Funding you earn now, next payment 16:00 UTC+0.1200%/8h= +131.4% APRnext payment +$12.00 per $10,000 · paid last 24h +0.069%
Price spread now: Binance against Phemex0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$36 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PATHUSDT | 13.820 | 0 | get 0.0000% / 8h | 5h 08m | $12K | $17K | 10x |
| Short | Binance PATHUSDT | 13.820 | 0.1200 | get 0.1200% / 8h | 5h 08m | $68K | $197K | 20x |
Phemex PATHUSDT
Binance PATHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $251.92
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $229.92
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: Phemex: no order-book sample; Binance: live order book, 16 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 Phemex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 3.63 bp | 56.4 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
Phemex: 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 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PATHUSDT | 0.0000% | 8h | 13.830 | +0.072% | $52K | $168K | 25x | as long as short |
| Gate PATH_USDT | 0.0000% | 8h | 13.791 | −0.210% | $6K | $15K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.806 | −0.101% | $20K | $28K | 20x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.830 | +0.072% | $2K | $252K | 20x | as long as short |
| Phemex PATHUSDTlong | 0.0000% | 8h | 13.820 | long leg | $12K | $17K | 10x | |
| SunX PATH-USDT | +0.0033% | 8h | 13.820 | 0.000% | — | $1.8M | 10x | as long as short |
| edgeX PATHUSDC | +0.0106% | 4h | 13.828 | +0.059% | — | $52K | 10x | as long as short |
| BloFin PATH-USDT | +0.1174% | 8h | 13.810 | −0.072% | $29K | $413 | 20x | as long as short |
| Binance PATHUSDTshort | +0.1200% | 8h | 13.820 | 0.000% | $68K | $197K | 20x |
Bybit PATHUSDT
Gate PATH_USDT
Bitget PATHUSDT
HTX PATH-USDT
SunX PATH-USDT
edgeX PATHUSDC
BloFin PATH-USDT