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 SunX0.000%7-day average +0.051% · 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)−0.074%−$7 · spread now 0.000%, 7d avg +0.051%
Together, before fees−0.065%−$7 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 0.051% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PATH-USDT13.6900get 0.0000% / 8h7h 21m$1.7M10x
ShortBybit PATHUSDT13.6900get 0.0000% / 8h7h 21m$59K$124K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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: 0.000% → +0.051%
−$5.1
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$24.1
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Bybit: live order book, 33 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 SunX live order book, 4 min ago36.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 33 min ago43.67 bp161.8 bp −$162doesn'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%8h13.6900.000%$59K$124K25x
Gate PATH_USDT0.0000%8h13.657−0.241%$6K$9K20xas long as short
Bitget PATHUSDT0.0000%8h13.652−0.278%$23K$29K20xas long as short
SunX PATH-USDTlong0.0000%8h13.690long leg$1.7M10x
HTX PATH-USDT0.0000%8h13.710+0.146%$2K$278K20xas long as short
Phemex PATHUSDT0.0000%8h13.700+0.073%$10K$15K10xas long as short
Binance PATHUSDT+0.0791%8h13.6900.000%$67K$174K20xas long as short