ArbiLayer

PYPL arbitrage

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Live Paypal Holdings (Dinari Tokenized Stock) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.11%Bybit → Binance · Perp–Perp
Best perp–perp spread+0.05%Bybit → Binance
Markets tracked66 venues · 6 perp · 0 spot · 0 DEX
Price range0.14%$54.89 – $54.96

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$54.92Binance logoBinance$54.95 +0.05%-0.11% +0.06%— +0.002%— LS Chart →
Gate logoGate$54.92Binance logoBinance$54.95 +0.05%-0.11% +0.06%— +0.002%— LS Chart →
Bybit logoBybit$54.92Bitget logoBitget$54.94 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Gate logoGate$54.92Bitget logoBitget$54.94 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bybit logoBybit$54.92OKX logoOKX$54.93 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Gate logoGate$54.92OKX logoOKX$54.93 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bybit logoBybit$54.92Gate logoGate$54.91 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
OKX logoOKX$54.97Binance logoBinance$54.95 -0.04%-0.20% -0.04%— +0.002%— LS Chart →
Bitget logoBitget$54.98Binance logoBinance$54.95 -0.05%-0.21% -0.05%— +0.002%— LS Chart →
Binance logoBinance$54.97Bitget logoBitget$54.94 -0.05%-0.21% -0.06%— -0.002%— LS Chart →
OKX logoOKX$54.97Bitget logoBitget$54.94 -0.05%-0.21% -0.05%— 0.000%— LS Chart →
Binance logoBinance$54.97OKX logoOKX$54.93 -0.07%-0.23% -0.07%— -0.002%— LS Chart →
Bitget logoBitget$54.98OKX logoOKX$54.93 -0.09%-0.25% -0.09%— 0.000%— LS Chart →
Binance logoBinance$54.97Gate logoGate$54.91 -0.11%-0.27% -0.11%— -0.002%— LS Chart →
OKX logoOKX$54.97Gate logoGate$54.91 -0.11%-0.27% -0.11%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PYPL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
HTX logoHTXPerpetual · PYPL-USDTPerpetual $54.64$55.21$54.93-0.02% 0.000%$42.7K
Bybit logoBybitPerpetual · PYPLUSDTPerpetual $54.85$54.92$54.89-0.10% 0.000%$21.0K
OKX logoOKXPerpetual · PYPL-USDT-SWAPPerpetual $54.93$54.97$54.95+0.02% 0.000%$13.4K
Bitget logoBitgetPerpetual · PYPLUSDTPerpetual $54.94$54.98$54.96+0.04% 0.000%$11.7K
Gate logoGatePerpetual · PYPL_USDTPerpetual $54.91$54.92$54.92-0.04% 0.000%$471
Binance logoBinancePerpetual · PYPLUSDTPerpetual $54.95$54.97$54.96+0.04% +0.002%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PYPL arbitrage explained

Right now Paypal Holdings (Dinari Tokenized Stock) (PYPL) trades on 6 venues we scan: 6 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $54.92 and the highest bid on Binance perp at $54.95.

The widest PYPL perpetual spread is between Bybit and Binance: long PYPL on Bybit at $54.92 and short on Binance at $54.95 for +0.05% gross, or -0.11% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.002% per day, which the position collects while it is open.

Small PYPL gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: PYPL funding rates · PYPL spread charts · Paypal Holdings (Dinari Tokenized Stock) price · arbitrage scanner for all coins.

Is there a PYPL arbitrage opportunity right now?

The best PYPL route right now is to buy on Bybit → sell on Binance (Perp–Perp): +0.05% gross and -0.11% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PYPL?

Bybit (perp) has the lowest PYPL ask at $54.92, and Binance (perp) the highest bid at $54.95. Prices update every 15 seconds on this page.

How many exchanges list PYPL?

ArbiLayer tracks 6 PYPL markets on 6 venues: 6 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage PYPL without transferring coins?

Use two perpetual contracts: go long PYPL on the cheaper exchange (Bybit now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

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