PAYP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXPAYP-USDT	15.870	0	0.0000% / 8h	7h 17m	$1K	$1.2M	10x	Long SunX≤10% back
SHORT	QFEXPAYP-USD	15.950	0	0.0000% / 1h	17m 07s	$86K	$20K	10x	Short QFEX

Price gap+0.504%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$50 on $10k if the gap goes back to zero (no 7-day history yet).

If you open now and hold

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

Funding—0.0000% /8h now · no funding history yet

Price—spread +0.504% now · no price history on both exchanges yet

Costsno datano order book for QFEX

Result, before costs—no pointsneeds funding history

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+0.504%

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 10 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for QFEX: its slippage is not counted.
Note: Margin at max leverage$1,000 + $1,000
SunX 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
Note: No 7-day spread history+0.504%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$1K vs $86K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legSunX No · QFEX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earnedno history yet: current rate$0.00

Price spread+0.504% → 0+$50.41

Slippage, 4 ordersno data for QFEX—

Fee SunX bp × 2 orders−$8.00

Fee QFEX bp × 2 orders−$20.00

Net, fees only · 7 days · $10k+$22.41

Costs to cover0.280%Break-evenfrom the start

Slippage: SunX: live order book, 3 min ago; QFEX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX56.67101.9 bp−$102doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTQFEX—————

Closing costs about the same again.
QFEX: no data.

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