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: Variational Omni against SunX+0.036%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.036% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PAYP-USDT17.6400get 0.0000% / 8h6h 20m$1K$1.6M10x
ShortVariational Omni PAYP17.6460get 0.0000% / 8h6h 20m$70K$32K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.036% → 0.000%
$3.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$4.38
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Variational Omni: 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, 8 min ago50.99 bp135.2 bp −$135doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 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%8h17.661+0.120%$7K$79220xas long as short
Binance PAYPUSDT0.0000%8h17.650+0.057%$256K$336K20xas long as short
Gate PAYP_USDT0.0000%8h17.660+0.113%$82K$6K25xas long as short
Variational Omni PAYPshort0.0000%8h17.646+0.036%$70K$32K
GRVT PAYP_USDT_Perp0.0000%8h17.650+0.057%$130K$484K10xas long as short
SunX PAYP-USDTlong0.0000%8h17.640long leg$1K$1.6M10x
HTX PAYP-USDT0.0000%8h17.620−0.113%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.650+0.057%$53K$191K20xas long as short