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−0.0239%/8h= −26.2% APRpaid last 24h −0.011%
Price spread now: edgeX 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 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: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PYPL-USDT52.6500get 0.0000% / 8h2h 16m$7K$18K10x
ShortedgeX PYPLUSDC52.640−0.0239pay 0.0120% / 4h2h 16m$28K$248K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$50.25
Price spread: −0.019% → 0.000%
−$1.87
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$73.12
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; edgeX: live order book, 30 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 HTX no order-book sample
Sell edgeX live order book, 30 min ago8.55 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
HTX: 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 PYPLUSDCshort−0.0239%4h52.640−0.019%$28K$248K10x
Injective PYPL/USDC PERP−0.0220%1h52.110−1.026%$7K$22K12xas long as short
Binance PYPLUSDT0.0000%8h52.6500.000%$290K$191K20xas long as short
Bybit PYPLUSDT0.0000%8h52.660+0.019%$371K$44K25xas long as short
OKX PYPL-USDT-SWAP0.0000%8h52.690+0.076%$114K$40K20xas long as short
Gate PYPL_USDT0.0000%8h52.630−0.038%$36K$2K20xas long as short
Bitget PYPLUSDT0.0000%8h52.630−0.038%$78K$10K20xas long as short
HTX PYPL-USDTlong0.0000%8h52.650long leg$7K$18K10x