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 0.000%
Price spread now: HTX against SunX+0.146%7-day average +0.095% · 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 2 days (all we have)0.000%$0 on $10k
Price spread, last 2 days (all we have)−0.073%−$7 · spread now +0.146%, 7d avg +0.095%
Together, before fees−0.073%−$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: HTX is 0.052% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PATH-USDT13.6800get 0.0000% / 8h6h 49m$1.7M10x
ShortHTX PATH-USDT13.7000get 0.0000% / 8h6h 49m$2K$275K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.146% → +0.095%
$5.17
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.83
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; HTX: live order book, 18 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, 6 min ago32.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 18 min ago72.89 bpdoesn't fitdoesn'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 PATHUSDT0.0000%8h13.660−0.146%$54K$128K25xas long as short
Gate PATH_USDT0.0000%8h13.656−0.175%$6K$10K20xas long as short
Bitget PATHUSDT0.0000%8h13.615−0.475%$23K$29K20xas long as short
SunX PATH-USDTlong0.0000%8h13.680long leg$1.7M10x
HTX PATH-USDTshort0.0000%8h13.700+0.146%$2K$275K20x
Phemex PATHUSDT0.0000%8h13.6800.000%$10K$15K10xas long as short
Binance PATHUSDT+0.0938%8h13.6800.000%$67K$174K20xas long as short