Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average−0.047%if it closes, per $10,000$6funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,344.6 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $12.5M | $85K | — |
| Short | Phemex PAXGUSDT | 4,342 | 0.0100 | get 0.0050% / 4h | 3h 59m | $1.5M | $36K | 50x |
Variational Omni PAXG
Phemex PAXGUSDTPrice 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
- −$5.92
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$17.92
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Phemex: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Variational Omni RFQ quote, 2 min ago | 2.83 bp | doesn't fit | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.76 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
PAXG price on every exchange
against the cheapest. Click to use as the short leg.SunX4,337.7cheapestInjective4,338.4+0.016%Bitget4,341.1+0.077%Lighter4,341.1+0.078%Extended4,341.1+0.079%Hyperliquid4,341.3+0.083%Binance4,341.8+0.095%
SunX
Injective
Bitget
Lighter
Extended
Hyperliquid
BinancePhemex4,342+0.099%
Reya4,342.3+0.106%Orderly4,342.5+0.111%Bybit4,343.1+0.124%Kraken Futures4,343.2+0.126%BingX4,343.4+0.132%ApeX Omni4,343.5+0.133%KuCoin4,343.6+0.135%Backpack4,344+0.145%Aster4,344+0.146%Gate4,344.2+0.150%Paradex4,344.5+0.156%
Reya
Orderly
Bybit
Kraken Futures
BingX
ApeX Omni
KuCoin
Backpack
Aster
Gate
ParadexVariational Omni4,344.6+0.158%
MEXC4,344.8+0.164%Hibachi4,344.9+0.166%Pacifica4,345.3+0.175%Deribit4,345.6+0.182%dYdX4,346.5+0.203%Coinbase International4,348.2+0.241%HTX4,348.8+0.255%01 Exchange4,349.9+0.281%
MEXC
Hibachi
Pacifica
Deribit
dYdX
Coinbase International
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.158% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Injective PAXG/USDC PERP | −0.142% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| Bitget PAXGUSDT | −0.081% | +0.0100% | 4h | $9.1M | $12.2M | 50x | as long as short |
| Lighter PAXG | −0.080% | +0.0096% | 1h | $1.4M | $698K | 25x | as long as short |
| Extended PAXG-USD | −0.079% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Hyperliquid PAXG | −0.075% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |
| Binance PAXGUSDT | −0.063% | +0.0100% | 4h | $79.3M | $66.8M | 75x | as long as short |
| Phemex PAXGUSDTshort | −0.059% | +0.0100% | 4h | $1.5M | $36K | 50x | |
| Reya PAXGRUSDPERP | −0.053% | +0.0189% | 1h | $21K | — | 100x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | −0.048% | +0.0100% | 4h | $557 | — | 10x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PAXGUSDT | −0.034% | +0.0100% | 4h | $15.0M | $3.3M | 75x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.032% | +0.0051% | 1h | $1.3M | $1.1M | 20x | as long as short |
| BingX PAXG-USDT | −0.026% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| ApeX Omni PAXGUSDT | −0.025% | +0.0100% | 1h | $263K | $790K | 50x | as long as short |
| KuCoin PAXGUSDTM | −0.024% | +0.0100% | 4h | $26.7M | $4.9M | 30x | as long as short |
| Backpack PAXG_USDC_PERP | −0.013% | +0.0100% | 1h | $1.1M | $1.1M | 50x | as long as short |
| Aster PAXGUSDT | −0.012% | +0.0100% | 4h | $905K | $71K | 50x | as long as short |
| Gate PAXG_USDT | −0.009% | 0.0000% | 8h | $15.8M | $4.3M | 100x | as long as short |
| Paradex PAXG-USD-PERP | −0.002% | +0.0100% | 8h | $84K | $3.0M | 50x | as long as short |
| Variational Omni PAXGlong | 0.000% | +0.0100% | 4h | $12.5M | $85K | — | |
| MEXC PAXG_USDT | +0.006% | +0.0100% | 4h | $16.0M | $1.3M | 100x | as long as short |
| Hibachi PAXG/USDT-P | +0.008% | −0.0112% | 1h | $41K | $144K | 20x | as long as short |
| Pacifica PAXG | +0.017% | +0.0100% | 1h | $1.0M | $403K | 10x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | +0.024% | 0.0000% | 1h | $7.9M | $832K | 50x | as long as short |
| dYdX PAXG-USD | +0.044% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.083% | +0.0256% | 1h | $973K | $1.1M | 50x | as long as short |
| HTX PAXG-USDT | +0.096% | 0.0000% | 4h | $917K | $617K | 75x | as long as short |
| 01 Exchange PAXGUSD | +0.123% | +0.0456% | 1h | $15K | $6K | 10x | as long as short |