Funding you earn now, next payment 00:00 UTC−0.0545%/8h= −59.6% APRnext payment −$5.45 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.093% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PATHUSDT | 13.670 | 0.0545 | pay 0.0545% / 8h | 1h 01m | $66K | $195K | 20x |
| Short | Gate PATH_USDT | 13.657 | 0 | get 0.0000% / 8h | 1h 01m | $6K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$114.39
- Price spread: −0.093% → 0.000%
- −$9.28
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$148.67
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 60 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 60 min ago | 7.31 bp | 61.1 bp −$61 | doesn't fit | doesn't fit | doesn'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.
PATH on 7 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PATHUSDT | 0.0000% | 8h | 13.720 | +0.368% | $57K | $122K | 25x | as long as short |
| Gate PATH_USDTshort | 0.0000% | 8h | 13.657 | −0.093% | $6K | $9K | 20x | |
| Bitget PATHUSDT | 0.0000% | 8h | 13.636 | −0.246% | $22K | $36K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.660 | −0.071% | — | $1.8M | 10x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.670 | +0.002% | $2K | $282K | 20x | as long as short |
| Phemex PATHUSDT | 0.0000% | 8h | 13.680 | +0.075% | $10K | $16K | 10x | as long as short |
| Binance PATHUSDTlong | +0.0545% | 8h | 13.670 | long leg | $66K | $195K | 20x |
Binance PATHUSDT
Gate PATH_USDT
Bybit PATHUSDT
Bitget PATHUSDT
SunX PATH-USDT
HTX PATH-USDT
Phemex PATHUSDT