data as of
Settings8H · net · $10k
Price arb /

PATH

RWAall PATH markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d averageif it closes, per $10,000$0funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex PATHUSDT13.5900get 0.0000% / 8h7h 20m$8K$17K10x
ShortBybit PATHUSDT13.5900get 0.0000% / 8h7h 20m$55K$111K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$0
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$23
Spread needed to break even
0.230%
Slippage unknown: Phemex: no order-book sample; Bybit: live order book, 52 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex no order-book sample
Sell Bybit live order book, 52 min ago32.91 bp133.2 bp −$133doesn't fitdoesn't fitdoesn'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 price on every exchange

against the cheapest. Click to use as the short leg.

PATH on 7 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate PATH_USDT−0.213%0.0000%8h$5K$4K20xas long as short
Bitget PATHUSDT−0.118%0.0000%8h$19K$47K20xas long as short
Bybit PATHUSDTshort0.000%0.0000%8h$55K$111K25x
Phemex PATHUSDTlong0.000%0.0000%8h$8K$17K10x
Binance PATHUSDT+0.113%0.0000%8h$62K$194K20xas long as short
SunX PATH-USDT+0.147%0.0000%8h$1.9M10xas long as short
HTX PATH-USDT+0.221%0.0000%8h$2K$294K20xas long as short