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

PYPL

RWAall PYPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PYPL-USDT-SWAP52.8000get 0.0000% / 8h7h 19m$115K$39K20x
ShortGate PYPL_USDT52.7900get 0.0000% / 8h7h 19m$36K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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%
−$1.89
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$26.89
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 10 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 OKX live order book, 10 min ago6.63 bp57.6 bp −$58doesn'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%1h52.150−1.231%$7K$22K12xas long as short
edgeX PYPLUSDC−0.0027%4h52.720−0.151%$28K$249K10xas long as short
Binance PYPLUSDT0.0000%8h52.750−0.095%$280K$198K20xas long as short
Bybit PYPLUSDT0.0000%8h52.720−0.152%$371K$44K25xas long as short
OKX PYPL-USDT-SWAPlong0.0000%8h52.800long leg$115K$39K20x
Gate PYPL_USDTshort0.0000%8h52.790−0.019%$36K$2K20x
Bitget PYPLUSDT0.0000%8h52.660−0.265%$78K$10K20xas long as short
HTX PYPL-USDT0.0000%8h52.730−0.133%$7K$21K10xas long as short