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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$1.48 per $10,000 · paid last 24h +0.052%
Price spread now: Binance against Bitget+0.331%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.331% dearer against Bitget than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PATHUSDT13.6200get 0.0000% / 8h2h 20m$17K$31K20x
ShortBinance PATHUSDT13.6650.0148get 0.0148% / 8h2h 20m$64K$185K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$31.1
Price spread: +0.331% → 0.000%
$33.14
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$42.24
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Bitget: no order-book sample; Binance: live order book, 11 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 Bitget no order-book sample
Sell Binance live order book, 11 min ago7.34 bp60.3 bp −$60doesn't fitdoesn't fitdoesn't fit
Bitget: 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%8h13.630+0.073%$53K$154K25xas long as short
Gate PATH_USDT0.0000%8h13.632+0.088%$6K$12K20xas long as short
Bitget PATHUSDTlong0.0000%8h13.620long leg$17K$31K20x
SunX PATH-USDT0.0000%8h13.660+0.294%$1.8M10xas long as short
HTX PATH-USDT0.0000%8h13.670+0.367%$2K$264K20xas long as short
Phemex PATHUSDT0.0000%8h13.660+0.294%$11K$16K10xas long as short
Binance PATHUSDTshort+0.0148%8h13.665+0.331%$64K$185K20x