PAYP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCPAYPSTOCK_USDT	14.450	−0.1565	get 0.1565% / 8h	56m 55s	$182K	$136K	50x	Long MEXC
SHORT	SunXPAYP-USDT	14.450	0	0.0000% / 8h	56m 55s	$1K	$3.5M	10x	Short SunX≤10% back

Price gap0.000%46s

Funding gap+0.1565% /8h

Both sides work: funding pays +$47 a day on $10k, and the gap is 0.046% above its 7d average: +$5 more if it goes back.

If you open now and hold

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

Funding−$3+0.1565% /8h now · paid −0.026% over the last 7D

Price—spread 0.000%46s now · prices read too far apart to compare

Costs−$4234.229% of $10k · taker + slippage, in and out

Result—no pointsneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.026% in total, about −0.0012%/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

Now0.000%

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

1 ok · 4 to watch

Watch: Thin at this size18.4 / 212.8 bp
At $10k entering SunX costs 212.8 bp, fee and slippage, 11.6× MEXC’s.
Note: Margin at max leverage$200 + $1,000
MEXC 50x, SunX 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: +$46.95Long MEXC: 3 payments, +$46.95; short SunX: 3 payments, $0.00.
Watch: Prices read 46 s apart0.000% vs −0.046%
Part of this gap may be the market moving.
Watch: Short leg is thinner$1K vs $182K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · SunX 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−0.0012%/8h × 21 periods−$2.59

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$410.88

Fee MEXC bp × 2 orders−$4.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k−$425.47

price spread not counted: prices read too far apart

Costs to cover4.229%Break-evennever at this rate

Slippage: MEXC: live order book, 23 min ago; SunX: live order book, 10 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 · SHORTSunX90.03212.8 bp−$213doesn’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