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: Gate against HTX+0.272%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. Gate is 0.272% dearer against HTX than usual: you sell high and buy low (spread +0.272% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PANW-USDT | 370.94 | 0.0100 | pay 0.0100% / 8h | 5h 13m | $619 | $39K | 10x |
| Short | Gate PANW_USDT | 371.95 | 0 | get 0.0000% / 8h | 5h 13m | $67K | $5K | 20x |
HTX PANW-USDT
Gate PANW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.272% → 0.000%
- $27.23
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$20.77
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; Gate: no order-book sample. 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 Gate no order-book sample | — | — | — | — | — |
HTX and 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 | 371.51 | +0.154% | $315K | $323K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 371.43 | +0.132% | $1.1M | $2.6M | 10x | as long as short |
| Gate PANW_USDTshort | 0.0000% | 8h | 371.95 | +0.272% | $67K | $5K | 20x | |
| Bitget PANWUSDT | 0.0000% | 8h | 371.81 | +0.235% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 371.32 | +0.102% | $1K | $634K | 10x | as long as short |
| HTX PANW-USDTlong | +0.0100% | 8h | 370.94 | long leg | $619 | $39K | 10x | |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.45 | +1.216% | $6K | $38K | 12x | as long as short |
| Binance PANWUSDT | +0.0260% | 8h | 371.74 | +0.215% | $518K | $765K | 25x | as long as short |
Bybit PANWUSDT
QFEX PANW-USD
Bitget PANWUSDT
SunX PANW-USDT
Injective PANW/USDC PERP
Binance PANWUSDT