Settings8H · net · $10k
Funding arb · Price arb /

PYPL

RWAall PYPL 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: Gate against Binance+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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PYPLUSDT52.6800get 0.0000% / 8h7h 17m$284K$184K20x
ShortGate PYPL_USDT52.6900get 0.0000% / 8h7h 17m$36K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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%
$1.9
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$23.1
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 14 min ago; Gate: 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 Binance live order book, 14 min ago4.74 bp17.0 bp −$17125.7 bp −$1,257doesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: 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.

PYPL 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
Injective PYPL/USDC PERP−0.0220%1h52.160−0.987%$7K$22K12xas long as short
Binance PYPLUSDTlong0.0000%8h52.680long leg$284K$184K20x
Bybit PYPLUSDT0.0000%8h52.670−0.019%$371K$45K25xas long as short
OKX PYPL-USDT-SWAP0.0000%8h52.740+0.114%$114K$40K20xas long as short
Gate PYPL_USDTshort0.0000%8h52.690+0.019%$36K$2K20x
Bitget PYPLUSDT0.0000%8h52.630−0.095%$78K$10K20xas long as short
HTX PYPL-USDT0.0000%8h52.710+0.057%$7K$13K10xas long as short
edgeX PYPLUSDC+0.0122%4h52.701+0.040%$28K$249K10xas long as short