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: Binance against SunX+0.056%46s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3393.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 2 days (all we have)−0.041%−$4 · spread now +0.056%, 7d avg +0.039%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PAYP-USDT17.6400get 0.0000% / 8h4h 50m$2K$1.3M10x
ShortBinance PAYPUSDT17.6500get 0.0000% / 8h4h 50m$255K$301K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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: +0.056% → +0.039%
$1.79
Slippage, 4 orders
−$321.32
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$337.53
Costs to cover
3.393%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Binance: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago48.17 bp147.0 bp −$147doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 34 min ago2.83 bp30.9 bp −$3191.4 bp −$914doesn't fitdoesn't fit

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%8h17.650+0.058%$7K$79220xas long as short
Binance PAYPUSDTshort0.0000%8h17.650+0.056%$255K$301K20x
Gate PAYP_USDT0.0000%8h17.660+0.113%$82K$4K25xas long as short
Variational Omni PAYP0.0000%8h17.645+0.030%$70K$32Kas long as short
GRVT PAYP_USDT_Perp0.0000%8h17.650+0.057%$130K$483K10xas long as short
SunX PAYP-USDTlong0.0000%8h17.640long leg$2K$1.3M10x
HTX PAYP-USDT0.0000%8h17.630−0.057%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.6400.000%$53K$282K20xas long as short