Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: QFEX against SunX+0.107%7-day average +0.008% · 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)−0.350%−$35 · spread now +0.107%, 7d avg +0.008%
=The price spread pays, funding is against you. QFEX is 0.100% dearer against SunX than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.008%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PANW-USDT | 372.64 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $1K | $624K | 10x |
| Short | QFEX PANW-USD | 373.04 | 0 | get 0.0000% / 1h | 51m 21s | $1.1M | $2.6M | 10x |
SunX PANW-USDT
QFEX PANW-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$21
- Price spread: +0.107% → +0.008%
- $9.98
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$29.02
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 20 min ago; QFEX: live order book, 6 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 SunX live order book, 20 min ago | 500.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.28 bp | 32.8 bp −$33 | 35.5 bp −$355 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDT | 0.0000% | 8h | 372.97 | +0.090% | $515K | $771K | 25x | as long as short |
| Bybit PANWUSDT | 0.0000% | 8h | 372.75 | +0.030% | $325K | $324K | 25x | as long as short |
| QFEX PANW-USDshort | 0.0000% | 1h | 373.04 | +0.107% | $1.1M | $2.6M | 10x | |
| Gate PANW_USDT | 0.0000% | 8h | 372.28 | −0.097% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDT | 0.0000% | 8h | 372.89 | +0.067% | $174K | $378K | 20x | as long as short |
| SunX PANW-USDTlong | +0.0100% | 8h | 372.64 | long leg | $1K | $624K | 10x | |
| HTX PANW-USDT | +0.0100% | 8h | 369.87 | −0.743% | $1K | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 377.23 | +1.232% | $6K | $38K | 12x | as long as short |
Binance PANWUSDT
Bybit PANWUSDT
Gate PANW_USDT
Bitget PANWUSDT
HTX PANW-USDT
Injective PANW/USDC PERP