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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: HTX against Bybit−0.437%7-day average +0.054% · you buy dearer than you sell
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 23 hours (all we have)−0.009%−$1 on $10k
Price spread, last 12 hours (all we have)+0.558%+$56 · spread now −0.437%, 7d avg +0.054%
Together, before fees+0.549%+$55 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 0.491% cheaper against Bybit than usual: you would sell low and buy high, −$49 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PATHUSDT13.7300get 0.0000% / 8h43m 49s$57K$122K25x
ShortHTX PATH-USDT13.6700get 0.0000% / 8h43m 49s$2K$282K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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: −0.437% → +0.054%
−$49.13
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$72.13
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 16 min ago; HTX: 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 Bybit live order book, 16 min ago18.20 bp116.7 bp −$117doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 33 min ago47.50 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 PATHUSDTlong0.0000%8h13.730long leg$57K$122K25x
Gate PATH_USDT0.0000%8h13.653−0.561%$6K$9K20xas long as short
Bitget PATHUSDT0.0000%8h13.631−0.721%$22K$36K20xas long as short
SunX PATH-USDT0.0000%8h13.660−0.510%$1.8M10xas long as short
HTX PATH-USDTshort0.0000%8h13.670−0.437%$2K$282K20x
Phemex PATHUSDT0.0000%8h13.650−0.583%$10K$16K10xas long as short
Binance PATHUSDT+0.0511%8h13.670−0.437%$66K$195K20xas long as short