Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / RWA

PANW

RWAAll PANW markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
QFEXPANW-USD
389.5400.0000% / 1h2m 55s$1.1M$2.0M10xLong QFEX
SHORT
BingXNCSKPANW2USD-USDT
389.87+0.0050get 0.0050% / 8h3h 02m$942K$1.3M—Short BingX
Price gap+0.085%
Funding gap+0.0050% /8h

Funding pays +$2 a day on $10k, but the gap is 0.086% under its 7d average: −$9 if it goes back, about 5.8 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$7+0.0050% /8h now · paid +0.067% over the last 7D
Price−$9spread +0.085% now, avg +0.171% → −0.086% if it goes back
Costs−$1091.089% of $10k · taker + slippage, in and out
Result−$111−1.11%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.085%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PANW on 10 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size27.0 / 25.4 bp
    At $10k entering QFEX costs 27.0 bp, fee and slippage, 1.1× BingX’s.
  • Note: Margin at max leverage$1,000 + —
    QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.50Long QFEX: 24 payments, $0.00; short BingX: 3 payments, +$1.50.
  • Watch: Gap narrower than usual+0.085% vs +0.171%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$942K vs $1.1M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCQFEX No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0032%/8h × 21 periods+$6.67
Price spread+0.085% → +0.171% (7d avg)−$8.63
Slippage, 4 orderslive order books−$78.88
Fee QFEX bp × 2 orders−$20.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$110.84
Costs to cover1.089%Break-even123.3 days
Slippage: QFEX: live order book, 3 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGQFEX1.5427.0 bp−$2730.1 bp−$301doesn’t fitdoesn’t fit
SELL · SHORTBingX16.5425.4 bp−$2582.4 bp−$824211.6 bp−$21.2K741.4 bp−$370.7K

Closing costs about the same again.

Alert

PANW news

posts that mention PANW or Palo Alto Networks, from every exchangeSearch all news →
09-28 16:43AvantisOther2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗
09-24 14:11AvantisListingnew market PANW/USD ($PANW) seen by our collector