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

PANW

RWAall PANW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.003%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PANWUSDT374.000get 0.0000% / 8h1h 28m$326K$325K25x
ShortHTX PANW-USDT374.010.0100get 0.0100% / 8h1h 28m$1K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$21
Price spread: +0.003% → 0.000%
$0.27
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$1.73
Costs to cover
0.230%
Break-even
7.6 days
Slippage unknown: Bybit: live order book, 6 min ago; HTX: no order-book sample. Net counts fees only.

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, 6 min ago11.22 bp52.2 bp −$52196.6 bp −$1,966doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h374.53+0.141%$510K$773K25xas long as short
Bybit PANWUSDTlong0.0000%8h374.00long leg$326K$325K25x
Bitget PANWUSDT0.0000%8h374.26+0.070%$174K$376K20xas long as short
QFEX PANW-USD+0.0003%1h374.06+0.016%$1.1M$2.6M10xas long as short
SunX PANW-USDT+0.0100%8h374.14+0.037%$748$620K10xas long as short
HTX PANW-USDTshort+0.0100%8h374.01+0.003%$1K$40K10x
Injective PANW/USDC PERP+0.0220%1h378.50+1.203%$6K$38K12xas long as short
Gate PANW_USDT+0.0248%8h373.09−0.243%$67K$5K20xas long as short