Funding arb · Price arb /

PATH

RWAall PATH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0368%/8h= +40.3% APRpaid last 24h —

Price spread now: edgeX against HTX−0.029%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 hours (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.029% cheaper against HTX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PATH-USDT	13.830	0	get 0.0000% / 8h	4h 52m	$2K	$251K	20x
Short	edgeX PATHUSDC	13.826	0.0368	get 0.0184% / 4h	52m 43s	—	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $77.35
Price spread: −0.029% → 0.000%: −$2.89
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $53.45
Costs to cover: 0.210%
Break-even: 2.2 days

Slippage unknown: HTX: live order book, 52 min ago; edgeX: 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 HTX live order book, 52 min ago	50.80 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell edgeX no order-book sample	—	—	—	—	—

edgeX: 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
Bybit PATHUSDT	0.0000%	8h	13.830	0.000%	$52K	$150K	25x	as long as short
Gate PATH_USDT	0.0000%	8h	13.780	−0.362%	$6K	$14K	20x	as long as short
Bitget PATHUSDT	0.0000%	8h	13.831	+0.007%	$20K	$27K	20x	as long as short
HTX PATH-USDTlong	0.0000%	8h	13.830	long leg	$2K	$251K	20x
Phemex PATHUSDT	0.0000%	8h	13.820	−0.072%	$12K	$16K	10x	as long as short
edgeX PATHUSDCshort	+0.0368%	4h	13.826	−0.029%	—	$55K	10x
SunX PATH-USDT	+0.0475%	8h	13.820	−0.072%	—	$1.7M	10x	as long as short
BloFin PATH-USDT	+0.1470%	8h	13.810	−0.145%	$29K	$492	20x	as long as short
Binance PATHUSDT	+0.1515%	8h	13.820	−0.072%	$68K	$194K	20x	as long as short