After costs, if the gap returns to its 7d average, $10k−$79
spread now+0.086%7d average+0.111%fees + slippage, in and out−$76spread needed0.764%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PAXG-USDT | 4,334.9 | 0 | get 0.0000% / 4h | 2h 35m | $2K | $4.2M | 20x |
| Short | Hyperliquid PAXG | 4,338.6 | 0.0100 | get 0.0013% / 1h | 35m 38s | $20.3M | $1.7M | 10x |
SunX PAXG-USDT
Hyperliquid PAXGPrice 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
- $8.6
- Funding while held
- $3
- Slippage, 4 orders
- −$57.45
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$64.84
- Spread needed to break even
- 0.764%
Slippage from SunX: live order book, 9 min ago; Hyperliquid: live order book, 9 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, 9 min ago | 21.54 bp | 39.3 bp −$39 | 68.5 bp −$685 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.12 bp | 6.0 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,334.9cheapest
Phemex4,335+0.003%ApeX Omni4,336.4+0.036%Lighter4,337.6+0.063%Hibachi4,338.1+0.075%Injective4,338.4+0.081%Extended4,338.5+0.085%Bitget4,338.6+0.085%
Phemex
ApeX Omni
Lighter
Hibachi
Injective
Extended
BitgetHyperliquid4,338.6+0.086%
Reya4,338.7+0.089%Bybit4,338.8+0.091%Paradex4,339+0.095%Binance4,339+0.096%Orderly4,339.4+0.105%BingX4,339.5+0.106%dYdX4,339.6+0.109%Variational Omni4,339.8+0.113%Aster4,340+0.118%Pacifica4,340.3+0.125%Kraken Futures4,340.6+0.132%KuCoin4,340.7+0.134%MEXC4,340.7+0.134%Gate4,341+0.141%Backpack4,341+0.142%Deribit4,342.8+0.183%HTX4,342.9+0.186%Coinbase International4,344+0.210%01 Exchange4,346.3+0.264%
Reya
Bybit
Paradex
Binance
Orderly
BingX
dYdX
Variational Omni
Aster
Pacifica
Kraken Futures
KuCoin
MEXC
Gate
Backpack
Deribit
HTX
Coinbase InternationalPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDTlong | 0.000% | 0.0000% | 4h | $2K | $4.2M | 20x | |
| Phemex PAXGUSDT | +0.003% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| ApeX Omni PAXGUSDT | +0.036% | +0.0100% | 1h | $262K | $791K | 50x | as long as short |
| Lighter PAXG | +0.063% | +0.0080% | 1h | $1.4M | $705K | 25x | as long as short |
| Hibachi PAXG/USDT-P | +0.075% | −0.0424% | 1h | $41K | $150K | 20x | as long as short |
| Injective PAXG/USDC PERP | +0.081% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Extended PAXG-USD | +0.085% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Bitget PAXGUSDT | +0.085% | +0.0100% | 4h | $9.2M | $13.2M | 50x | as long as short |
| Hyperliquid PAXGshort | +0.086% | +0.0100% | 1h | $20.3M | $1.7M | 10x | |
| Reya PAXGRUSDPERP | +0.089% | +0.0189% | 1h | $21K | — | 100x | as long as short |