Settings8H · net · $10k
Funding arb · Price arb /

PAYP

RWAall PAYP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance−0.059%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3433.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 2 days (all we have)+0.121%+$12 · spread now −0.059%, 7d avg −0.040%
Together, before fees+0.096%+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAYPUSDT17.6300get 0.0000% / 8h7h 28m$257K$374K20x
ShortSunX PAYP-USDT17.6200get 0.0000% / 8h7h 28m$1K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.059% → −0.040%
−$1.9
Slippage, 4 orders
−$325.14
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$345.05
Costs to cover
3.431%
Break-even
never at this rate
Slippage from Binance: live order book, 33 min ago; SunX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 33 min ago2.83 bp40.6 bp −$41243.9 bp −$2,439doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago48.15 bp149.7 bp −$150doesn't fitdoesn't fitdoesn't fit

PAYP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PAYPUSDT0.0000%8h17.653+0.131%$7K$79220xas long as short
Binance PAYPUSDTlong0.0000%8h17.630long leg$257K$374K20x
Gate PAYP_USDT0.0000%8h17.640+0.055%$82K$6K25xas long as short
Variational Omni PAYP0.0000%8h17.637+0.038%$70K$32Kas long as short
GRVT PAYP_USDT_Perp0.0000%8h17.642+0.069%$130K$507K10xas long as short
SunX PAYP-USDTshort0.0000%8h17.620−0.059%$1K$1.7M10x
HTX PAYP-USDT0.0000%8h17.630−0.002%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.640+0.055%$53K$122K20xas long as short