PAYP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCPAYPSTOCK_USDT	14.450	−0.1555	get 0.1555% / 8h	56m 29s	$182K	$136K	50x	Long MEXC
SHORT	GRVTPAYP_USDT_Perp	14.486	−0.1516	pay 0.1516% / 8h	56m 29s	$105K	$540K	10x	Short GRVT

Price gap+0.248%78s

Funding gap+0.0039% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.236% above its 7d average: +$24 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+0.0039% /8h now · paid −0.142% over the last 7D

Price—spread +0.248%78s now · prices read too far apart to compare

Costs−$1801.802% of $10k · taker + slippage, in and out

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

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+0.248%

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 size18.4 / 39.0 bp
At $10k entering GRVT costs 39.0 bp, fee and slippage, 2.1× MEXC’s.
Note: Margin at max leverage$200 + $1,000
MEXC 50x, GRVT 10x. 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: +$1.17Long MEXC: 3 payments, +$46.65; short GRVT: 3 payments, −$45.48.
Watch: Prices read 78 s apart+0.248% vs +0.012%
Part of this gap may be the market moving.
Watch: Short leg is thinner$105K vs $182K 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: KYCMEXC Yes · GRVT No
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 spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$167.19

Fee MEXC bp × 2 orders−$4.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$194.43

price spread not counted: prices read too far apart

Costs to cover1.802%Break-evennever at this rate

Slippage: MEXC: live order book, 23 min ago; GRVT: live order book, 46 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC10.4118.4 bp−$18116.1 bp−$1,161226.0 bp−$22.6Kdoesn’t fit

SELL · SHORTGRVT10.3639.0 bp−$39doesn’t fitdoesn’t fitdoesn’t fit

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