Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.051%
Price spread now: HTX against Binance−0.351%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. HTX is 0.351% cheaper against Binance than usual: you would sell low and buy high (spread −0.351% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 12 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PANWUSDT | 375.45 | 0 | get 0.0000% / 8h | 7h 42m | $524K | $829K | 25x |
| Short | HTX PANW-USDT | 374.13 | 0.0100 | get 0.0100% / 8h | 7h 42m | $868 | $40K | 10x |
Binance PANWUSDT
HTX PANW-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
- $21
- Price spread: −0.351% → 0.000%
- −$35.06
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$36.06
- Costs to cover
- 0.220%
- Break-even
- 19.0 days
Slippage unknown: Binance: live order book, 19 min ago; HTX: no order-book sample. 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, 19 min ago | 4.14 bp | 23.3 bp −$23 | 83.5 bp −$835 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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.
PANW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDTlong | 0.0000% | 8h | 375.45 | long leg | $524K | $829K | 25x | |
| Bybit PANWUSDT | 0.0000% | 8h | 374.85 | −0.159% | $326K | $323K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 374.43 | −0.271% | $1.1M | $2.6M | 10x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 375.00 | −0.119% | $175K | $338K | 20x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 375.33 | −0.031% | $1K | $588K | 10x | as long as short |
| HTX PANW-USDTshort | +0.0100% | 8h | 374.13 | −0.351% | $868 | $40K | 10x | |
| Injective PANW/USDC PERP | +0.0220% | 1h | 378.31 | +0.763% | $6K | $38K | 12x | as long as short |
| Gate PANW_USDT | +0.0299% | 8h | 375.44 | −0.002% | $67K | $5K | 20x | as long as short |
Bybit PANWUSDT
QFEX PANW-USD
Bitget PANWUSDT
SunX PANW-USDT
Injective PANW/USDC PERP
Gate PANW_USDT