0.105% | +0.0100% | 4h | $15.1M | $3.2M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | +0.115% | −0.0017% | 1h | $1.3M | $1.0M | 20x | as long as short |
| KuCoin PAXGUSDTM | +0.119% | +0.0100% | 4h | $26.8M | $4.9M | 30x | as long as short |
| Backpack PAXG_USDC_PERPshort | +0.122% | +0.0100% | 1h | $1.1M | $833K | 50x | |
| Gate PAXG_USDT | +0.127% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| MEXC PAXG_USDT | +0.128% | +0.0100% | 4h | $16.1M | $1.3M | 100x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.142% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.148% | +0.0248% | 1h | $982K | $1.1M | 50x | as long as short |
| HTX PAXG-USDT | +0.166% | 0.0000% | 4h | $915K | $600K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.296% | +0.0768% | 1h | $15K | $7K | 10x | as long as short |
SunX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni
ApeX Omni
Phemex
Injective
Paradex
Lighter
Pacifica
Extended
BingX
Aster
Hyperliquid
Bitget
Binance
Bybit
Kraken Futures
KuCoin
Gate
MEXC
Deribit
Coinbase International
HTX