PAYP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTPAYP_USDT_Perp	14.370	−0.2231	get 0.2231% / 8h	1h 52m	$104K	$533K	10x	Long GRVT
SHORT	BingXNCSKPAYP2USD-USDT	14.380	−0.1489	pay 0.1489% / 8h	1h 52m	$962K	$1.2M	—	Short BingX

Price gap+0.070%48s

Funding gap+0.0742% /8h

Both sides work: funding pays +$22 a day on $10k, and the gap is 0.043% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$24+0.0742% /8h now · paid +0.243% over the last 7D

Price—spread +0.070%48s now · prices read too far apart to compare

Costs−$7,40674.062% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.243% in total, about +0.0116%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.070%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PAYP on 11 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size7182.3 / 77.7 bp
At $10k entering GRVT costs 7182.3 bp, fee and slippage, 92.4× BingX’s.
Note: Margin at max leverage$1,000 + —
GRVT 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$22.26Long GRVT: 3 payments, +$66.93; short BingX: 3 payments, −$44.67.
Watch: Prices read 48 s apart+0.070% vs +0.026%
Part of this gap may be the market moving.
Watch: Long leg is thinner$104K vs $962K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCGRVT No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0116%/8h × 21 periods+$24.33

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$7,387.15

Fee GRVT bp × 2 orders−$9.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$7,381.82

price spread not counted: prices read too far apart

Costs to cover74.062%Break-even2130.8 days

Slippage: GRVT: live order book, 55 min ago; BingX: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGRVT16.207182.3 bp−$7,182161373.1 bp−$1.61Mdoesn’t fitdoesn’t fit

SELL · SHORTBingX13.8277.7 bp−$78171.4 bp−$1,714278.7 bp−$27.9K779.8 bp−$389.9K

Closing costs about the same again.

PAYP news

posts that mention PAYP, from every exchangeSearch all news →

09-28 16:00	QFEX	Other	$PAYP - PayPay Corporation is now trading 24/7 on QFEX @QFEX on X ↗
09-28 14:22	QFEX	Listing	new market PAYP-USD ($PAYP) seen by our collector