Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Bitget−0.005%60s7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.005%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PANWUSDT | 374.32 | 0 | get 0.0000% / 8h | 5h 29m | $183K | $345K | 20x |
| Short | SunX PANW-USDT | 374.30 | 0.0100 | get 0.0100% / 8h | 5h 29m | $1K | $591K | 10x |
Bitget PANWUSDT
SunX PANW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.005% → −0.007%
- $0.13
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $1.13
- Costs to cover
- 0.200%
- Break-even
- 6.6 days
Slippage unknown: Bitget: live order book, 9 min ago; SunX: live order book, 5 min ago. 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 Bitget live order book, 9 min ago | 9.75 bp | 16.0 bp −$16 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 500.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PANW on 8 exchanges
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 | 374.68 | +0.096% | $540K | $867K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 374.22 | −0.027% | $327K | $339K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 374.04 | −0.075% | $1.1M | $2.5M | 10x | as long as short |
| Gate PANW_USDT | 0.0000% | 8h | 374.77 | +0.120% | $69K | $8K | 20x | as long as short |
| Bitget PANWUSDTlong | 0.0000% | 8h | 374.32 | long leg | $183K | $345K | 20x | |
| SunX PANW-USDTshort | +0.0100% | 8h | 374.30 | −0.005% | $1K | $591K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 374.18 | −0.037% | $400 | $41K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 379.92 | +1.496% | $6K | $38K | 12x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
QFEX PANW-USD
Gate PANW_USDT
HTX PANW-USDT
Injective PANW/USDC PERP