Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: Injective against SunX+1.039%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 +$4 a day on $10k at the current rate, and Injective is 1.039% dearer against SunX than usual: you sell high and buy low: +$104 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 | SunX PANW-USDT | 371.63 | 0.0100 | pay 0.0100% / 8h | 3h 52m | $1K | $624K | 10x |
| Short | Injective PANW/USDC PERP | 375.49 | 0.0220 | get 0.0028% / 1h | 52m 49s | $6K | $38K | 12x |
SunX PANW-USDT
Injective PANW/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $25.2
- Price spread: +1.039% → 0.000%
- $103.87
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $121.05
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 28 min ago; Injective: 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, 28 min ago | 500.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 371.43 | −0.054% | $514K | $762K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 371.24 | −0.105% | $314K | $322K | 25x | as long as short |
| QFEX PANW-USD | 0.0000% | 1h | 371.28 | −0.094% | $1.1M | $2.5M | 10x | as long as short |
| Gate PANW_USDT | 0.0000% | 8h | 371.80 | +0.046% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 371.56 | −0.019% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDTlong | +0.0100% | 8h | 371.63 | long leg | $1K | $624K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 371.67 | +0.011% | $896 | $39K | 10x | as long as short |
| Injective PANW/USDC PERPshort | +0.0220% | 1h | 375.49 | +1.039% | $6K | $38K | 12x |
Binance PANWUSDT
Bybit PANWUSDT
QFEX PANW-USD
Gate PANW_USDT
Bitget PANWUSDT
HTX PANW-USDT