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 08:00 UTC−0.0439%/8h= −48.0% APRnext payment $4.39 per $10,000 · paid last 24h −0.052%
Price spread now: SunX against Binance−0.075%7-day average −0.071% · you buy dearer than you sell
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)−0.052%−$5 on $10k
Price spread, last 2 days (all we have)+0.017%+$2 · spread now −0.075%, 7d avg −0.071%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
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 $4.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PATHUSDT13.6700.0439pay 0.0439% / 8h3h 27m$67K$176K20x
ShortSunX PATH-USDT13.6600get 0.0000% / 8h3h 27m$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
−$92.13
Price spread: −0.075% → −0.071%
−$0.39
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$110.51
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 19 min ago; SunX: live order book, 8 min ago. 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 Binance live order book, 19 min ago10.97 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago36.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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%8h13.660−0.075%$52K$131K25xas long as short
Gate PATH_USDT0.0000%8h13.649−0.155%$6K$12K20xas long as short
Bitget PATHUSDT0.0000%8h13.619−0.374%$22K$29K20xas long as short
SunX PATH-USDTshort0.0000%8h13.660−0.075%$1.7M10x
HTX PATH-USDT0.0000%8h13.680+0.072%$2K$266K20xas long as short
Phemex PATHUSDT0.0000%8h13.690+0.145%$10K$15K10xas long as short
Binance PATHUSDTlong+0.0439%8h13.670long leg$67K$176K20x