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: Binance against Gate−0.057%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 7 days+0.025%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.057% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PAYP_USDT17.6700get 0.0000% / 8h5h 30m$82K$4K25x
ShortBinance PAYPUSDT17.6600get 0.0000% / 8h5h 30m$255K$324K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.057% → 0.000%
−$5.66
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$30.66
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 68 min ago. 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 Gate no order-book sample
Sell Binance live order book, 68 min ago2.83 bp27.7 bp −$2880.5 bp −$805doesn't fitdoesn't fit
Gate: 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%8h17.679+0.050%$7K$79220xas long as short
Binance PAYPUSDTshort0.0000%8h17.660−0.057%$255K$324K20x
Gate PAYP_USDTlong0.0000%8h17.670long leg$82K$4K25x
Variational Omni PAYP0.0000%8h17.660−0.054%$71K$32Kas long as short
GRVT PAYP_USDT_Perp0.0000%8h17.665−0.028%$130K$484K10xas long as short
SunX PAYP-USDT0.0000%8h17.650−0.113%$1K$1.5M10xas long as short
HTX PAYP-USDT0.0000%8h17.630−0.226%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.660−0.057%$54K$244K20xas long as short