Settings8H · net · $10k
Funding arb · Price arb /

PANW

RWAall PANW markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: HTX against Injective−1.231%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 1.231% cheaper against Injective than usual: you would sell low and buy high (−$123 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective PANW/USDC PERP379.280.0220pay 0.0028% / 1h47m 18s$6K$38K12x
ShortHTX PANW-USDT374.610.0100get 0.0100% / 8h1h 47m$1K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$25.2
Price spread: −1.231% → 0.000%
−$123.13
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$160.35
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell HTX no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PANWUSDT0.0000%8h374.81−1.177%$511K$765K25xas long as short
Bybit PANWUSDT0.0000%8h374.30−1.313%$327K$324K25xas long as short
Bitget PANWUSDT0.0000%8h374.69−1.210%$174K$376K20xas long as short
QFEX PANW-USD+0.0003%1h374.64−1.223%$1.1M$2.6M10xas long as short
SunX PANW-USDT+0.0100%8h374.43−1.279%$738$615K10xas long as short
HTX PANW-USDTshort+0.0100%8h374.61−1.231%$1K$40K10x
Gate PANW_USDT+0.0158%8h373.17−1.611%$67K$5K20xas long as short
Injective PANW/USDC PERPlong+0.0220%1h379.28long leg$6K$38K12x