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: Binance against Variational Omni+0.019%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAYP17.6620get 0.0000% / 8h1h 06m$71K$32K
ShortBinance PAYPUSDT17.6650get 0.0000% / 8h1h 06m$258K$423K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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: +0.019% → 0.000%
$1.85
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.15
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 10 min ago. 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 Variational Omni no order-book sample
Sell Binance live order book, 10 min ago2.83 bp18.7 bp −$1950.0 bp −$500doesn't fitdoesn't fit
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 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%8h17.676+0.078%$7K$79220xas long as short
Binance PAYPUSDTshort0.0000%8h17.665+0.019%$258K$423K20x
Gate PAYP_USDT0.0000%8h17.670+0.047%$82K$7K25xas long as short
Variational Omni PAYPlong0.0000%8h17.662long leg$71K$32K
GRVT PAYP_USDT_Perp0.0000%8h17.660−0.010%$130K$538K10xas long as short
SunX PAYP-USDT0.0000%8h17.660−0.010%$2K$1.9M10xas long as short
HTX PAYP-USDT0.0000%8h17.630−0.180%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.670+0.047%$62K$71K20xas long as short