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: SunX against Gate−0.129%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+0.234%+$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SunX is 0.129% cheaper against Gate than usual: you would sell low and buy high (spread −0.129% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PANW_USDT | 371.78 | 0 | get 0.0000% / 8h | 4h 42m | $67K | $5K | 20x |
| Short | SunX PANW-USDT | 371.30 | 0.0100 | get 0.0100% / 8h | 4h 42m | $516 | $633K | 10x |
Gate PANW_USDT
SunX PANW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.129% → 0.000%
- −$12.91
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$14.91
- Costs to cover
- 0.230%
- Break-even
- 12.0 days
Slippage unknown: Gate: no order-book sample; SunX: live order book, 49 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 SunX live order book, 49 min ago | 500.13 bp | doesn't fit | doesn't fit | 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 PANWUSDT | 0.0000% | 8h | 371.35 | −0.116% | $314K | $322K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 371.44 | −0.091% | $1.1M | $2.6M | 10x | as long as short |
| Gate PANW_USDTlong | 0.0000% | 8h | 371.78 | long leg | $67K | $5K | 20x | |
| Bitget PANWUSDT | 0.0000% | 8h | 371.72 | −0.016% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDTshort | +0.0100% | 8h | 371.30 | −0.129% | $516 | $633K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 372.17 | +0.105% | $722 | $39K | 10x | as long as short |
| Binance PANWUSDT | +0.0143% | 8h | 371.59 | −0.050% | $515K | $767K | 25x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.79 | +1.079% | $6K | $38K | 12x | as long as short |
Bybit PANWUSDT
QFEX PANW-USD
Bitget PANWUSDT
HTX PANW-USDT
Binance PANWUSDT
Injective PANW/USDC PERP