Settings8H · net · $10k
Funding arb · Price arb /

PYPL

RWAall PYPL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PYPLUSDC52.6400.0702pay 0.0351% / 4h2h 23m$28K$247K10x
ShortGate PYPL_USDT52.6300get 0.0000% / 8h2h 23m$36K$2K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 24 min ago8.55 bp18.3 bp −$18doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PYPL/USDC PERP−0.0220%1h52.110−1.007%$7K$22K12xas long as short
Binance PYPLUSDT0.0000%8h52.648+0.015%$291K$191K20xas long as short
Bybit PYPLUSDT0.0000%8h52.660+0.038%$371K$44K25xas long as short
OKX PYPL-USDT-SWAP0.0000%8h52.690+0.095%$114K$40K20xas long as short
Gate PYPL_USDTshort0.0000%8h52.630−0.019%$36K$2K20x
Bitget PYPLUSDT0.0000%8h52.630−0.019%$78K$10K20xas long as short
HTX PYPL-USDT0.0000%8h52.650+0.019%$7K$18K10xas long as short
edgeX PYPLUSDClong+0.0702%4h52.640long leg$28K$247K10x