PYPL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPYPL2USD-USDT	52.940	+0.0050	pay 0.0050% / 8h	1m 42s	$938K	$1.6M	—	Long BingX
SHORT	BinancePYPLUSDT	52.930	0	0.0000% / 8h	1m 42s	$2.7M	$2.8M	20x	Short Binance

Price gap−0.019%

Funding gap−0.0050% /8h

Funding costs $2 a day on $10k at the current rate. Swap the legs.

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−$830.831% of $10k · taker + slippage, in and out

Result−$94−0.94%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 size17.6 / 20.3 bp
At $10k entering Binance costs 20.3 bp, fee and slippage, 1.2× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Binance 20x. 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 BingX: 3 payments, −$1.50; short Binance: 3 payments, $0.00.
Note: Gap at its usual level−0.019% vs −0.013%
The price leg adds little either way.
Watch: Long 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: KYCBingX Yes · Binance Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

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−$65.07

Fee BingX bp × 2 orders−$10.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$94.18

Costs to cover0.831%Break-evennever at this rate

Slippage: BingX: live order book, 13 min ago; Binance: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX9.4617.6 bp−$1883.5 bp−$835125.1 bp−$12.5K600.2 bp−$300.1K

SELL · SHORTBinance2.8420.3 bp−$2082.0 bp−$820doesn’t fitdoesn’t fit

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