PATH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPATH2USD-USDT	12.490	+0.1138	pay 0.1138% / 8h	3h 04m	$298K	$1.2M	—	Long BingX
SHORT	BinancePATHUSDT	12.480	0	0.0000% / 8h	3h 04m	$108K	$83K	20x	Short Binance

Price gap−0.080%

Funding gap−0.1138% /8h

Both sides work against this direction now: funding costs $34 a day on $10k and the gap is 0.024% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$32−0.1138% /8h now · paid −0.323% over the last 7D

Price−$2spread −0.080% now, avg −0.056% → −0.024% if it goes back

Costs−$2322.317% of $10k · taker + slippage, in and out

Result−$266−2.66%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.323% in total, about −0.0154%/8h on average.

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.080%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PATH on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size26.7 / 65.8 bp
At $10k entering Binance costs 65.8 bp, fee and slippage, 2.5× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$34.14Long BingX: 3 payments, −$34.14; short Binance: 3 payments, $0.00.
Watch: Gap narrower than usual−0.080% vs −0.056%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$108K vs $298K OI
Binance sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Binance Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0154%/8h × 21 periods−$32.27

Price spread−0.080% → −0.056% (7d avg)−$2.43

Slippage, 4 orderslive order books−$213.65

Fee BingX bp × 2 orders−$10.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$266.35

Costs to cover2.317%Break-evennever at this rate

Slippage: BingX: live order book, 2 min ago; Binance: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX20.0226.7 bp−$2776.7 bp−$767443.9 bp−$44.4Kdoesn’t fit

SELL · SHORTBinance8.0265.8 bp−$66doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

PATH news

posts that mention PATH, from every exchangeSearch all news →

09-22 13:38	Phemex	Listing	Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗
09-22 10:08	BloFin	Listing	new market PATH-USDT ($PATH) seen by our collector
09-22 09:54	BloFin	Listing	BloFin Futures will list the $PATH-USDT & $CYPH-USDT Perpetual Contracts 🔥 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗
09-22 06:52	edgeX	Listing	new market PATHUSDC ($PATH) seen by our collector
09-22 06:08	edgeX	Listing	New TradFi Perp Listing on edgeX $CYPH Privacy technology company with a Zcash treasury. $PATH Enterprise robotic process automation software. $TEAM Team collaboration and software development tools provider. Trade to Earn Mystery Box @edgeX_exchange on X ↗
09-21 09:39	Bybit	Listing	new market PATHUSDT ($PATH) seen by our collector