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

PATH

RWAall PATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex0.000%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex PATHUSDT13.7300get 0.0000% / 8h16m 28s$11K$16K10x
ShortSunX PATH-USDT13.7300get 0.0000% / 8h16m 28s$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Phemex: no order-book sample; SunX: live order book, 9 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 Phemex no order-book sample
Sell SunX live order book, 9 min ago36.52 bpdoesn't fitdoesn'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 on 8 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
Binance PATHUSDT0.0000%8h13.739+0.069%$66K$190K20xas long as short
Bybit PATHUSDT0.0000%8h13.680−0.364%$52K$164K25xas long as short
Gate PATH_USDT0.0000%8h13.672−0.422%$6K$13K20xas long as short
Bitget PATHUSDT0.0000%8h13.684−0.335%$18K$30K20xas long as short
SunX PATH-USDTshort0.0000%8h13.7300.000%$1.8M10x
HTX PATH-USDT0.0000%8h13.740+0.073%$2K$258K20xas long as short
Phemex PATHUSDTlong0.0000%8h13.730long leg$11K$16K10x
edgeX PATHUSDC+0.0346%4h13.729−0.004%$22K10xas long as short