Funding you earn now, next payment 04:00 UTC−0.0853%/8h= −93.5% APRpaid last 24h +0.012%
Price spread now: edgeX against Gate−0.053%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
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.053% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PYPL_USDT | 52.700 | 0 | get 0.0000% / 8h | 3h 58m | $36K | $2K | 20x |
| Short | edgeX PYPLUSDC | 52.672 | −0.0853 | pay 0.0427% / 4h | 3h 58m | $28K | $249K | 10x |
Gate PYPL_USDT
edgeX PYPLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$179.24
- Price spread: −0.053% → 0.000%
- −$5.3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$208.54
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 58 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 58 min ago | 9.49 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PYPLUSDCshort | −0.0853% | 4h | 52.672 | −0.053% | $28K | $249K | 10x | |
| Injective PYPL/USDC PERP | −0.0220% | 1h | 52.170 | −1.006% | $7K | $22K | 12x | as long as short |
| Binance PYPLUSDT | 0.0000% | 8h | 52.671 | −0.054% | $284K | $174K | 20x | as long as short |
| Bybit PYPLUSDT | 0.0000% | 8h | 52.650 | −0.095% | $371K | $44K | 25x | as long as short |
| OKX PYPL-USDT-SWAP | 0.0000% | 8h | 52.700 | 0.000% | $114K | $39K | 20x | as long as short |
| Gate PYPL_USDTlong | 0.0000% | 8h | 52.700 | long leg | $36K | $2K | 20x | |
| Bitget PYPLUSDT | 0.0000% | 8h | 52.610 | −0.171% | $78K | $10K | 20x | as long as short |
| HTX PYPL-USDT | 0.0000% | 8h | 52.680 | −0.038% | $7K | $16K | 10x | as long as short |
Injective PYPL/USDC PERP
Binance PYPLUSDT
Bybit PYPLUSDT
OKX PYPL-USDT-SWAP
Bitget PYPLUSDT
HTX PYPL-USDT