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: Bitget against Bybit+0.048%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as 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)−0.107%−$11 · spread now +0.048%, 7d avg 0.000%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PANWUSDT374.820get 0.0000% / 8h2h 17m$327K$324K25x
ShortBitget PANWUSDT375.000get 0.0000% / 8h2h 17m$174K$380K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.048% → 0.000%
$4.78
Slippage, 4 orders
−$206.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$224.73
Costs to cover
2.295%
Break-even
never at this rate
Slippage from Bybit: live order book, 22 min ago; Bitget: live order book, 23 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 Bybit live order book, 22 min ago7.64 bp58.5 bp −$59171.1 bp −$1,711doesn't fitdoesn't fit
Sell Bitget live order book, 23 min ago15.01 bp62.4 bp −$6283.0 bp −$830doesn'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%8h375.25+0.115%$513K$782K25xas long as short
Bybit PANWUSDTlong0.0000%8h374.82long leg$327K$324K25x
QFEX PANW-USD0.0000%1h374.59−0.061%$1.1M$2.6M10xas long as short
Gate PANW_USDT0.0000%8h373.26−0.416%$67K$5K20xas long as short
Bitget PANWUSDTshort0.0000%8h375.00+0.048%$174K$380K20x
SunX PANW-USDT+0.0100%8h374.97+0.040%$1K$631K10xas long as short
HTX PANW-USDT+0.0100%8h371.80−0.806%$2K$39K10xas long as short
Injective PANW/USDC PERP+0.0220%1h379.00+1.115%$6K$38K12xas long as short