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

PATH

RWAall PATH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0514%/8h= −56.3% APRnext payment $5.14 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance−0.070%7-day average −0.076% · 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 2 days (all we have)0.000%$0 on $10k
Price spread, last 2 days (all we have)+0.018%+$2 · spread now −0.070%, 7d avg −0.076%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PATHUSDT13.6700.0514pay 0.0514% / 8h7m 02s$66K$195K20x
ShortSunX PATH-USDT13.6600get 0.0000% / 8h7m 02s$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$108
Price spread: −0.070% → −0.076%
$0.58
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$125.42
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 39 min ago; SunX: live order book, 9 min ago. 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, 39 min ago7.32 bp56.8 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago36.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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%8h13.710+0.295%$57K$123K25xas long as short
Gate PATH_USDT0.0000%8h13.647−0.166%$6K$10K20xas long as short
Bitget PATHUSDT0.0000%8h13.650−0.144%$22K$32K20xas long as short
SunX PATH-USDTshort0.0000%8h13.660−0.070%$1.8M10x
HTX PATH-USDT0.0000%8h13.670+0.003%$2K$280K20xas long as short
Phemex PATHUSDT0.0000%8h13.670+0.003%$10K$16K10xas long as short
Binance PATHUSDTlong+0.0514%8h13.670long leg$66K$195K20x