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−0.1952%/8h= −213.7% APRnext payment $19.52 per $10,000 · paid last 24h
Price spread now: Gate against BloFin−0.362%93s7-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
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and Gate is 0.362% cheaper against BloFin than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PATH-USDT13.8300.1952pay 0.1952% / 8h4h 11m$29K$81620x
ShortGate PATH_USDT13.7800get 0.0000% / 8h4h 11m$6K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$409.9
Price spread: −0.362% → 0.000%
−$36.15
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$473.05
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: no order-book sample. 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 Gate no order-book sample
BloFin and Gate: 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_USDTshort0.0000%8h13.780−0.362%$6K$14K20x
Bitget PATHUSDT0.0000%8h13.829−0.007%$20K$21K20xas long as short
HTX PATH-USDT0.0000%8h13.820−0.072%$2K$251K20xas long as short
Phemex PATHUSDT0.0000%8h13.820−0.072%$12K$16K10xas long as short
Bybit PATHUSDT+0.0232%8h13.8300.000%$53K$129K25xas long as short
edgeX PATHUSDC+0.0403%4h13.811−0.137%$62K10xas long as short
SunX PATH-USDT+0.0611%8h13.810−0.145%$1.7M10xas long as short
Binance PATHUSDT+0.1922%8h13.810−0.145%$69K$189K20xas long as short
BloFin PATH-USDTlong+0.1952%8h13.830long leg$29K$81620x