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: Bybit against Bitget0.000%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 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PYPLUSDT52.6200get 0.0000% / 8h4h 52m$78K$10K20x
ShortBybit PYPLUSDT52.6200get 0.0000% / 8h4h 52m$371K$44K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$23
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; Bybit: live order book, 62 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 Bitget no order-book sample
Sell Bybit live order book, 62 min ago6.65 bp60.9 bp −$61doesn't fitdoesn't fitdoesn't fit
Bitget: 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%1h52.140−0.912%$7K$22K12xas long as short
Binance PYPLUSDT0.0000%8h52.650+0.057%$284K$173K20xas long as short
Bybit PYPLUSDTshort0.0000%8h52.6200.000%$371K$44K25x
OKX PYPL-USDT-SWAP0.0000%8h52.700+0.152%$114K$39K20xas long as short
Gate PYPL_USDT0.0000%8h52.700+0.152%$36K$2K20xas long as short
Bitget PYPLUSDTlong0.0000%8h52.620long leg$78K$10K20x
HTX PYPL-USDT0.0000%8h52.680+0.114%$7K$16K10xas long as short
edgeX PYPLUSDC+0.0955%4h52.669+0.093%$28K$248K10xas long as short