Funding you earn now, next payment 08:00 UTC−0.0702%/8h= −76.8% APRpaid last 24h +0.011%
Price spread now: Gate against edgeX−0.019%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PYPLUSDC | 52.640 | 0.0702 | pay 0.0351% / 4h | 2h 23m | $28K | $247K | 10x |
| Short | Gate PYPL_USDT | 52.630 | 0 | get 0.0000% / 8h | 2h 23m | $36K | $2K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$147.36
- Price spread: −0.019% → 0.000%
- −$1.95
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$173.31
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 24 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 24 min ago | 8.55 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PYPL/USDC PERP | −0.0220% | 1h | 52.110 | −1.007% | $7K | $22K | 12x | as long as short |
| Binance PYPLUSDT | 0.0000% | 8h | 52.648 | +0.015% | $291K | $191K | 20x | as long as short |
| Bybit PYPLUSDT | 0.0000% | 8h | 52.660 | +0.038% | $371K | $44K | 25x | as long as short |
| OKX PYPL-USDT-SWAP | 0.0000% | 8h | 52.690 | +0.095% | $114K | $40K | 20x | as long as short |
| Gate PYPL_USDTshort | 0.0000% | 8h | 52.630 | −0.019% | $36K | $2K | 20x | |
| Bitget PYPLUSDT | 0.0000% | 8h | 52.630 | −0.019% | $78K | $10K | 20x | as long as short |
| HTX PYPL-USDT | 0.0000% | 8h | 52.650 | +0.019% | $7K | $18K | 10x | as long as short |
| edgeX PYPLUSDClong | +0.0702% | 4h | 52.640 | long leg | $28K | $247K | 10x |
edgeX PYPLUSDC
Gate PYPL_USDT
Injective PYPL/USDC PERP
Binance PYPLUSDT
Bybit PYPLUSDT
OKX PYPL-USDT-SWAP
Bitget PYPLUSDT
HTX PYPL-USDT