Spread before costs (cost unknown: a leg has no order-book sample)−0.147%
7d average—if it closes, per $10,000$15funding while held, a day−$12.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PAXGUSD | 4,343.2 | 0.0416 | pay 0.0052% / 1h | 21m 46s | $15K | $3K | 10x |
| Short | Gate PAXG_USDT | 4,336.8 | 0 | get 0.0000% / 8h | 6h 21m | $15.7M | $4.4M | 100x |
Price 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
- −$14.74
- Funding while held
- −$12.48
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.22
- Spread needed to break even
- 0.220%
Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0416%
- Per $10,000 a day
- −$12.48
- 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 Gate live order book, 3 min ago | 0.58 bp | 10.2 bp −$10 | 15.1 bp −$151 | 26.9 bp −$2,686 | 60.7 bp −$30.4K |
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.PAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX PAXG-USDT | −0.266% | 0.0000% | 4h | $2K | $4.2M | 20x | as long as short |
| Phemex PAXGUSDT | −0.258% | +0.0100% | 4h | $1.5M | $33K | 50x | as long as short |
| Bitget PAXGUSDT | −0.217% | +0.0100% | 4h | $9.2M | $13.2M | 50x | as long as short |
| ApeX Omni PAXGUSDT | −0.211% | +0.0100% | 1h | $262K | $789K | 50x | as long as short |
| Hyperliquid PAXG | −0.205% | +0.0100% | 1h | $20.3M | $1.8M | 10x | as long as short |
| Extended PAXG-USD | −0.201% | +0.0104% | 1h | $376K | $1.2M | 25x | as long as short |
| Lighter PAXG | −0.199% | +0.0088% | 1h | $1.4M | $705K | 25x | as long as short |
| Binance PAXGUSDT | −0.196% | +0.0100% | 4h | $79.4M | $67.8M | 75x | as long as short |
| BingX PAXG-USDT | −0.171% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Bybit PAXGUSDT | −0.170% | +0.0100% | 4h | $15.0M | $3.5M | 75x | as long as short |
Gate PAXG_USDT
SunX
Phemex
Bitget
ApeX Omni
Hyperliquid
Extended
Lighter
Binance
BingX
Bybit
Paradex
Aster
KuCoin
Kraken Futures
MEXC
Pacifica
Variational Omni
Backpack
Injective
Deribit
Coinbase International
HTX