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

PATH

RWAall PATH markets
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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 0.000%
Price spread now: Phemex against SunX+0.073%7-day average · you sell dearer than you buy
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 2 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.073% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PATH-USDT13.6700get 0.0000% / 8h2h 00m$1.8M10x
ShortPhemex PATHUSDT13.6800get 0.0000% / 8h2h 00m$10K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against SunX. 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: +0.073% → 0.000%
$7.32
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$12.68
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Phemex: no order-book sample. 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 SunX live order book, 5 min ago76.61 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Phemex no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PATHUSDT0.0000%8h13.690+0.146%$57K$121K25xas long as short
Gate PATH_USDT0.0000%8h13.655−0.110%$6K$8K20xas long as short
Bitget PATHUSDT0.0000%8h13.638−0.234%$22K$36K20xas long as short
SunX PATH-USDTlong0.0000%8h13.670long leg$1.8M10x
HTX PATH-USDT0.0000%8h13.700+0.219%$2K$284K20xas long as short
Phemex PATHUSDTshort0.0000%8h13.680+0.073%$10K$17K10x
Binance PATHUSDT+0.0435%8h13.680+0.070%$65K$205K20xas long as short