PANW

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPANW2USD-USDT	371.31	+0.0050	pay 0.0050% / 8h	3h 13m	$942K	$1.2M	—	Long BingX
SHORT	SunXPANW-USDT	371.24	+0.0100	get 0.0100% / 8h	3h 13m	$1K	$674K	10x	Short SunX≤10% back

Price gap−0.019%

Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.050% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$10+0.0050% /8h now · paid +0.101% over the last 7D

Price+$5spread −0.019% now, avg −0.068% → +0.050% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$15+0.15%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.019%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PANW on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage— + $1,000
BingX —, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.50Long BingX: 3 payments, −$1.50; short SunX: 3 payments, +$3.00.
OK: Entry gap works for you−0.019% vs −0.068%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$1K vs $942K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · SunX No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0048%/8h × 21 periods+$10.08

Price spread−0.019% → −0.068% (7d avg)+$4.96

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee BingX bp × 2 orders−$10.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: BingX: live order book, 20 min ago; SunX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX10.1529.9 bp−$3055.7 bp−$557201.2 bp−$20.1K725.5 bp−$362.8K

SELL · SHORTSunX251.09doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

PANW news

posts that mention PANW or Palo Alto Networks, from every exchangeSearch all news →

10-27 09:00	KuCoin	Listing	new market PANWUSDTM ($PANW) seen by our collector
10-22 09:44	OKX	Listing	new market PANW-USDT-SWAP ($PANW) seen by our collector
09-28 16:43	Avantis	Other	2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:11	Avantis	Listing	new market PANW/USD ($PANW) seen by our collector