Funding you earn now, next payment 08:00 UTC+0.0777%/8h= +85.1% APRnext payment +$7.77 per $10,000 · paid last 24h +0.052%
Price spread now: Binance against Gate+0.160%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Binance is 0.160% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PATH_USDT | 13.653 | 0 | get 0.0000% / 8h | 5h 21m | $6K | $11K | 20x |
| Short | Binance PATHUSDT | 13.675 | 0.0777 | get 0.0777% / 8h | 5h 21m | $67K | $175K | 20x |
Gate PATH_USDT
Binance PATHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $163.18
- Price spread: +0.160% → 0.000%
- $16.04
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $154.22
- Costs to cover
- 0.250%
- Break-even
- 0.4 days
Slippage unknown: Gate: no order-book sample; Binance: live order book, 55 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 55 min ago | 3.65 bp | 75.2 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
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 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 PATHUSDT | 0.0000% | 8h | 13.710 | +0.417% | $54K | $128K | 25x | as long as short |
| Gate PATH_USDTlong | 0.0000% | 8h | 13.653 | long leg | $6K | $11K | 20x | |
| Bitget PATHUSDT | 0.0000% | 8h | 13.617 | −0.264% | $22K | $29K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.670 | +0.125% | — | $1.7M | 10x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.680 | +0.198% | $2K | $272K | 20x | as long as short |
| Phemex PATHUSDT | 0.0000% | 8h | 13.660 | +0.051% | $10K | $15K | 10x | as long as short |
| Binance PATHUSDTshort | +0.0777% | 8h | 13.675 | +0.160% | $67K | $175K | 20x |
Bybit PATHUSDT
Bitget PATHUSDT
SunX PATH-USDT
HTX PATH-USDT
Phemex PATHUSDT