PYPL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinancePYPLUSDT	52.810	0	0.0000% / 8h	44m 46s	$2.7M	$2.8M	20x	Long Binance
SHORT	BingXNCSKPYPL2USD-USDT	52.820	+0.0050	get 0.0050% / 8h	44m 46s	$938K	$1.6M	—	Short BingX

Price gap+0.019%

Funding gap+0.0050% /8h

Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

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

Funding+$11+0.0050% /8h now · paid +0.105% over the last 7D

Price+$1spread +0.019% now, avg +0.013% → +0.006% if it goes back

Costs−$690.694% of $10k · taker + slippage, in and out

Result−$58−0.58%no pointsWhat the last 7D really paid, hour by hour → backtest

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+0.019%

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

PYPL on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size11.5 / 16.9 bp
At $10k entering BingX costs 16.9 bp, fee and slippage, 1.5× Binance’s.
Note: Margin at max leverage$500 + —
Binance 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.50Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
Note: Gap at its usual level+0.019% vs +0.013%
The price leg adds little either way.
Watch: Short leg is thinner$938K vs $2.7M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · BingX Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0050%/8h × 21 periods+$10.50

Price spread+0.019% → +0.013% (7d avg)+$0.61

Slippage, 4 orderslive order books−$51.42

Fee Binance bp × 2 orders−$8.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$58.30

Costs to cover0.694%Break-even45.9 days

Slippage: Binance: live order book, 10 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance3.7811.5 bp−$1271.6 bp−$716doesn’t fitdoesn’t fit

SELL · SHORTBingX5.6816.9 bp−$1759.1 bp−$591221.8 bp−$22.2K871.3 bp−$435.6K

Closing costs about the same again.

PYPL news

posts that mention PYPL, from every exchangeSearch all news →

09-28 16:43	Avantis	Other	2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:14	Avantis	Listing	new market PYPL/USD ($PYPL) seen by our collector
09-21 13:35	gTrade (Gains Network)	Listing	new market PYPL/USD ($PYPL) seen by our collector