Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against SunX−0.374%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.234%−$23 on $10k
+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 0.374% cheaper against SunX than usual: you would sell low and buy high, −$37 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 | SunX PANW-USDT | 374.53 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $940 | $617K | 10x |
| Short | Gate PANW_USDT | 373.13 | 0.0097 | get 0.0097% / 8h | 1h 58m | $67K | $5K | 20x |
SunX PANW-USDT
Gate PANW_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. 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
- −$0.63
- Price spread: −0.374% → 0.000%
- −$37.38
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.01
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 3 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 SunX live order book, 3 min ago | 500.20 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDT | 0.0000% | 8h | 374.84 | +0.082% | $513K | $763K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 374.66 | +0.035% | $327K | $325K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 374.72 | +0.051% | $1.1M | $2.6M | 10x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 374.75 | +0.059% | $174K | $380K | 20x | as long as short |
| Gate PANW_USDTshort | +0.0097% | 8h | 373.13 | −0.374% | $67K | $5K | 20x | |
| SunX PANW-USDTlong | +0.0100% | 8h | 374.53 | long leg | $940 | $617K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 375.18 | +0.174% | $1K | $40K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 379.00 | +1.193% | $6K | $38K | 12x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
QFEX PANW-USD
Bitget PANWUSDT
HTX PANW-USDT
Injective PANW/USDC PERP