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 Variational Omni+0.021%89s7-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 · GRVT: 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: GRVT is 0.021% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PAYP17.6460get 0.0000% / 8h6h 20m$70K$32K
ShortGRVT PAYP_USDT_Perp17.6500get 0.0000% / 8h6h 20m$130K$484K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.021% → 0.000%
$2.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$6.95
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 30 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 GRVT live order book, 30 min ago5.67 bp32.4 bp −$32117.8 bp −$1,178doesn'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 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+0.084%$7K$79220xas long as short
Binance PAYPUSDT0.0000%8h17.650+0.021%$256K$336K20xas long as short
Gate PAYP_USDT0.0000%8h17.660+0.077%$82K$6K25xas long as short
Variational Omni PAYPlong0.0000%8h17.646long leg$70K$32K
GRVT PAYP_USDT_Perpshort0.0000%8h17.650+0.021%$130K$484K10x
SunX PAYP-USDT0.0000%8h17.640−0.036%$1K$1.6M10xas long as short
HTX PAYP-USDT0.0000%8h17.620−0.150%$8K$3K10xas long as short
KuCoin PAYPUSDTM+0.0100%8h17.650+0.021%$53K$191K20xas long as short