Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Gate−0.140%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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: QFEX is 0.140% cheaper against Gate than usual: you would sell low and buy high, −$14 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 | 371.80 | 0 | get 0.0000% / 8h | 3h 52m | $67K | $5K | 20x |
| Short | QFEX PANW-USD | 371.28 | 0 | get 0.0000% / 1h | 52m 46s | $1.1M | $2.5M | 10x |
Gate PANW_USDT
QFEX PANW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.140% → 0.000%
- −$13.99
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.99
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; QFEX: 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 Gate no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 5 min ago | 152.18 bp | 161.5 bp −$161 | 162.9 bp −$1,629 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDT | 0.0000% | 8h | 371.43 | −0.100% | $514K | $762K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 371.24 | −0.151% | $314K | $322K | 25x | as long as short |
| QFEX PANW-USDshort | 0.0000% | 1h | 371.28 | −0.140% | $1.1M | $2.5M | 10x | |
| Gate PANW_USDTlong | 0.0000% | 8h | 371.80 | long leg | $67K | $5K | 20x | |
| Bitget PANWUSDT | 0.0000% | 8h | 371.56 | −0.065% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 371.63 | −0.046% | $1K | $624K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 371.67 | −0.035% | $896 | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.49 | +0.992% | $6K | $38K | 12x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
Bitget PANWUSDT
SunX PANW-USDT
HTX PANW-USDT
Injective PANW/USDC PERP