PAYP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTPAYP_USDT_Perp	14.360	−0.2171	get 0.2171% / 8h	1h 51m	$104K	$532K	10x	Long GRVT
SHORT	MEXCPAYPSTOCK_USDT	14.380	−0.2080	pay 0.2080% / 8h	1h 51m	$183K	$136K	50x	Short MEXC

Price gap+0.139%

Funding gap+0.0091% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.152% above its 7d average: +$15 more if it goes back.

If you open now and hold

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

Funding+$14+0.0091% /8h now · paid +0.142% over the last 7D

Price+$15spread +0.139% now, avg −0.013% → +0.152% if it goes back

Costs−$7,38673.857% of $10k · taker + slippage, in and out

Result−$7,356−73.56%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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+0.139%

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

3 ok · 3 to watch

Watch: Thin at this size7182.3 / 47.2 bp
At $10k entering GRVT costs 7182.3 bp, fee and slippage, 152.1× MEXC’s.
Note: Margin at max leverage$1,000 + $200
GRVT 10x, MEXC 50x. 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: +$2.73Long GRVT: 3 payments, +$65.13; short MEXC: 3 payments, −$62.40.
OK: Entry gap works for you+0.139% vs −0.013%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$104K vs $183K 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 · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0068%/8h × 21 periods+$14.24

Price spread+0.139% → −0.013% (7d avg)+$15.21

Slippage, 4 orderslive order books−$7,368.73

Fee GRVT bp × 2 orders−$9.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k−$7,356.27

Costs to cover73.857%Break-even3623.1 days

Slippage: GRVT: live order book, 56 min ago; MEXC: live order book, 37 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 · SHORTMEXC3.3947.2 bp−$47185.8 bp−$1,858234.2 bp−$23.4K296.5 bp−$148.3K

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