Funding you earn now, next payment 16:00 UTC+0.0406%/8h= +44.5% APRnext payment +$4.06 per $10,000 · paid last 24h +0.069%
Price spread now: Binance against HTX−0.139%7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)+0.069%+$7 on $10k
+Price spread, last 2 days (all we have)+0.084%+$8 · spread now −0.139%, 7d avg −0.023%
=Funding pays, the price is against you. Binance is 0.116% cheaper against HTX than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of −0.023%). If the spread goes back, that is −$12 on $10k: about 23 hours of funding at the current rate (+$12 a day). At the pace of the last 2 days (+0.069% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid 0.069% in total (about 10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.06 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PATH-USDT | 13.780 | 0 | get 0.0000% / 8h | 6h 21m | $2K | $252K | 20x |
| Short | Binance PATHUSDT | 13.761 | 0.0406 | get 0.0406% / 8h | 6h 21m | $64K | $192K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $85.29
- Price spread: −0.139% → −0.023%
- −$11.56
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $51.73
- Costs to cover
- 0.220%
- Break-even
- 2.8 days
Slippage unknown: HTX: live order book, 27 min ago; Binance: live order book, 17 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 HTX live order book, 27 min ago | 47.39 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 10.90 bp | 64.5 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
PATH on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PATHUSDC | −0.0630% | 4h | 13.750 | −0.215% | — | $41K | 10x | as long as short |
| Bybit PATHUSDT | 0.0000% | 8h | 13.820 | +0.290% | $52K | $167K | 25x | as long as short |
| Gate PATH_USDT | 0.0000% | 8h | 13.743 | −0.269% | $6K | $14K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.727 | −0.385% | $18K | $28K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.750 | −0.218% | — | $1.8M | 10x | as long as short |
| HTX PATH-USDTlong | 0.0000% | 8h | 13.780 | long leg | $2K | $252K | 20x | |
| Phemex PATHUSDT | 0.0000% | 8h | 13.770 | −0.073% | $11K | $16K | 10x | as long as short |
| Binance PATHUSDTshort | +0.0406% | 8h | 13.761 | −0.139% | $64K | $192K | 20x |
HTX PATH-USDT
Binance PATHUSDT
edgeX PATHUSDC
Bybit PATHUSDT
Gate PATH_USDT
Bitget PATHUSDT
SunX PATH-USDT
Phemex PATHUSDT