Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against Phemex−0.293%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.293% cheaper against Phemex than usual: you would sell low and buy high, −$29 on $10k if it 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 | Phemex PATHUSDT | 13.660 | 0 | get 0.0000% / 8h | 5h 58m | $10K | $15K | 10x |
| Short | Bybit PATHUSDT | 13.620 | 0 | get 0.0000% / 8h | 5h 58m | $54K | $128K | 25x |
Phemex PATHUSDT
Bybit PATHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.293% → 0.000%
- −$29.28
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.28
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Phemex: no order-book sample; Bybit: live order book, 51 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 Bybit live order book, 51 min ago | 29.28 bp | 114.2 bp −$114 | 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 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PATHUSDTshort | 0.0000% | 8h | 13.620 | −0.293% | $54K | $128K | 25x | |
| Gate PATH_USDT | 0.0000% | 8h | 13.641 | −0.139% | $6K | $11K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.618 | −0.307% | $23K | $29K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.660 | 0.000% | — | $1.7M | 10x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.670 | +0.073% | $2K | $274K | 20x | as long as short |
| Phemex PATHUSDTlong | 0.0000% | 8h | 13.660 | long leg | $10K | $15K | 10x | |
| Binance PATHUSDT | +0.0949% | 8h | 13.660 | 0.000% | $67K | $175K | 20x | as long as short |
Gate PATH_USDT
Bitget PATHUSDT
SunX PATH-USDT
HTX PATH-USDT
Binance PATHUSDT