Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.036%
Price spread now: Injective against HTX+1.431%65s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Injective is 1.431% dearer against HTX than usual: you sell high and buy low (spread +1.431% now, against zero (this spread has no 7-day history yet)): +$143 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PANW-USDT | 374.56 | 0.0100 | pay 0.0100% / 8h | 6h 20m | $663 | $41K | 10x |
| Short | Injective PANW/USDC PERP | 379.92 | 0.0033 | get 0.0004% / 1h | 20m 03s | $6K | $38K | 12x |
HTX PANW-USDT
Injective PANW/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.431% → 0.000%
- $143.1
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $117.08
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
HTX and Injective: 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 exchanges
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 | 374.88 | +0.085% | $540K | $873K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 374.71 | +0.040% | $329K | $340K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 374.75 | +0.051% | $1.1M | $2.6M | 10x | as long as short |
| Gate PANW_USDT | 0.0000% | 8h | 375.12 | +0.150% | $69K | $6K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 374.98 | +0.112% | $177K | $342K | 20x | as long as short |
| Injective PANW/USDC PERPshort | +0.0033% | 1h | 379.92 | +1.431% | $6K | $38K | 12x | |
| SunX PANW-USDT | +0.0100% | 8h | 375.00 | +0.117% | $1K | $599K | 10x | as long as short |
| HTX PANW-USDTlong | +0.0100% | 8h | 374.56 | long leg | $663 | $41K | 10x |
Binance PANWUSDT
Bybit PANWUSDT
QFEX PANW-USD
Gate PANW_USDT
Bitget PANWUSDT
SunX PANW-USDT