PATH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPATH2USD-USDT	12.430	+0.1476	pay 0.1476% / 8h	2h 33m	$298K	$1.2M	—	Long BingX
SHORT	edgeXPATHUSDC	12.416	−0.0804	pay 0.0402% / 4h	2h 33m	$3K	$211K	10x	Short edgeX

Price gap−0.112%

Funding gap−0.2280% /8h

Both sides work against this direction now: funding costs $68 a day on $10k and the gap is 0.045% 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−$56−0.2280% /8h now · paid −0.564% over the last 7D

Price−$4spread −0.112% now, avg −0.068% → −0.045% if it goes back

Costs−$1781.781% of $10k · taker + slippage, in and out

Result−$239−2.39%+ Points / potential airdropedgeX: points · farm boardWhat 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 −0.564% in total, about −0.0268%/8h on average.

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.112%

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 · 5 to watch

Watch: Thin at this size34.5 / 67.2 bp
At $10k entering edgeX costs 67.2 bp, fee and slippage, 1.9× BingX’s.
Note: Margin at max leverage— + $1,000
BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$68.40Long BingX: 3 payments, −$44.28; short edgeX: 6 payments, −$24.12.
Watch: Gap narrower than usual−0.112% vs −0.068%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$3K vs $298K OI
edgeX sets your exit cost. Check its book before closing.
OK: Points on a legedgeX points
Volume here counts toward the points program.
Watch: KYCBingX Yes · edgeX No
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−0.0268%/8h × 21 periods−$56.35

Price spread−0.112% → −0.068% (7d avg)−$4.46

Slippage, 4 orderslive order books−$159.10

Fee BingX bp × 2 orders−$10.00

Fee edgeX bp × 2 orders−$9.00

Net · 7 days · $10k−$238.91

Costs to cover1.781%Break-evennever at this rate

Slippage: BingX: live order book, 2 min ago; edgeX: live order book, 32 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX28.1534.5 bp−$3581.3 bp−$813389.9 bp−$39.0Kdoesn’t fit

SELL · SHORTedgeX20.0667.2 bp−$67doesn’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