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: Bitget against HTX−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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PYPL-USDT52.6600get 0.0000% / 8h1h 42m$7K$19K10x
ShortBitget PYPLUSDT52.6500get 0.0000% / 8h1h 42m$78K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$25.9
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bitget: 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 HTX no order-book sample
Sell Bitget no order-book sample
HTX and 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
edgeX PYPLUSDC−0.0324%4h52.651−0.018%$28K$249K10xas long as short
Injective PYPL/USDC PERP−0.0220%1h52.110−1.044%$7K$22K12xas long as short
Binance PYPLUSDT0.0000%8h52.653−0.014%$280K$200K20xas long as short
Bybit PYPLUSDT0.0000%8h52.650−0.019%$371K$44K25xas long as short
OKX PYPL-USDT-SWAP0.0000%8h52.720+0.114%$114K$40K20xas long as short
Gate PYPL_USDT0.0000%8h52.690+0.057%$36K$2K20xas long as short
Bitget PYPLUSDTshort0.0000%8h52.650−0.019%$78K$10K20x
HTX PYPL-USDTlong0.0000%8h52.660long leg$7K$19K10x