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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0668%/8h= −73.1% APRnext payment $6.68 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against Binance−0.402%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.402% cheaper against Binance than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PATHUSDT13.6800.0668pay 0.0668% / 8h4h 56m$67K$176K20x
ShortBitget PATHUSDT13.6250get 0.0000% / 8h4h 56m$22K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$140.28
Price spread: −0.402% → 0.000%
−$40.2
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$202.48
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 5 min ago; 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 Binance live order book, 5 min ago7.30 bp38.0 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Bitget no order-book sample
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.

PATH on 7 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
Bybit PATHUSDT0.0000%8h13.660−0.146%$54K$128K25xas long as short
Gate PATH_USDT0.0000%8h13.656−0.175%$6K$11K20xas long as short
Bitget PATHUSDTshort0.0000%8h13.625−0.402%$22K$29K20x
SunX PATH-USDT0.0000%8h13.6800.000%$1.7M10xas long as short
HTX PATH-USDT0.0000%8h13.630−0.365%$2K$271K20xas long as short
Phemex PATHUSDT0.0000%8h13.6800.000%$10K$15K10xas long as short
Binance PATHUSDTlong+0.0668%8h13.680long leg$67K$176K20x