Settings8H · net · $10k
Funding arb · Price arb /

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against HTX+0.073%7-day average −0.085% · you sell dearer than you buy
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 1 day (all we have)+0.009%+$1 on $10k
Price spread, last 18 hours (all we have)−0.194%−$19 · spread now +0.073%, 7d avg −0.085%
Together, before fees−0.186%−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.158% dearer against HTX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PATH-USDT13.6200get 0.0000% / 8h2h 32m$2K$264K20x
ShortBybit PATHUSDT13.6300get 0.0000% / 8h2h 32m$53K$154K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$0
Price spread: +0.073% → −0.085%
$15.84
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$7.16
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 15 min ago; Bybit: live order book, 63 min ago. 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 HTX live order book, 15 min ago58.65 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 63 min ago47.60 bp146.2 bp −$146doesn't fitdoesn't fitdoesn't fit

PATH on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PATHUSDTshort0.0000%8h13.630+0.073%$53K$154K25x
Gate PATH_USDT0.0000%8h13.621+0.007%$6K$12K20xas long as short
Bitget PATHUSDT0.0000%8h13.612−0.059%$17K$32K20xas long as short
SunX PATH-USDT0.0000%8h13.610−0.073%$1.8M10xas long as short
HTX PATH-USDTlong0.0000%8h13.620long leg$2K$264K20x
Phemex PATHUSDT0.0000%8h13.6200.000%$11K$16K10xas long as short
Binance PATHUSDT+0.0195%8h13.620+0.003%$63K$185K20xas long as short