Spread before costs (cost unknown: a leg has no order-book sample)+0.063%
7d average—if it closes, per $10,000$6funding while held, a day+$2.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PAXG | 4,341.4 | 0.0100 | pay 0.0050% / 4h | 51m 12s | $12.5M | $70K | — |
| Short | Reya PAXGRUSDPERP | 4,344.1 | 0.0189 | get 0.0024% / 1h | 51m 12s | $21K | — | 100x |
Variational Omni PAXG
Reya PAXGRUSDPERPPrice 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
- $6.31
- Funding while held
- $2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $2.99
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0089%
- Per $10,000 a day
- +$2.68
- 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 Variational Omni RFQ quote, 4 min ago | 2.82 bp | doesn't fit | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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.Injective4,338.4cheapestSunX4,340.8+0.056%ApeX Omni4,340.8+0.056%Phemex4,341+0.060%
Injective
SunX
ApeX Omni
PhemexVariational Omni4,341.4+0.069%
dYdX4,342.9+0.105%Extended4,343.5+0.118%Lighter4,343.7+0.123%
dYdX
Extended
LighterReya4,344.1+0.132%
Hibachi4,344.2+0.133%Orderly4,344.3+0.136%Bitget4,344.5+0.140%Hyperliquid4,344.7+0.145%Paradex4,344.7+0.145%Binance4,344.9+0.149%Aster4,345+0.153%BingX4,345.4+0.161%MEXC4,345.6+0.165%Kraken Futures4,345.8+0.170%Bybit4,345.8+0.170%Pacifica4,345.8+0.170%Backpack4,345.9+0.172%KuCoin4,346.4+0.184%Gate4,346.7+0.191%Deribit4,348.1+0.223%Coinbase International4,348.1+0.224%HTX4,348.8+0.239%01 Exchange4,355.4+0.392%
Hibachi
Orderly
Bitget
Hyperliquid
Paradex
Binance
Aster
BingX
MEXC
Kraken Futures
Bybit
Pacifica
Backpack
KuCoin
Gate
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 | −0.069% | −0.0038% | 1h | $1K | $116K | 30x | as long as short |
| SunX PAXG-USDT | −0.013% | 0.0000% | 4h | $2K | $4.1M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.013% | +0.0100% | 1h | $262K | $789K | 50x | as long as short |
| Phemex PAXGUSDT | −0.009% | +0.0100% | 4h | $1.5M | $35K | 50x | as long as short |
| Variational Omni PAXGlong | 0.000% | +0.0100% | 4h | $12.5M | $70K | — | |
| dYdX PAXG-USD | +0.036% | 0.0000% | 1h | $101K | $19K | 5x | as long as short |
| Extended PAXG-USD | +0.049% | +0.0104% | 1h | $375K | $1.2M | 25x | as long as short |
| Lighter PAXG | +0.054% | +0.0088% | 1h | $1.4M | $694K | 25x | as long as short |
| Reya PAXGRUSDPERPshort | +0.063% | +0.0189% | 1h | $21K | — | 100x | |
| Hibachi PAXG/USDT-P | +0.064% | −0.0152% | 1h | $41K | $144K | 20x | as long as short |