Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: SunX against QFEX+0.062%7-day average −0.007% · 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)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.358%+$36 · spread now +0.062%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.069% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PANW-USD | 371.43 | 0 | get 0.0000% / 1h | 6m 38s | $1.1M | $2.6M | 10x |
| Short | SunX PANW-USDT | 371.66 | 0.0100 | get 0.0100% / 8h | 5h 06m | $1K | $633K | 10x |
QFEX PANW-USD
SunX PANW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.062% → −0.007%
- $6.91
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $9.91
- Costs to cover
- 0.180%
- Break-even
- 3.7 days
Slippage unknown: QFEX: live order book, 6 min ago; SunX: live order book, 25 min ago. 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, 6 min ago | 77.13 bp | 90.9 bp −$91 | 92.8 bp −$928 | doesn't fit | doesn't fit |
| Sell SunX live order book, 25 min ago | 500.13 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | 371.62 | +0.051% | $315K | $323K | 25x | as long as short |
| QFEX PANW-USDlong | 0.0000% | 1h | 371.43 | long leg | $1.1M | $2.6M | 10x | |
| Gate PANW_USDT | 0.0000% | 8h | 372.20 | +0.207% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 371.82 | +0.105% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDTshort | +0.0100% | 8h | 371.66 | +0.062% | $1K | $633K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 370.27 | −0.312% | $585 | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 375.45 | +1.082% | $6K | $38K | 12x | as long as short |
| Binance PANWUSDT | +0.0239% | 8h | 371.96 | +0.143% | $518K | $766K | 25x | as long as short |
Bybit PANWUSDT
Gate PANW_USDT
Bitget PANWUSDT
HTX PANW-USDT
Injective PANW/USDC PERP
Binance PANWUSDT