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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h
Price spread now: BloFin against Binance+0.145%101s7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.145% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PATHUSDT13.8100.1922pay 0.1922% / 8h4h 11m$69K$189K20x
ShortBloFin PATH-USDT13.8300.1952get 0.1952% / 8h4h 11m$29K$81620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.18
Price spread: +0.145% → 0.000%
$14.48
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.34
Costs to cover
0.220%
Break-even
8.5 days
Slippage unknown: Binance: live order book, 73 min ago; BloFin: 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, 73 min ago3.63 bp49.1 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PATH_USDT0.0000%8h13.780−0.217%$6K$14K20xas long as short
Bitget PATHUSDT0.0000%8h13.829+0.138%$20K$21K20xas long as short
HTX PATH-USDT0.0000%8h13.820+0.072%$2K$251K20xas long as short
Phemex PATHUSDT0.0000%8h13.820+0.072%$12K$16K10xas long as short
Bybit PATHUSDT+0.0232%8h13.830+0.145%$53K$129K25xas long as short
edgeX PATHUSDC+0.0403%4h13.811+0.007%$62K10xas long as short
SunX PATH-USDT+0.0611%8h13.8100.000%$1.7M10xas long as short
Binance PATHUSDTlong+0.1922%8h13.810long leg$69K$189K20x
BloFin PATH-USDTshort+0.1952%8h13.830+0.145%$29K$81620x