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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h
Price spread now: Binance against BloFin−0.217%7-day average · 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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.217% cheaper against BloFin than usual: you would sell low and buy high (spread −0.217% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 29 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PATH-USDT13.8500.1784pay 0.1784% / 8h4h 32m$29K$61620x
ShortBinance PATHUSDT13.8200.1809get 0.1809% / 8h4h 32m$68K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$5.28
Price spread: −0.217% → 0.000%
−$21.66
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$38.38
Costs to cover
0.220%
Break-even
57.9 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 52 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 BloFin no order-book sample
Sell Binance live order book, 52 min ago3.63 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit
BloFin: 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 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PATH_USDT0.0000%8h13.788−0.448%$6K$14K20xas long as short
Bitget PATHUSDT0.0000%8h13.777−0.527%$19K$22K20xas long as short
HTX PATH-USDT0.0000%8h13.830−0.144%$2K$251K20xas long as short
Phemex PATHUSDT0.0000%8h13.810−0.289%$12K$16K10xas long as short
edgeX PATHUSDC+0.0041%4h13.826−0.173%$59K10xas long as short
Bybit PATHUSDT+0.0257%8h13.830−0.144%$53K$135K25xas long as short
SunX PATH-USDT+0.0737%8h13.820−0.217%$1.8M10xas long as short
BloFin PATH-USDTlong+0.1784%8h13.850long leg$29K$61620x
Binance PATHUSDTshort+0.1809%8h13.820−0.217%$68K$194K20x