Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against QFEX+0.113%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.113% dearer against QFEX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PANW-USD | 371.74 | 0.0000 | pay 0.0000% / 1h | 37m 17s | $1.1M | $2.7M | 10x |
| Short | Gate PANW_USDT | 372.16 | 0 | get 0.0000% / 8h | 7h 37m | $67K | $5K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- −$0.05
- Price spread: +0.113% → 0.000%
- $11.3
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$13.75
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; 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 QFEX live order book, 5 min ago | 2.16 bp | 49.8 bp −$50 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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 | 371.78 | +0.011% | $315K | $325K | 25x | as long as short |
| Gate PANW_USDTshort | 0.0000% | 8h | 372.16 | +0.113% | $67K | $5K | 20x | |
| Bitget PANWUSDT | 0.0000% | 8h | 372.07 | +0.089% | $177K | $373K | 20x | as long as short |
| QFEX PANW-USDlong | 0.0000% | 1h | 371.74 | long leg | $1.1M | $2.7M | 10x | |
| SunX PANW-USDT | +0.0100% | 8h | 372.01 | +0.073% | $1K | $697K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 373.85 | +0.568% | $512 | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 376.10 | +1.173% | $6K | $38K | 12x | as long as short |
| Binance PANWUSDT | +0.0771% | 8h | 372.11 | +0.099% | $516K | $794K | 25x | as long as short |
Gate PANW_USDT
Bybit PANWUSDT
Bitget PANWUSDT
SunX PANW-USDT
HTX PANW-USDT
Injective PANW/USDC PERP
Binance PANWUSDT