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 −0.005%
Price spread now: GRVT against SunX+0.057%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3773.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.057%, 7d avg +0.025%
Together, before fees−0.098%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.032% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PAYP-USDT17.6400get 0.0000% / 8h6h 19m$1K$1.5M10x
ShortGRVT PAYP_USDT_Perp17.6500get 0.0000% / 8h6h 19m$130K$484K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.057% → +0.025%
$3.17
Slippage, 4 orders
−$359.54
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$373.37
Costs to cover
3.765%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; GRVT: live order book, 31 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, 9 min ago50.99 bp135.2 bp −$135doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 31 min ago5.67 bp32.4 bp −$32117.8 bp −$1,178doesn'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%8h17.660+0.115%$7K$79220xas long as short
Binance PAYPUSDT0.0000%8h17.650+0.057%$256K$336K20xas long as short
Gate PAYP_USDT0.0000%8h17.670+0.170%$82K$6K25xas long as short
Variational Omni PAYP0.0000%8h17.646+0.036%$70K$32Kas long as short
GRVT PAYP_USDT_Perpshort0.0000%8h17.650+0.057%$130K$484K10x
SunX PAYP-USDTlong0.0000%8h17.640long leg$1K$1.5M10x
HTX PAYP-USDT0.0000%8h17.620−0.113%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.650+0.057%$53K$192K20xas long as short