Why is the Palo Alto Networks tokenized stock (PANWON) spread so high on some exchanges?

No PANWON route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from WEEX, so a transfer there cannot be checked.

Where is Palo Alto Networks tokenized stock (PANWON) cheapest to buy?

Cheapest now on WEEX: $380.355; dearest on MEXC: $381.165, 0.21% apart. 2 exchanges with a liquid PANWON market compared, at the mid between bid and ask.

Is there an arbitrage opportunity in Palo Alto Networks tokenized stock (PANWON) right now?

Not on spot after fees: no spot route earns right now. The widest price gap is 0.21% (WEEX → MEXC), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between MEXC and WEEX: 29 times.

What is the Palo Alto Networks tokenized stock (PANWON) spread now?

0.21% between the cheapest (WEEX) and the dearest (MEXC) exchange, before fees. No route worth taking with an open transfer right now.

Palo Alto Networks tokenized stock (PANWON) arbitrage

As of 2026-10-25 05:54 UTC, there is no PANWON route between exchanges: no pair is in profit after taker fees. The closest to profit: buy on WEEX, sell on MEXC, −0.74% after fees.

PANWON on 2 exchanges spot and 0 in futures: live routes, past spreads and how long they last.

Prices at 05:54 UTC · open routes a minute older; real time in the scanners on paid plans · How we count

Price: $380.7600
24h volume: $247.8K
Exchanges: 2; 2 spot · 0 futures
Routes now: 0; 0 take · 0 risky
Gaps in 7 days: 52; 51 over a minute

Palo Alto Networks tokenized stock (PANWON) right now

PANWON is cheapest on WEEX ($380.355) and dearest on MEXC ($381.165): 0.21% apart across 2 exchanges with a liquid spot market, before fees.

No route in profit after fees is worth a look right now.

Over 7 days a spread in profit opened 52 times, and 51 of them lasted a minute or longer; one usually closed within 11 min 20 s.

Palo Alto Networks tokenized stock (PANWON) arbitrage opportunities now

No route is profitable after fees right now.

Palo Alto Networks tokenized stock (PANWON): net spread between exchanges

Where to buy and where to sell: the net spread after taker fees at the best book prices, for every pair of exchanges with a liquid spot market. A cell in profit with an open transfer leads to the route page.

Where to buy ↓ / where to sell →, net spread after taker fees, data as of 2026-10-25 05:54 UTC
Buy ↓ / sell →	MEXC	WEEX
MEXC	—	−1.17%
WEEX	−0.74%	—

+0.00% ⊘ — transfer closed: withdrawal or deposit closed, no common network or different tokens under the ticker, do not count on that profit
+0.00% ✕ — the engine flags the pair as suspect (price outlier, dead book), do not count on that profit
+0.00% ! — verdict avoid
+0.00% ? — the exchanges publish no network status, whether the coins can arrive is unknown
−0.00% — not in profit after fees

Palo Alto Networks tokenized stock (PANWON) arbitrage strategy

No PANWON route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:

Watch MEXC → WEEX: the spread opened there 30 times in 7 days, 29 of them for a minute or longer; it usually lasts 9 min 56 s.
Check the transfer in advance: MEXC or WEEX does not publish its network status.
Set an alert on the route: you hear when the spread pays after fees. Then buy on MEXC and sell on WEEX.

The route and its alert →

Palo Alto Networks tokenized stock (PANWON) price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 2

Exchange	Bid	Ask	Book spread	24h volume
MEXCPANWON/USDT	379.4100	382.9200	0.92%	$152.6K
WEEXPANWON/USDT	379.0300	381.6800	0.70%	$95.2K

How often Palo Alto Networks tokenized stock (PANWON) spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

Market	Route	Over a minute	Gaps	Median lifetime
spot → spot	MEXC spot → WEEX spot	29	30	9 min 56 s
spot → spot	WEEX spot → MEXC spot	22	22	18 min 07 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

Network	Exchange	Deposit	Withdraw	Withdrawal fee
ETH	MEXC	open	open	0.0015 PANWON

Gaps of a minute or longer, last 7 days

When (UTC)	Market	Route	Spread	Lasted	Transfer
Oct 23, 07:21 PM	spot → spot	WEEX → MEXC	0.148%	2 min 27 s	Transfer status unknown
Oct 23, 06:38 PM	spot → spot	WEEX → MEXC	0.114%	6 min 45 s	Transfer status unknown
Oct 23, 06:21 PM	spot → spot	WEEX → MEXC	0.169%	15 min 18 s	Transfer status unknown
Oct 23, 03:16 PM	spot → spot	MEXC → WEEX	0.304%	7 min 06 s	Transfer status unknown
Oct 23, 03:12 PM	spot → spot	MEXC → WEEX	0.130%	2 min 06 s	Transfer status unknown
Oct 23, 02:55 PM	spot → spot	WEEX → MEXC	0.325%	3 min 51 s	Transfer status unknown
Oct 23, 02:30 PM	spot → spot	WEEX → MEXC	0.285%	2 min 39 s	Transfer status unknown
Oct 23, 02:23 PM	spot → spot	WEEX → MEXC	0.212%	1 min 54 s	Transfer status unknown
Oct 23, 01:50 PM	spot → spot	WEEX → MEXC	0.909%	18 min 45 s	Transfer status unknown
Oct 22, 11:39 PM	spot → spot	MEXC → WEEX	0.116%	11 min 21 s	Transfer status unknown
Oct 22, 08:25 PM	spot → spot	MEXC → WEEX	0.189%	2 min 18 s	Transfer status unknown
Oct 22, 07:49 PM	spot → spot	WEEX → MEXC	0.242%	1 min 27 s	Transfer status unknown
Oct 22, 07:13 PM	spot → spot	WEEX → MEXC	0.293%	21 min 54 s	Transfer status unknown
Oct 22, 05:40 PM	spot → spot	MEXC → WEEX	0.860%	26 min 30 s	Transfer status unknown
Oct 22, 03:32 PM	spot → spot	MEXC → WEEX	0.111%	3 min 21 s	Transfer status unknown
Oct 22, 11:47 AM	spot → spot	WEEX → MEXC	0.839%	1 h 33 min	Transfer status unknown
Oct 22, 08:20 AM	spot → spot	MEXC → WEEX	0.305%	9 min 48 s	Transfer status unknown
Oct 22, 04:07 AM	spot → spot	MEXC → WEEX	0.829%	3 h 43 min	Transfer status unknown
Oct 22, 12:20 AM	spot → spot	MEXC → WEEX	0.267%	3 min 27 s	Transfer status unknown
Oct 21, 10:07 PM	spot → spot	MEXC → WEEX	0.435%	1 h 43 min	Transfer status unknown
Oct 21, 07:24 PM	spot → spot	MEXC → WEEX	0.201%	26 min 15 s	Transfer status unknown
Oct 21, 06:57 PM	spot → spot	MEXC → WEEX	0.270%	24 min 18 s	Transfer status unknown
Oct 21, 04:28 PM	spot → spot	WEEX → MEXC	0.845%	1 h 21 min	Transfer status unknown
Oct 21, 03:51 PM	spot → spot	WEEX → MEXC	0.286%	13 min 42 s	Transfer status unknown
Oct 21, 03:32 PM	spot → spot	MEXC → WEEX	0.123%	3 min 57 s	Transfer status unknown
Oct 21, 02:00 PM	spot → spot	WEEX → MEXC	0.838%	35 min 24 s	Transfer status unknown
Oct 21, 01:51 PM	spot → spot	WEEX → MEXC	0.752%	1 min 36 s	Transfer status unknown
Oct 21, 10:04 AM	spot → spot	MEXC → WEEX	0.192%	18 min 15 s	Transfer status unknown
Oct 21, 09:07 AM	spot → spot	MEXC → WEEX	0.313%	22 min 42 s	Transfer status unknown
Oct 21, 01:16 AM	spot → spot	MEXC → WEEX	0.150%	4 min 30 s	Transfer status unknown
Oct 21, 12:52 AM	spot → spot	MEXC → WEEX	0.778%	19 min 48 s	Transfer status unknown
Oct 20, 01:41 PM	spot → spot	MEXC → WEEX	0.947%	6 min 33 s	Transfer status unknown
Oct 20, 12:18 PM	spot → spot	MEXC → WEEX	0.150%	29 min 24 s	Transfer status unknown
Oct 20, 11:29 AM	spot → spot	MEXC → WEEX	0.817%	44 min 42 s	Transfer status unknown
Oct 20, 11:20 AM	spot → spot	MEXC → WEEX	0.617%	5 min 12 s	Transfer status unknown
Oct 20, 11:01 AM	spot → spot	MEXC → WEEX	0.820%	13 min 39 s	Transfer status unknown
Oct 20, 10:34 AM	spot → spot	MEXC → WEEX	0.102%	10 min 18 s	Transfer status unknown
Oct 20, 10:15 AM	spot → spot	MEXC → WEEX	0.119%	5 min 33 s	Transfer status unknown
Oct 20, 09:47 AM	spot → spot	MEXC → WEEX	0.136%	2 min 03 s	Transfer status unknown
Oct 20, 09:26 AM	spot → spot	MEXC → WEEX	0.119%	9 min 57 s	Transfer status unknown
Oct 20, 08:21 AM	spot → spot	MEXC → WEEX	0.247%	6 min 18 s	Transfer status unknown
Oct 20, 07:25 AM	spot → spot	MEXC → WEEX	0.218%	17 min 15 s	Transfer status unknown
Oct 20, 06:26 AM	spot → spot	MEXC → WEEX	0.128%	8 min 33 s	Transfer status unknown
Oct 20, 01:31 AM	spot → spot	WEEX → MEXC	0.459%	2 h 46 min	Transfer status unknown
Oct 19, 05:53 PM	spot → spot	WEEX → MEXC	0.117%	9 min 36 s	Transfer status unknown
Oct 19, 05:14 PM	spot → spot	WEEX → MEXC	0.309%	33 min 45 s	Transfer status unknown
Oct 19, 05:04 PM	spot → spot	WEEX → MEXC	0.120%	2 min 57 s	Transfer status unknown
Oct 19, 02:22 PM	spot → spot	WEEX → MEXC	0.731%	2 h 02 min	Transfer status unknown
Oct 19, 02:02 PM	spot → spot	WEEX → MEXC	0.378%	18 min 06 s	Transfer status unknown
Oct 19, 02:04 AM	spot → spot	WEEX → MEXC	0.704%	5 h 47 min	Transfer status unknown

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on Palo Alto Networks tokenized stock (PANWON)

PANWON trades on: MEXC, WEEX

FAQ

Why is the Palo Alto Networks tokenized stock (PANWON) spread so high on some exchanges?: No PANWON route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from WEEX, so a transfer there cannot be checked.
Where is Palo Alto Networks tokenized stock (PANWON) cheapest to buy?: Cheapest now on WEEX: $380.355; dearest on MEXC: $381.165, 0.21% apart. 2 exchanges with a liquid PANWON market compared, at the mid between bid and ask.
Is there an arbitrage opportunity in Palo Alto Networks tokenized stock (PANWON) right now?: Not on spot after fees: no spot route earns right now. The widest price gap is 0.21% (WEEX → MEXC), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between MEXC and WEEX: 29 times.
What is the Palo Alto Networks tokenized stock (PANWON) spread now?: 0.21% between the cheapest (WEEX) and the dearest (MEXC) exchange, before fees. No route worth taking with an open transfer right now.