Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: HTX against QFEX+0.085%7-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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.085% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread 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 | 375.33 | 0 | get 0.0000% / 1h | 49m 29s | $1.1M | $2.6M | 10x |
| Short | HTX PANW-USDT | 375.65 | 0.0100 | get 0.0100% / 8h | 49m 29s | $890 | $40K | 10x |
QFEX PANW-USD
HTX PANW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.085% → 0.000%
- $8.53
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $7.53
- Costs to cover
- 0.220%
- Break-even
- 4.5 days
Slippage unknown: QFEX: live order book, 3 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 3 min ago | 1.86 bp | 21.4 bp −$21 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDT | 0.0000% | 8h | 375.66 | +0.089% | $522K | $811K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 375.50 | +0.045% | $336K | $327K | 25x | as long as short |
| QFEX PANW-USDlong | 0.0000% | 1h | 375.33 | long leg | $1.1M | $2.6M | 10x | |
| Bitget PANWUSDT | 0.0000% | 8h | 375.52 | +0.051% | $174K | $339K | 20x | as long as short |
| SunX PANW-USDT | +0.0100% | 8h | 375.53 | +0.053% | $1K | $614K | 10x | as long as short |
| HTX PANW-USDTshort | +0.0100% | 8h | 375.65 | +0.085% | $890 | $40K | 10x | |
| Injective PANW/USDC PERP | +0.0220% | 1h | 379.78 | +1.186% | $6K | $38K | 12x | as long as short |
| Gate PANW_USDT | +0.0285% | 8h | 374.56 | −0.205% | $67K | $5K | 20x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
Bitget PANWUSDT
SunX PANW-USDT
Injective PANW/USDC PERP
Gate PANW_USDT