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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0089%/8h= −9.8% APRnext payment $0.89 per $10,000 · paid last 24h −0.052%
Price spread now: HTX against Binance+0.147%7-day average +0.022% · 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)−0.052%−$5 on $10k
Price spread, last 2 days (all we have)−0.125%−$13 · spread now +0.147%, 7d avg +0.022%
Together, before fees−0.177%−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.125% dearer against Binance than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of +0.022%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PATHUSDT13.6500.0089pay 0.0089% / 8h2h 01m$63K$185K20x
ShortHTX PATH-USDT13.6700get 0.0000% / 8h2h 01m$2K$263K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$18.79
Price spread: +0.147% → +0.022%
$12.45
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$28.34
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 30 min ago; HTX: live order book, 46 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 Binance live order book, 30 min ago7.34 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 46 min ago58.65 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%8h13.670+0.147%$53K$154K25xas long as short
Gate PATH_USDT0.0000%8h13.634−0.117%$6K$12K20xas long as short
Bitget PATHUSDT0.0000%8h13.624−0.190%$17K$30K20xas long as short
SunX PATH-USDT0.0000%8h13.660+0.073%$1.8M10xas long as short
HTX PATH-USDTshort0.0000%8h13.670+0.147%$2K$263K20x
Phemex PATHUSDT0.0000%8h13.640−0.073%$11K$16K10xas long as short
Binance PATHUSDTlong+0.0089%8h13.650long leg$63K$185K20x