Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against Gate+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.061% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PANW_USDT | 375.12 | 0 | get 0.0000% / 8h | 6h 21m | $69K | $6K | 20x |
| Short | Bitget PANWUSDT | 375.35 | 0 | get 0.0000% / 8h | 6h 21m | $178K | $342K | 20x |
Gate PANW_USDT
Bitget PANWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.061% → 0.000%
- $6.13
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$20.87
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 25 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 Gate no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 25 min ago | 9.99 bp | 106.0 bp −$106 | 143.8 bp −$1,438 | doesn't fit | doesn't fit |
Gate: 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 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 | 374.88 | −0.064% | $540K | $873K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 374.98 | −0.037% | $330K | $340K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 374.75 | −0.099% | $1.1M | $2.6M | 10x | as long as short |
| Gate PANW_USDTlong | 0.0000% | 8h | 375.12 | long leg | $69K | $6K | 20x | |
| Bitget PANWUSDTshort | 0.0000% | 8h | 375.35 | +0.061% | $178K | $342K | 20x | |
| Injective PANW/USDC PERP | +0.0033% | 1h | 379.92 | +1.280% | $6K | $38K | 12x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 375.03 | −0.024% | $953 | $604K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 374.54 | −0.155% | $655 | $41K | 10x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
QFEX PANW-USD
Injective PANW/USDC PERP
SunX PANW-USDT
HTX PANW-USDT