Funding you earn now, next payment 12:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h —
Price spread now: edgeX against Phemex+0.101%78s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.101% dearer against Phemex than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Phemex PATHUSDT | 13.730 | 0 | get 0.0000% / 8h | 7h 22m | $11K | $16K | 10x |
| Short | edgeX PATHUSDC | 13.744 | 0.0176 | get 0.0088% / 4h | 3h 22m | — | $31K | 10x |
Phemex PATHUSDT
edgeX PATHUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $37.04
- Price spread: +0.101% → 0.000%
- $10.13
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $26.18
- Costs to cover
- 0.210%
- Break-even
- 2.1 days
Slippage unknown: Phemex: no order-book sample; 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 Phemex no order-book sample | — | — | — | — | — |
| Sell edgeX no order-book sample | — | — | — | — | — |
Phemex and 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 8 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 | 13.750 | +0.146% | $51K | $165K | 25x | as long as short |
| Gate PATH_USDT | 0.0000% | 8h | 13.730 | 0.000% | $6K | $14K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.698 | −0.233% | $18K | $29K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.740 | +0.073% | — | $1.8M | 10x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.750 | +0.146% | $2K | $254K | 20x | as long as short |
| Phemex PATHUSDTlong | 0.0000% | 8h | 13.730 | long leg | $11K | $16K | 10x | |
| edgeX PATHUSDCshort | +0.0176% | 4h | 13.744 | +0.101% | — | $31K | 10x | |
| Binance PATHUSDT | +0.0456% | 8h | 13.740 | +0.073% | $66K | $192K | 20x | as long as short |
Bybit PATHUSDT
Gate PATH_USDT
Bitget PATHUSDT
SunX PATH-USDT
HTX PATH-USDT
Binance PATHUSDT