Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.051%
Price spread now: Binance against HTX+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. Binance is 0.021% dearer against HTX than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PANW-USDT | 374.34 | 0.0100 | pay 0.0100% / 8h | 1h 06m | $996 | $40K | 10x |
| Short | Binance PANWUSDT | 374.42 | 0 | get 0.0000% / 8h | 1h 06m | $510K | $771K | 25x |
HTX PANW-USDT
Binance PANWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: +0.021% → 0.000%
- $2.14
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Binance: live order book, 11 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 HTX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 6.01 bp | 17.8 bp −$18 | 70.3 bp −$703 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDTshort | 0.0000% | 8h | 374.42 | +0.021% | $510K | $771K | 25x | |
| Bybit PANWUSDT | 0.0000% | 8h | 374.15 | −0.051% | $323K | $325K | 25x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 374.53 | +0.051% | $174K | $340K | 20x | as long as short |
| QFEX PANW-USD | +0.0003% | 1h | 374.52 | +0.048% | $1.1M | $2.6M | 10x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 374.19 | −0.040% | $977 | $613K | 10x | as long as short |
| HTX PANW-USDTlong | +0.0100% | 8h | 374.34 | long leg | $996 | $40K | 10x | |
| Gate PANW_USDT | +0.0198% | 8h | 374.56 | +0.059% | $67K | $5K | 20x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 378.06 | +0.994% | $6K | $38K | 12x | as long as short |
Bybit PANWUSDT
Bitget PANWUSDT
QFEX PANW-USD
SunX PANW-USDT
Gate PANW_USDT
Injective PANW/USDC PERP