Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Phemex against Bybit+0.293%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 23 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.293% dearer against Bybit than usual: you sell high and buy low, +$29 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PATHUSDT | 13.640 | 0 | get 0.0000% / 8h | 1h 22m | $57K | $122K | 25x |
| Short | Phemex PATHUSDT | 13.680 | 0 | get 0.0000% / 8h | 1h 22m | $10K | $17K | 10x |
Bybit PATHUSDT
Phemex PATHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.293% → 0.000%
- $29.33
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $6.33
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 51 min ago; Phemex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 51 min ago | 14.60 bp | 103.2 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex no order-book sample | — | — | — | — | — |
Phemex: 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 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PATHUSDTlong | 0.0000% | 8h | 13.640 | long leg | $57K | $122K | 25x | |
| Gate PATH_USDT | 0.0000% | 8h | 13.650 | +0.073% | $6K | $9K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.629 | −0.081% | $22K | $36K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.670 | +0.220% | — | $1.8M | 10x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.680 | +0.293% | $2K | $283K | 20x | as long as short |
| Phemex PATHUSDTshort | 0.0000% | 8h | 13.680 | +0.293% | $10K | $17K | 10x | |
| Binance PATHUSDT | +0.0542% | 8h | 13.670 | +0.220% | $65K | $201K | 20x | as long as short |
Gate PATH_USDT
Bitget PATHUSDT
SunX PATH-USDT
HTX PATH-USDT
Binance PATHUSDT