Spread before costs (cost unknown: a leg has no order-book sample)−0.226%
7d average—if it closes, per $10,000$23funding while held, a day−$11.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PAXGUSD | 4,354.1 | 0.0472 | pay 0.0059% / 1h | 17m 35s | $15K | $3K | 10x |
| Short | Bitget PAXGUSDT | 4,344.3 | 0.0100 | get 0.0050% / 4h | 3h 17m | $9.2M | $12.7M | 50x |
Bitget 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
- −$22.6
- Funding while held
- −$11.16
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.76
- Spread needed to break even
- 0.190%
Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0372%
- Per $10,000 a day
- −$11.16
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 0.01 bp | 6.4 bp −$6 | 9.1 bp −$91 | doesn't fit | doesn't fit |
01 Exchange: 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.Injective4,338.4cheapestSunX4,339.9+0.034%Phemex4,342+0.083%Lighter4,343.8+0.123%Extended4,344+0.129%ApeX Omni4,344.2+0.134%
Injective
SunX
Phemex
Lighter
Extended
ApeX OmniBitget4,344.3+0.135%
Binance4,344.5+0.139%Hyperliquid4,344.7+0.145%Paradex4,345+0.153%Reya4,345.3+0.158%BingX4,345.5+0.164%Bybit4,346+0.175%Pacifica4,346+0.175%Aster4,346+0.176%KuCoin4,346.3+0.181%MEXC4,346.4+0.185%Hibachi4,346.5+0.187%Gate4,346.6+0.189%Kraken Futures4,346.8+0.193%Orderly4,346.8+0.194%Variational Omni4,346.8+0.194%dYdX4,347.3+0.206%Backpack4,347.6+0.211%Deribit4,349.6+0.257%HTX4,349.9+0.265%Coinbase International4,351.9+0.312%
Binance
Hyperliquid
Paradex
Reya
BingX
Bybit
Pacifica
Aster
KuCoin
MEXC
Hibachi
Gate
Kraken Futures
Orderly
Variational Omni
dYdX
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 | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.361% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| SunX PAXG-USDT | −0.326% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.278% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Lighter PAXG | −0.238% | +0.0096% | 1h | $1.4M | $701K | 25x | as long as short |
| Extended PAXG-USD | −0.232% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| ApeX Omni PAXGUSDT | −0.227% | +0.0100% | 1h | $263K | $791K | 50x | as long as short |
| Bitget PAXGUSDTshort | −0.226% | +0.0100% | 4h | $9.2M | $12.7M | 50x | |
| Binance PAXGUSDT | −0.222% | +0.0100% | 4h | $79.6M | $67.7M | 75x | as long as short |
| Hyperliquid PAXG | −0.216% | +0.0100% | 1h | $20.4M | $1.7M | 10x | as long as short |
| Paradex PAXG-USD-PERP | −0.208% | +0.0100% | 8h | $84K | $3.4M | 50x | as long as short |