Funding you earn now, next payment 08:00 UTC−0.0401%/8h= −43.9% APRnext payment −$4.01 per $10,000 · paid last 24h −0.052%
Price spread now: HTX against Binance+0.073%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)−0.052%−$5 on $10k
+Price spread, last 2 days (all we have)−0.057%−$6 · spread now +0.073%, 7d avg +0.026%
=The price spread pays, funding is against you. HTX is 0.047% dearer against Binance than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.026%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 2 days (−0.052% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid -0.052% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PATHUSDT | 13.680 | 0.0401 | pay 0.0401% / 8h | 3h 21m | $67K | $176K | 20x |
| Short | HTX PATH-USDT | 13.690 | 0 | get 0.0000% / 8h | 3h 21m | $2K | $266K | 20x |
Binance PATHUSDT
HTX PATH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- −$84.24
- Price spread: +0.073% → +0.026%
- $4.74
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$101.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 25 min ago; HTX: live order book, 30 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 Binance live order book, 25 min ago | 10.97 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 58.48 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 PATHUSDT | 0.0000% | 8h | 13.650 | −0.219% | $52K | $131K | 25x | as long as short |
| Gate PATH_USDT | 0.0000% | 8h | 13.646 | −0.249% | $6K | $12K | 20x | as long as short |
| Bitget PATHUSDT | 0.0000% | 8h | 13.619 | −0.446% | $22K | $29K | 20x | as long as short |
| SunX PATH-USDT | 0.0000% | 8h | 13.680 | 0.000% | — | $1.7M | 10x | as long as short |
| HTX PATH-USDTshort | 0.0000% | 8h | 13.690 | +0.073% | $2K | $266K | 20x | |
| Phemex PATHUSDT | 0.0000% | 8h | 13.680 | 0.000% | $10K | $15K | 10x | as long as short |
| Binance PATHUSDTlong | +0.0401% | 8h | 13.680 | long leg | $67K | $176K | 20x |
Bybit PATHUSDT
Gate PATH_USDT
Bitget PATHUSDT
SunX PATH-USDT
Phemex PATHUSDT