Funding you earn now, next payment 12:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.003%
Price spread now: edgeX against OKX−0.247%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2122.118% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.247%, 7d avg −0.149%
=Together, before fees−0.114%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.098% cheaper against OKX than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.149%). If the spread goes back, that is −$10 on $10k: about 3.1 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PYPL-USDT-SWAP | 52.960 | 0 | get 0.0000% / 8h | 6h 19m | $117K | $41K | 20x |
| Short | edgeX PYPLUSDC | 52.829 | 0.0105 | get 0.0052% / 4h | 2h 19m | $28K | $249K | 10x |
OKX PYPL-USDT-SWAP
edgeX PYPLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $22
- Price spread: −0.247% → −0.149%
- −$9.8
- Slippage, 4 orders
- −$192.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$199.57
- Costs to cover
- 2.118%
- Break-even
- 70.5 days
Slippage from OKX: live order book, 28 min ago; edgeX: live order book, 31 min ago.
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 OKX live order book, 28 min ago | 8.52 bp | 80.9 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 min ago | 11.37 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
PYPL on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PYPLUSDT | 0.0000% | 8h | 52.820 | −0.264% | $282K | $196K | 20x | as long as short |
| Bybit PYPLUSDT | 0.0000% | 8h | 52.800 | −0.302% | $370K | $51K | 25x | as long as short |
| OKX PYPL-USDT-SWAPlong | 0.0000% | 8h | 52.960 | long leg | $117K | $41K | 20x | |
| Gate PYPL_USDT | 0.0000% | 8h | 52.770 | −0.359% | $36K | $2K | 20x | as long as short |
| Bitget PYPLUSDT | 0.0000% | 8h | 52.790 | −0.321% | $78K | $9K | 20x | as long as short |
| HTX PYPL-USDT | 0.0000% | 8h | 52.840 | −0.227% | $7K | $21K | 10x | as long as short |
| Injective PYPL/USDC PERP | +0.0033% | 1h | 52.240 | −1.360% | $7K | $22K | 12x | as long as short |
| edgeX PYPLUSDCshort | +0.0105% | 4h | 52.829 | −0.247% | $28K | $249K | 10x |
Binance PYPLUSDT
Bybit PYPLUSDT
Gate PYPL_USDT
Bitget PYPLUSDT
HTX PYPL-USDT
Injective PYPL/USDC PERP