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 HTX+0.284%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
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: SunX is 0.284% dearer against HTX than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PAYP-USDT17.6000get 0.0000% / 8h5h 08m$8K$3K10x
ShortSunX PAYP-USDT17.6500get 0.0000% / 8h5h 08m$1K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against HTX. 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: +0.284% → 0.000%
$28.41
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$8.41
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; SunX: live order book, 10 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 HTX no order-book sample
Sell SunX live order book, 10 min ago50.96 bp136.7 bp −$137doesn't fitdoesn't fitdoesn't fit
HTX: 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%8h17.652+0.294%$7K$79220xas long as short
Binance PAYPUSDT0.0000%8h17.655+0.311%$255K$311K20xas long as short
Gate PAYP_USDT0.0000%8h17.640+0.227%$82K$4K25xas long as short
Variational Omni PAYP0.0000%8h17.651+0.289%$70K$32Kas long as short
GRVT PAYP_USDT_Perp0.0000%8h17.650+0.284%$130K$483K10xas long as short
SunX PAYP-USDTshort0.0000%8h17.650+0.284%$1K$1.4M10x
HTX PAYP-USDTlong0.0000%8h17.600long leg$8K$3K10x
KuCoin PAYPUSDTM+0.0100%8h17.640+0.227%$53K$267K20xas long as short