Funding you earn now, next payment 12:00 UTC−0.0221%/8h= −24.2% APRpaid last 24h −0.053%
Price spread now: Phemex against edgeX+0.076%78s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phemex is 0.076% dearer against edgeX than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 28 hours. The two prices were read 78 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 | edgeX PATHUSDC | 13.310 | 0.0221 | pay 0.0110% / 4h | 2h 10m | $752 | $281K | 10x |
| Short | Phemex PATHUSDT | 13.320 | 0 | get 0.0000% / 8h | 6h 10m | $25K | $29K | 10x |
edgeX PATHUSDC
Phemex PATHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$46.36
- Price spread: +0.076% → 0.000%
- $7.62
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$59.74
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 37 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 edgeX live order book, 37 min ago | 11.27 bp | 34.8 bp −$35 | 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 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PATHUSDT | 0.0000% | 8h | 13.310 | −0.001% | $92K | $361K | 20x | as long as short |
| Bybit PATHUSDT | 0.0000% | 8h | 13.320 | +0.076% | $64K | $71K | 25x | as long as short |
| Gate PATH_USDT | 0.0000% | 8h | 13.312 | +0.016% | $6K | $3K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.288 | −0.164% | $13K | $46K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.300 | −0.074% | — | $1.9M | 10x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.310 | +0.001% | $2K | $238K | 20x | as long as short |
| Phemex PATHUSDTshort | 0.0000% | 8h | 13.320 | +0.076% | $25K | $29K | 10x | |
| BloFin PATH-USDT | +0.0025% | 8h | 13.290 | −0.149% | $30K | $14K | 20x | as long as short |
| edgeX PATHUSDClong | +0.0221% | 4h | 13.310 | long leg | $752 | $281K | 10x |
Binance PATHUSDT
Bybit PATHUSDT
Gate PATH_USDT
Bitget PATHUSDT
SunX PATH-USDT
HTX PATH-USDT
BloFin PATH-USDT