Spread before costs (cost unknown: a leg has no order-book sample)+0.038%
7d average+0.025%if it closes, per $10,000$4funding while held, a day−$3.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,344.1 | 0.0100 | pay 0.0050% / 4h | 50m 49s | $12.5M | $70K | — |
| Short | Kraken Futures PF_PAXGUSD | 4,345.8 | −0.0017 | pay 0.0002% / 1h | 50m 49s | $1.3M | $1.0M | 20x |
Variational Omni PAXG
Kraken Futures PF_PAXGUSDPrice 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
- $3.8
- Funding while held
- −$3.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$9.7
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0117%
- Per $10,000 a day
- −$3.50
- 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 Variational Omni RFQ quote, 5 min ago | 2.82 bp | doesn't fit | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 0.92 bp | 6.5 bp −$6 | 13.6 bp −$136 | 40.7 bp −$4,067 | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestSunX4,340.8+0.056%ApeX Omni4,340.8+0.056%Phemex4,341+0.060%dYdX4,342.9+0.105%Lighter4,343.7+0.123%Extended4,343.9+0.128%
Injective
SunX
ApeX Omni
Phemex
dYdX
Lighter
ExtendedVariational Omni4,344.1+0.132%
Reya4,344.1+0.132%Hibachi4,344.2+0.133%Orderly4,344.3+0.136%Bitget4,344.5+0.141%Paradex4,344.7+0.145%Hyperliquid4,344.9+0.150%Binance4,344.9+0.150%BingX4,345.4+0.160%Aster4,345.4+0.162%Bybit4,345.6+0.166%
Reya
Hibachi
Orderly
Bitget
Paradex
Hyperliquid
Binance
BingX
Aster
BybitKraken Futures4,345.8+0.170%
Pacifica4,345.8+0.170%KuCoin4,346.4+0.184%Backpack4,346.5+0.186%Gate4,346.5+0.187%MEXC4,346.5+0.188%Deribit4,348.1+0.223%Coinbase International4,348.1+0.224%HTX4,348.8+0.239%01 Exchange4,355.4+0.392%
Pacifica
KuCoin
Backpack
Gate
MEXC
Deribit
Coinbase International
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 | −0.131% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| SunX PAXG-USDT | −0.076% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.075% | +0.0100% | 1h | $262K | $789K | 50x | as long as short |
| Phemex PAXGUSDT | −0.072% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| dYdX PAXG-USD | −0.027% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Lighter PAXG | −0.009% | +0.0088% | 1h | $1.4M | $694K | 25x | as long as short |
| Extended PAXG-USD | −0.004% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Variational Omni PAXGlong | 0.000% | +0.0100% | 4h | $12.5M | $70K | — | |
| Reya PAXGRUSDPERP | 0.000% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Hibachi PAXG/USDT-P | +0.001% | −0.0152% | 1h | $41K | $144K | 20x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_PAXG_USDC_mythos | +0.004% | +0.0100% | 4h | $557 | — | 10x | as long as short |
| Bitget PAXGUSDT | +0.010% | +0.0100% | 4h | $9.1M | $12.0M | 50x | as long as short |
| Paradex PAXG-USD-PERP | +0.014% | +0.0099% | 8h | $81K | $2.7M | 50x | as long as short |
| Hyperliquid PAXG | +0.018% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Binance PAXGUSDT | +0.018% | +0.0100% | 4h | $79.4M | $64.7M | 75x | as long as short |
| BingX PAXG-USDT | +0.029% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Aster PAXGUSDT | +0.031% | +0.0100% | 4h | $905K | $71K | 50x | as long as short |
| Bybit PAXGUSDT | +0.034% | +0.0100% | 4h | $15.1M | $3.3M | 75x | as long as short |
| Kraken Futures PF_PAXGUSDshort | +0.038% | −0.0017% | 1h | $1.3M | $1.0M | 20x | |
| Pacifica PAXG | +0.038% | +0.0100% | 1h | $1.0M | $406K | 10x | as long as short |
| KuCoin PAXGUSDTM | +0.052% | +0.0100% | 4h | $26.9M | $4.9M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | +0.054% | +0.0100% | 1h | $1.1M | $834K | 50x | as long as short |
| Gate PAXG_USDT | +0.055% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| MEXC PAXG_USDT | +0.056% | +0.0100% | 4h | $16.1M | $1.3M | 100x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.091% | 0.0000% | 1h | $7.9M | $831K | 50x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.092% | +0.0248% | 1h | $981K | $1.1M | 50x | as long as short |
| HTX PAXG-USDT | +0.108% | 0.0000% | 4h | $915K | $603K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.260% | +0.0776% | 1h | $15K | $7K | 10x | as long as short |