Funding you earn now, next payment 16:00 UTC+0.0250%/8h= +27.4% APRnext payment +$2.50 per $10,000 · paid last 24h +0.069%
Price spread now: Binance against Gate+0.343%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.343% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PATH_USDT | 13.683 | 0 | get 0.0000% / 8h | 7h 53m | $6K | $14K | 20x |
| Short | Binance PATHUSDT | 13.730 | 0.0250 | get 0.0250% / 8h | 7h 53m | $66K | $190K | 20x |
Gate PATH_USDT
Binance PATHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $52.48
- Price spread: +0.343% → 0.000%
- $34.35
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $61.83
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; Binance: live order book, 8 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 3.64 bp | 56.9 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PATHUSDC | −0.0624% | 4h | 13.731 | +0.352% | — | $26K | 10x | as long as short |
| Bybit PATHUSDT | 0.0000% | 8h | 13.730 | +0.343% | $51K | $165K | 25x | as long as short |
| Gate PATH_USDTlong | 0.0000% | 8h | 13.683 | long leg | $6K | $14K | 20x | |
| Bitget PATHUSDT | 0.0000% | 8h | 13.687 | +0.029% | $18K | $30K | 20x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.740 | +0.417% | $2K | $257K | 20x | as long as short |
| Phemex PATHUSDT | 0.0000% | 8h | 13.710 | +0.197% | $11K | $16K | 10x | as long as short |
| Binance PATHUSDTshort | +0.0250% | 8h | 13.730 | +0.343% | $66K | $190K | 20x | |
| SunX PATH-USDT | +0.0662% | 8h | 13.730 | +0.343% | — | $1.8M | 10x | as long as short |
edgeX PATHUSDC
Bybit PATHUSDT
Bitget PATHUSDT
HTX PATH-USDT
Phemex PATHUSDT
SunX PATH-USDT