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: Variational Omni against Binance−0.027%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PAYPUSDT17.6500get 0.0000% / 8h4h 51m$255K$301K20x
ShortVariational Omni PAYP17.6450get 0.0000% / 8h4h 51m$70K$32K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.027% → 0.000%
−$2.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.75
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 33 min ago; Variational Omni: no order-book sample. Net counts fees only.

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 bp40.3 bp −$40241.9 bp −$2,419doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.

PAYP on 8 exchanges

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%8h17.650−0.003%$7K$79220xas long as short
Binance PAYPUSDTlong0.0000%8h17.650long leg$255K$301K20x
Gate PAYP_USDT0.0000%8h17.660+0.056%$82K$4K25xas long as short
Variational Omni PAYPshort0.0000%8h17.645−0.027%$70K$32K
GRVT PAYP_USDT_Perp0.0000%8h17.650−0.001%$130K$483K10xas long as short
SunX PAYP-USDT0.0000%8h17.640−0.058%$2K$1.3M10xas long as short
HTX PAYP-USDT0.0000%8h17.630−0.114%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.640−0.058%$53K$282K20xas long as short