PATH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPATH2USD-USDT	13.330	+0.0050	pay 0.0050% / 8h	3h 37m	$298K	$1.2M	—	Long BingX
SHORT	PhemexPATHUSDT	13.320	0	0.0000% / 8h	3h 37m	$87K	$20K	10x	Short Phemex

Price gap−0.075%

Funding gap−0.0050% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.075% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

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

Funding−$65−0.0050% /8h now · paid −0.648% over the last 7D

Price—spread −0.075% now · no price history on both exchanges yet

Costsno datano order book for Phemex

Result, before costs—no pointsneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.075%

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 · 2 to watch

Note: Order book unknown—
No order-book sample for Phemex: its slippage is not counted.
Note: Margin at max leverage— + $1,000
BingX —, Phemex 10x. 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: −$1.50Long BingX: 3 payments, −$1.50; short Phemex: 3 payments, $0.00.
Note: No 7-day spread history−0.075%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$87K vs $298K OI
Phemex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Phemex 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−0.0309%/8h × 21 periods−$64.80

Price spread−0.075% → 0−$7.50

Slippage, 4 ordersno data for Phemex—

Fee BingX bp × 2 orders−$10.00

Fee Phemex bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$94.30

Costs to cover0.220%Break-evennever at this rate

Slippage: BingX: live order book, 9 min ago; Phemex: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX18.7324.3 bp−$2463.2 bp−$632365.9 bp−$36.6Kdoesn’t fit

SELL · SHORTPhemex—————

Closing costs about the same again.
Phemex: no data.

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