Funding you earn now, next payment 16:00 UTC+0.0151%/8h= +16.5% APRnext payment +$1.51 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex−0.145%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 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
Funding pays, the price is against you. SunX is 0.145% cheaper against Phemex than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3.2 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PATHUSDT | 13.770 | 0 | get 0.0000% / 8h | 5h 47m | $11K | $16K | 10x |
| Short | SunX PATH-USDT | 13.750 | 0.0151 | get 0.0151% / 8h | 5h 47m | — | $1.8M | 10x |
Phemex PATHUSDT
SunX PATH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $31.64
- Price spread: −0.145% → 0.000%
- −$14.52
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$2.88
- Costs to cover
- 0.200%
- Break-even
- 7.6 days
Slippage unknown: Phemex: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago | 36.26 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PATHUSDC | −0.0681% | 4h | 13.780 | +0.074% | — | $46K | 10x | as long as short |
| Bybit PATHUSDT | 0.0000% | 8h | 13.810 | +0.290% | $52K | $168K | 25x | as long as short |
| Gate PATH_USDT | 0.0000% | 8h | 13.731 | −0.283% | $6K | $14K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.707 | −0.458% | $19K | $28K | 20x | as long as short |
| HTX PATH-USDT | 0.0000% | 8h | 13.760 | −0.073% | $2K | $253K | 20x | as long as short |
| Phemex PATHUSDTlong | 0.0000% | 8h | 13.770 | long leg | $11K | $16K | 10x | |
| SunX PATH-USDTshort | +0.0151% | 8h | 13.750 | −0.145% | — | $1.8M | 10x | |
| BloFin PATH-USDT | +0.0924% | 8h | 13.770 | 0.000% | $29K | $103 | 20x | as long as short |
| Binance PATHUSDT | +0.0930% | 8h | 13.755 | −0.108% | $68K | $195K | 20x | as long as short |
edgeX PATHUSDC
Bybit PATHUSDT
Gate PATH_USDT
Bitget PATHUSDT
HTX PATH-USDT
BloFin PATH-USDT
Binance PATHUSDT