Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget−0.075%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$411as in the Price arb table
costs, in and out, $10k−$4024.019% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 7 days+0.240%+$24 · spread now −0.075%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.091% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PANWUSDT | 371.56 | 0 | get 0.0000% / 8h | 3h 51m | $174K | $378K | 20x |
| Short | QFEX PANW-USD | 371.28 | 0 | get 0.0000% / 1h | 51m 38s | $1.1M | $2.5M | 10x |
Bitget PANWUSDT
QFEX PANW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $0
- Price spread: −0.075% → +0.016%
- −$9.09
- Slippage, 4 orders
- −$379.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$411.04
- Costs to cover
- 4.019%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 59 min ago; QFEX: live order book, 6 min ago.
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 Bitget live order book, 59 min ago | 3.23 bp | 34.4 bp −$34 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 152.18 bp | 161.5 bp −$161 | 162.9 bp −$1,629 | doesn't fit | doesn't fit |
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 PANWUSDT | 0.0000% | 8h | 371.43 | −0.035% | $514K | $762K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 371.23 | −0.089% | $314K | $322K | 25x | as long as short |
| QFEX PANW-USDshort | 0.0000% | 1h | 371.28 | −0.075% | $1.1M | $2.5M | 10x | |
| Gate PANW_USDT | 0.0000% | 8h | 371.77 | +0.057% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDTlong | 0.0000% | 8h | 371.56 | long leg | $174K | $378K | 20x | |
| SunX PANW-USDT | +0.0100% | 8h | 371.60 | +0.011% | $1K | $623K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 371.92 | +0.097% | $915 | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.49 | +1.058% | $6K | $38K | 12x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
Gate PANW_USDT
SunX PANW-USDT
HTX PANW-USDT
Injective PANW/USDC PERP