PYPL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPYPL2USD-USDT	58.000	+0.0050	pay 0.0050% / 8h	1h 57m	$938K	$659K	—	Long BingX
SHORT	BitgetPYPLUSDT	58.210	0	0.0000% / 8h	1h 57m	$204K	$259K	20x	Short Bitget

Price gap+0.362%

Funding gap−0.0050% /8h

The gap pays +$36 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 24 days.

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—spread +0.362% now · no price history on both exchanges yet

Costs−$2032.030% of $10k · taker + slippage, in and out

Result—no pointsneeds both price histories

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+0.362%

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 size14.2 / 70.6 bp
At $10k entering Bitget costs 70.6 bp, fee and slippage, 5.0× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Bitget 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 Bitget: 3 payments, $0.00.
Note: No 7-day spread history+0.362%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$204K vs $938K OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Bitget 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+0.362% → 0+$36.21

Slippage, 4 orderslive order books−$180.96

Fee BingX bp × 2 orders−$10.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$177.26

Costs to cover2.030%Break-evennever at this rate

Slippage: BingX: live order book, 69 min ago; Bitget: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX5.9214.2 bp−$1449.2 bp−$492140.9 bp−$14.1K659.5 bp−$329.7K

SELL · SHORTBitget21.3070.6 bp−$71203.8 bp−$2,038doesn’t fitdoesn’t fit

Closing costs about the same again.

PYPL news

posts that mention PYPL, from every exchange

11-03 01:05	edgeX	Listing	PYPLUSDC no longer reported ($PYPL) seen by our collector
10-27 09:00	KuCoin	Listing	new market PYPLUSDTM ($PYPL) seen by our collector
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