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

PANW

RWAall PANW markets
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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: Bybit against Bitget−0.008%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2302.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.008%, 7d avg +0.001%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PANWUSDT374.080get 0.0000% / 8h1h 37m$174K$376K20x
ShortBybit PANWUSDT374.050get 0.0000% / 8h1h 37m$326K$325K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.008% → +0.001%
−$0.91
Slippage, 4 orders
−$206.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$230.42
Costs to cover
2.295%
Break-even
never at this rate
Slippage from Bitget: live order book, 63 min ago; Bybit: live order book, 62 min ago.

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 live order book, 63 min ago15.01 bp52.8 bp −$5369.6 bp −$696doesn't fitdoesn't fit
Sell Bybit live order book, 62 min ago7.64 bp55.8 bp −$56176.6 bp −$1,766doesn't fitdoesn't fit

PANW 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 PANWUSDT0.0000%8h374.82+0.198%$511K$765K25xas long as short
Bybit PANWUSDTshort0.0000%8h374.05−0.008%$326K$325K25x
Bitget PANWUSDTlong0.0000%8h374.08long leg$174K$376K20x
QFEX PANW-USD+0.0003%1h373.68−0.107%$1.1M$2.6M10xas long as short
SunX PANW-USDT+0.0100%8h374.14+0.016%$823$614K10xas long as short
HTX PANW-USDT+0.0100%8h374.48+0.107%$1K$40K10xas long as short
Gate PANW_USDT+0.0205%8h373.09−0.265%$67K$5K20xas long as short
Injective PANW/USDC PERP+0.0220%1h378.50+1.182%$6K$38K12xas long as short