Settings8H · net · $10k
Funding arb · Price arb /

PAYP

RWAall PAYP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX0.000%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PAYP-USDT17.6500get 0.0000% / 8h46m 28s$1K$1.9M10x
ShortHTX PAYP-USDT17.6500get 0.0000% / 8h46m 28s$8K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 min ago; HTX: no order-book sample. 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 SunX live order book, 10 min ago48.12 bp150.8 bp −$151doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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 venues

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%8h17.670+0.113%$7K$79220xas long as short
Binance PAYPUSDT0.0000%8h17.660+0.056%$257K$424K20xas long as short
Gate PAYP_USDT0.0000%8h17.670+0.113%$82K$7K25xas long as short
Variational Omni PAYP0.0000%8h17.652+0.009%$71K$32Kas long as short
GRVT PAYP_USDT_Perp0.0000%8h17.660+0.057%$130K$530K10xas long as short
SunX PAYP-USDTlong0.0000%8h17.650long leg$1K$1.9M10x
HTX PAYP-USDTshort0.0000%8h17.6500.000%$8K$3K10x
KuCoin PAYPUSDTM+0.0100%8h17.670+0.113%$63K$72K20xas long as short