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: OKX against Bitget+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 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 PYPLUSDT52.6300get 0.0000% / 8h1h 35m$78K$10K20x
ShortOKX PYPL-USDT-SWAP52.6400get 0.0000% / 8h1h 35m$114K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.019% → 0.000%
$1.9
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$20.1
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago4.75 bp68.7 bp −$69doesn'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%1h52.130−0.950%$7K$22K12xas long as short
Binance PYPLUSDT0.0000%8h52.651+0.040%$280K$200K20xas long as short
Bybit PYPLUSDT0.0000%8h52.640+0.019%$371K$44K25xas long as short
OKX PYPL-USDT-SWAPshort0.0000%8h52.640+0.019%$114K$40K20x
Gate PYPL_USDT0.0000%8h52.670+0.076%$36K$2K20xas long as short
Bitget PYPLUSDTlong0.0000%8h52.630long leg$78K$10K20x
HTX PYPL-USDT0.0000%8h52.650+0.038%$7K$19K10xas long as short
edgeX PYPLUSDC+0.0268%4h52.641+0.020%$28K$248K10xas long as short