# PAXG Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 08:33 UTC, ArbTide tracks PAXG spot and perpetual prices across exchanges. On spot markets, the best route has a 0.06% gross spread, which fees turn into a -0.54% net loss. On perpetual markets, the best route has a 0.37% gross spread, which fees turn into a -0.07% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Crypto.com | [PAXG/USD](https://crypto.com/exchange/trade/PAXG_USD) | 4,145.25 | 4,145.26 | 0.000% | $1.3M | 0.500% |
| Kraken | [PAXG/USD](https://pro.kraken.com/app/trade/paxg-usd) | 4,144.67 | 4,145.35 | 0.016% | $2.1M | 0.260% |
| Bitget | [PAXG/USDT](https://www.bitget.com/spot/PAXGUSDT) | 4,145.47 | 4,145.48 | 0.000% | $926K | 0.100% |
| BingX | [PAXG/USDT](https://bingx.com/en/spot/PAXGUSDT) | 4,145 | 4,145.63 | 0.015% | $719.5K | 0.100% |
| KuCoin | [PAXG/USDT](https://www.kucoin.com/trade/PAXG-USDT) | 4,145.75 | 4,145.76 | 0.000% | $1.9M | 0.100% |
| OKX | [PAXG/USDT](https://www.okx.com/trade-spot/paxg-usdt) | 4,145.6 | 4,145.8 | 0.005% | $1.3M | 0.150% |
| Bitstamp | [PAXG/USD](https://www.bitstamp.net/markets/paxg/usd/) | 4,144.54 | 4,145.91 | 0.033% | $74.7K | 0.400% |
| LBank | [PAXG/USDT](https://www.lbank.com/trade/paxg_usdt) | 4,145.98 | 4,145.99 | 0.000% | $24M | 0.100% |
| Binance | [PAXG/USDT](https://www.binance.com/en/trade/PAXG_USDT?type=spot) | 4,145.99 | 4,146 | 0.000% | $22.1M | 0.100% |
| XT.COM | [PAXG/USDT](https://www.xt.com/en/trade/paxg_usdt) | 4,145.99 | 4,146 | 0.000% | $8.5M | 0.200% |
| Toobit | [PAXG/USDT](https://www.toobit.com/en-US/spot/PAXG_USDT) | 4,145.99 | 4,146 | 0.000% | $10M | 0.100% |
| Gate | [PAXG/USDT](https://www.gate.com/trade/PAXG_USDT) | 4,146.26 | 4,146.27 | 0.000% | $1.8M | 0.200% |
| BigONE | [PAXG/USDT](https://big.one/en/trade/PAXG-USDT) | 4,145.16 | 4,146.82 | 0.040% | $201.4K | 0.100% |
| WhiteBIT | PAXG/USDT | 4,143.95 | 4,146.85 | 0.070% | $4.7M | 0.100% |
| DigiFinex | [PAXG/USDT](https://www.digifinex.com/en-ww/trade/USDT/PAXG) | 4,144.995 | 4,146.995 | 0.048% | $674.9K | 0.200% |
| BtcTurk | [PAXG/USDT](https://kripto.btcturk.com/pro/al-sat/PAXG_USDT) | 4,145.6 | 4,147.3 | 0.041% | $259K | 0.090% |
| HitBTC | PAXG/USDT | 4,144.74 | 4,147.31 | 0.062% | — | 0.250% |
| Revolut X | [PAXG/USD](https://exchange.revolut.com/trade/PAXG-USD) | 4,143.11 | 4,147.41 | 0.104% | $3.1K | 0.090% |
| CEX.IO | [PAXG/USDT](https://trade.cex.io/spot/PAXG-USDT) | 4,144.7 | 4,147.6 | 0.070% | $4.2K | 0.100% |
| Backpack | [PAXG/USDC](https://backpack.exchange/trade/PAXG_USDC) | 4,147.7 | 4,147.8 | 0.002% | $124.3K | 0.100% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Backpack | Gate | Binance | XT.COM | Toobit | LBank | KuCoin | OKX | BtcTurk | Bitget | Crypto.com | BigONE | BingX | DigiFinex | HitBTC | CEX.IO | Kraken | Bitstamp | WhiteBIT | Revolut X |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Crypto.com | -0.54% | -0.68% | -0.58% | -0.68% | -0.58% | -0.58% | -0.59% | -0.64% | -0.58% | -0.59% | — | -0.60% | -0.61% | -0.71% | -0.76% | -0.61% | -0.77% | -0.92% | -0.63% | -0.64% |
| Kraken | -0.30% | -0.44% | -0.34% | -0.44% | -0.34% | -0.34% | -0.35% | -0.40% | -0.34% | -0.36% | -0.76% | -0.36% | -0.37% | -0.47% | -0.52% | -0.38% | — | -0.68% | -0.39% | -0.40% |
| Bitget | -0.15% | -0.28% | -0.19% | -0.29% | -0.19% | -0.19% | -0.19% | -0.25% | -0.19% | — | -0.61% | -0.21% | -0.21% | -0.31% | -0.37% | -0.22% | -0.38% | -0.52% | -0.24% | -0.25% |
| BingX | -0.15% | -0.28% | -0.19% | -0.29% | -0.19% | -0.19% | -0.20% | -0.25% | -0.19% | -0.20% | -0.61% | -0.21% | — | -0.32% | -0.37% | -0.22% | -0.38% | -0.53% | -0.24% | -0.25% |
| KuCoin | -0.15% | -0.29% | -0.19% | -0.29% | -0.19% | -0.19% | — | -0.25% | -0.19% | -0.21% | -0.61% | -0.21% | -0.22% | -0.32% | -0.37% | -0.23% | -0.39% | -0.53% | -0.24% | -0.25% |
| OKX | -0.20% | -0.34% | -0.25% | -0.35% | -0.25% | -0.25% | -0.25% | — | -0.24% | -0.26% | -0.66% | -0.27% | -0.27% | -0.37% | -0.43% | -0.28% | -0.44% | -0.58% | -0.29% | -0.30% |
| Bitstamp | -0.46% | -0.59% | -0.50% | -0.60% | -0.50% | -0.50% | -0.50% | -0.56% | -0.50% | -0.51% | -0.92% | -0.52% | -0.52% | -0.62% | -0.68% | -0.53% | -0.69% | — | -0.55% | -0.56% |
| LBank | -0.16% | -0.29% | -0.20% | -0.30% | -0.20% | — | -0.21% | -0.26% | -0.20% | -0.21% | -0.62% | -0.22% | -0.22% | -0.32% | -0.38% | -0.23% | -0.39% | -0.53% | -0.25% | -0.26% |
| Binance | -0.16% | -0.29% | — | -0.30% | -0.20% | -0.20% | -0.21% | -0.26% | -0.20% | -0.21% | -0.62% | -0.22% | -0.22% | -0.32% | -0.38% | -0.23% | -0.39% | -0.54% | -0.25% | -0.26% |
| XT.COM | -0.26% | -0.39% | -0.30% | — | -0.30% | -0.30% | -0.31% | -0.36% | -0.30% | -0.31% | -0.72% | -0.32% | -0.32% | -0.42% | -0.48% | -0.33% | -0.49% | -0.64% | -0.35% | -0.36% |
| Toobit | -0.16% | -0.29% | -0.20% | -0.30% | — | -0.20% | -0.21% | -0.26% | -0.20% | -0.21% | -0.62% | -0.22% | -0.22% | -0.32% | -0.38% | -0.23% | -0.39% | -0.54% | -0.25% | -0.26% |
| Gate | -0.27% | — | -0.31% | -0.41% | -0.31% | -0.31% | -0.31% | -0.37% | -0.31% | -0.32% | -0.72% | -0.33% | -0.33% | -0.43% | -0.49% | -0.34% | -0.50% | -0.64% | -0.36% | -0.37% |
| BigONE | -0.18% | -0.31% | -0.22% | -0.32% | -0.22% | -0.22% | -0.23% | -0.28% | -0.22% | -0.23% | -0.64% | — | -0.24% | -0.34% | -0.40% | -0.25% | -0.41% | -0.55% | -0.27% | -0.28% |
| WhiteBIT | -0.18% | -0.31% | -0.22% | -0.32% | -0.22% | -0.22% | -0.23% | -0.28% | -0.22% | -0.23% | -0.64% | -0.24% | -0.24% | -0.34% | -0.40% | -0.25% | -0.41% | -0.56% | — | -0.28% |
| DigiFinex | -0.28% | -0.42% | -0.32% | -0.42% | -0.32% | -0.32% | -0.33% | -0.38% | -0.32% | -0.34% | -0.74% | -0.34% | -0.35% | — | -0.50% | -0.36% | -0.52% | -0.66% | -0.37% | -0.38% |
| BtcTurk | -0.18% | -0.32% | -0.22% | -0.32% | -0.22% | -0.22% | -0.23% | -0.28% | — | -0.23% | -0.64% | -0.24% | -0.25% | -0.35% | -0.40% | -0.25% | -0.41% | -0.56% | -0.27% | -0.28% |
| HitBTC | -0.34% | -0.48% | -0.38% | -0.48% | -0.38% | -0.38% | -0.39% | -0.44% | -0.38% | -0.39% | -0.80% | -0.40% | -0.41% | -0.51% | — | -0.41% | -0.57% | -0.72% | -0.43% | -0.44% |
| Revolut X | -0.18% | -0.32% | -0.22% | -0.32% | -0.22% | -0.22% | -0.23% | -0.28% | -0.22% | -0.24% | -0.64% | -0.24% | -0.25% | -0.35% | -0.40% | -0.26% | -0.42% | -0.56% | -0.27% | — |
| CEX.IO | -0.20% | -0.33% | -0.24% | -0.34% | -0.24% | -0.24% | -0.24% | -0.30% | -0.24% | -0.25% | -0.66% | -0.26% | -0.26% | -0.36% | -0.42% | — | -0.43% | -0.57% | -0.29% | -0.30% |
| Backpack | — | -0.34% | -0.24% | -0.34% | -0.24% | -0.24% | -0.25% | -0.30% | -0.24% | -0.26% | -0.66% | -0.26% | -0.27% | -0.37% | -0.42% | -0.27% | -0.44% | -0.58% | -0.29% | -0.30% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Extended | [PAXG/USDC:USDC](https://app.extended.exchange/perp/PAXG-USD) | 4,140.4 | 4,140.5 | 0.002% | $190.8K | 0.200% |
| Pacifica | [PAXG/USDC:USDC](https://app.pacifica.fi/trade/PAXG) | 4,143 | 4,143.1 | 0.002% | $468.9K | 0.040% |
| Backpack | [PAXG/USDC:USDC](https://backpack.exchange/trade/PAXG_USDC_PERP) | 4,143.61 | 4,143.62 | 0.000% | $383.9K | 0.100% |
| Crypto.com | [PAXG/USD:USD](https://crypto.com/exchange/trade/PAXGUSD-PERP) | 4,144.09 | 4,144.28 | 0.005% | $3.5M | 0.500% |
| Binance | [PAXG/USDT:USDT](https://www.binance.com/en/futures/PAXGUSDT) | 4,144.3 | 4,144.31 | 0.000% | $84M | 0.050% |
| Toobit | [PAXG/USDT:USDT](https://www.toobit.com/en-US/futures/PAXG-SWAP-USDT) | 4,144.3 | 4,144.31 | 0.000% | $8.9M | 0.100% |
| WEEX | [PAXG/USDT:USDT](https://www.weex.com/futures/PAXG-USDT) | 4,144.27 | 4,144.33 | 0.001% | $8.7M | 0.080% |
| BTSE | [PAXG/USDT:USDT](https://www.btse.com/en/futures/PAXG-PERP) | 4,143.88 | 4,144.73 | 0.021% | $2.8M | 0.055% |
| Bitget | [PAXG/USDT:USDT](https://www.bitget.com/futures/usdt/PAXGUSDT) | 4,144.86 | 4,144.87 | 0.000% | $18.9M | 0.060% |
| Bybit | [PAXG/USDT:USDT](https://www.bybit.com/trade/usdt/PAXGUSDT) | 4,144.8 | 4,144.9 | 0.002% | $6.1M | 0.060% |
| XT.COM | [PAXG/USDT:USDT](https://www.xt.com/en/futures/trade/paxg_usdt) | 4,143.68 | 4,144.93 | 0.030% | $8.7M | 0.060% |
| Paradex | [PAXG/USD:USDC](https://app.paradex.trade/trade/PAXG-USD-PERP) | 4,143.13 | 4,145.04 | 0.046% | $10.1M | 0.030% |
| Aster | [PAXG/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PAXGUSDT) | 4,144.4 | 4,145.38 | 0.024% | $776.9K | 0.035% |
| HTX | [PAXG/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PAXG-USDT&contract_type=swap&type=cross) | 4,145.49 | 4,145.5 | 0.000% | $163.4K | 0.050% |
| KuCoin | [PAXG/USDT:USDT](https://www.kucoin.com/trade/futures/PAXGUSDTM) | 4,145.78 | 4,145.92 | 0.003% | $16.7M | 0.060% |
| Hyperliquid | [PAXG/USDC:USDC](https://app.hyperliquid.xyz/trade/PAXG) | 4,144.888 | 4,145.938 | 0.025% | $2.4M | 0.045% |
| BingX | [PAXG/USDT:USDT](https://bingx.com/en/perpetual/PAXG-USDT) | 4,145.91 | 4,145.98 | 0.002% | $7M | 0.050% |
| WOOFi Pro | [PAXG/USDC:USDC](https://pro.woofi.com/en/trade/PAXG_PERP) | 4,141.1 | 4,146 | 0.118% | $180 | 0.050% |
| WhiteBIT | [PAXG/USDT:USDT](https://whitebit.com/trade/PAXG-PERP?type=futures) | 4,145.5 | 4,146.41 | 0.022% | $36.1M | 0.055% |
| Gate | [PAXG/USDT:USDT](https://www.gate.com/futures/USDT/PAXG_USDT) | 4,148.4 | 4,148.5 | 0.002% | $6.3M | 0.050% |
| MEXC | [PAXG/USDT:USDT](https://www.mexc.com/futures/PAXG_USDT) | 4,155.81 | 4,156.75 | 0.023% | $1.6M | 0.020% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | MEXC | Gate | BingX | KuCoin | WhiteBIT | HTX | Hyperliquid | Bitget | Bybit | Aster | Binance | Toobit | WEEX | Crypto.com | BTSE | XT.COM | Backpack | Paradex | Pacifica | WOOFi Pro | Extended |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Extended | -0.07% | -0.31% | -0.37% | -0.39% | -0.39% | -0.38% | -0.38% | -0.41% | -0.42% | -0.38% | -0.41% | -0.51% | -0.47% | -1.31% | -0.43% | -0.44% | -0.52% | -0.40% | -0.42% | -0.49% | — |
| Pacifica | +0.19% | -0.05% | -0.11% | -0.14% | -0.13% | -0.12% | -0.13% | -0.16% | -0.16% | -0.12% | -0.15% | -0.25% | -0.21% | -1.06% | -0.17% | -0.19% | -0.27% | -0.14% | — | -0.23% | -0.55% |
| Backpack | +0.05% | -0.18% | -0.24% | -0.27% | -0.26% | -0.25% | -0.26% | -0.29% | -0.29% | -0.25% | -0.28% | -0.38% | -0.34% | -1.19% | -0.30% | -0.32% | — | -0.27% | -0.29% | -0.36% | -0.68% |
| Crypto.com | -0.76% | -1.00% | -1.06% | -1.08% | -1.08% | -1.07% | -1.08% | -1.11% | -1.11% | -1.07% | -1.10% | -1.20% | -1.16% | — | -1.12% | -1.13% | -1.22% | -1.09% | -1.11% | -1.18% | -1.49% |
| Binance | +0.14% | -0.10% | -0.16% | -0.18% | -0.18% | -0.17% | -0.18% | -0.21% | -0.21% | -0.17% | — | -0.30% | -0.26% | -1.11% | -0.22% | -0.24% | -0.32% | -0.19% | -0.21% | -0.28% | -0.59% |
| Toobit | +0.04% | -0.20% | -0.26% | -0.28% | -0.28% | -0.27% | -0.28% | -0.31% | -0.31% | -0.27% | -0.30% | — | -0.36% | -1.21% | -0.32% | -0.34% | -0.42% | -0.29% | -0.31% | -0.38% | -0.69% |
| WEEX | +0.08% | -0.16% | -0.22% | -0.25% | -0.24% | -0.23% | -0.24% | -0.27% | -0.27% | -0.23% | -0.26% | -0.36% | — | -1.17% | -0.28% | -0.30% | -0.38% | -0.25% | -0.27% | -0.34% | -0.65% |
| BTSE | +0.12% | -0.12% | -0.18% | -0.20% | -0.20% | -0.19% | -0.20% | -0.23% | -0.23% | -0.19% | -0.22% | -0.32% | -0.28% | -1.13% | — | -0.26% | -0.34% | -0.21% | -0.23% | -0.30% | -0.61% |
| Bitget | +0.10% | -0.13% | -0.19% | -0.22% | -0.21% | -0.21% | -0.21% | — | -0.24% | -0.20% | -0.23% | -0.33% | -0.29% | -1.14% | -0.25% | -0.27% | -0.35% | -0.22% | -0.25% | -0.31% | -0.63% |
| Bybit | +0.10% | -0.14% | -0.20% | -0.22% | -0.22% | -0.21% | -0.21% | -0.24% | — | -0.20% | -0.23% | -0.33% | -0.30% | -1.14% | -0.25% | -0.27% | -0.35% | -0.22% | -0.25% | -0.31% | -0.63% |
| XT.COM | +0.10% | -0.14% | -0.20% | -0.22% | -0.22% | -0.21% | -0.21% | -0.24% | -0.24% | -0.20% | -0.24% | -0.34% | -0.30% | -1.14% | -0.26% | — | -0.35% | -0.22% | -0.25% | -0.31% | -0.63% |
| Paradex | +0.16% | -0.08% | -0.14% | -0.16% | -0.16% | -0.15% | -0.15% | -0.18% | -0.19% | -0.15% | -0.18% | -0.28% | -0.24% | -1.08% | -0.20% | -0.21% | -0.29% | — | -0.19% | -0.26% | -0.57% |
| Aster | +0.14% | -0.10% | -0.16% | -0.18% | -0.18% | -0.17% | -0.17% | -0.20% | -0.20% | — | -0.20% | -0.30% | -0.26% | -1.10% | -0.22% | -0.23% | -0.31% | -0.18% | -0.21% | -0.27% | -0.59% |
| HTX | +0.11% | -0.13% | -0.19% | -0.21% | -0.21% | — | -0.20% | -0.24% | -0.24% | -0.20% | -0.23% | -0.33% | -0.29% | -1.13% | -0.25% | -0.26% | -0.35% | -0.22% | -0.24% | -0.31% | -0.62% |
| KuCoin | +0.08% | -0.16% | -0.22% | — | -0.24% | -0.23% | -0.23% | -0.27% | -0.27% | -0.23% | -0.26% | -0.36% | -0.32% | -1.16% | -0.28% | -0.29% | -0.38% | -0.25% | -0.27% | -0.34% | -0.65% |
| Hyperliquid | +0.11% | -0.13% | -0.19% | -0.21% | -0.21% | -0.20% | — | -0.24% | -0.24% | -0.20% | -0.23% | -0.33% | -0.29% | -1.13% | -0.25% | -0.26% | -0.35% | -0.22% | -0.24% | -0.31% | -0.62% |
| BingX | +0.10% | -0.14% | — | -0.22% | -0.22% | -0.21% | -0.22% | -0.25% | -0.25% | -0.21% | -0.24% | -0.34% | -0.30% | -1.15% | -0.26% | -0.28% | -0.36% | -0.23% | -0.25% | -0.32% | -0.63% |
| WOOFi Pro | +0.10% | -0.14% | -0.20% | -0.23% | -0.22% | -0.21% | -0.22% | -0.25% | -0.25% | -0.21% | -0.24% | -0.34% | -0.30% | -1.15% | -0.26% | -0.28% | -0.36% | -0.23% | -0.25% | — | -0.64% |
| WhiteBIT | +0.08% | -0.16% | -0.22% | -0.25% | — | -0.23% | -0.24% | -0.27% | -0.27% | -0.23% | -0.26% | -0.36% | -0.32% | -1.17% | -0.28% | -0.30% | -0.38% | -0.25% | -0.27% | -0.34% | -0.65% |
| Gate | +0.04% | — | -0.26% | -0.29% | -0.28% | -0.27% | -0.28% | -0.31% | -0.31% | -0.27% | -0.30% | -0.40% | -0.36% | -1.21% | -0.32% | -0.34% | -0.42% | -0.29% | -0.31% | -0.38% | -0.70% |
| MEXC | — | -0.34% | -0.40% | -0.42% | -0.42% | -0.41% | -0.42% | -0.45% | -0.45% | -0.41% | -0.44% | -0.54% | -0.50% | -1.34% | -0.46% | -0.47% | -0.56% | -0.43% | -0.45% | -0.52% | -0.83% |

## Frequently asked questions

### Is there a PAXG arbitrage opportunity right now?

No. The best PAXG routes do not cover taker fees at the moment.

### Which exchange has the cheapest PAXG?

Lowest ask price: Spot: Crypto.com at 4,145.26; Perpetual: Extended at 4,140.5.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.