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: Bybit against Gate−0.113%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 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: Bybit is 0.113% cheaper against Gate than usual: you would sell low and buy high, −$11 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 | 371.77 | 0 | get 0.0000% / 8h | 4h 47m | $67K | $5K | 20x |
| Short | Bybit PANWUSDT | 371.35 | 0 | get 0.0000% / 8h | 4h 47m | $314K | $322K | 25x |
Gate PANW_USDT
Bybit PANWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.113% → 0.000%
- −$11.3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.3
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 6.60 bp | 20.2 bp −$20 | 155.0 bp −$1,550 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PANWUSDTshort | 0.0000% | 8h | 371.35 | −0.113% | $314K | $322K | 25x | |
| QFEX PANW-USD | 0.0000% | 1h | 371.36 | −0.110% | $1.1M | $2.6M | 10x | as long as short |
| Gate PANW_USDTlong | 0.0000% | 8h | 371.77 | long leg | $67K | $5K | 20x | |
| Bitget PANWUSDT | 0.0000% | 8h | 371.72 | −0.013% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 371.26 | −0.137% | $423 | $636K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 371.20 | −0.153% | $709 | $39K | 10x | as long as short |
| Binance PANWUSDT | +0.0163% | 8h | 371.57 | −0.054% | $515K | $769K | 25x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.79 | +1.081% | $6K | $38K | 12x | as long as short |
QFEX PANW-USD
Bitget PANWUSDT
SunX PANW-USDT
HTX PANW-USDT
Binance PANWUSDT
Injective PANW/USDC PERP