PANW Funding Rate
PANW perpetual funding on 12 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
PANW funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 WEEX8 hbest long | −0.0100% | −0.0100% | — | +0.0100% | −10.9% | −0.0235% | −0.184% | −0.679% | $150.1K | |
 LBank8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | 0.0000% | +0.0101% | +0.0357% | — | |
 Binance8 h | 0.0000% | 0.0000% | — | −0.0111% | 0.0% | 0.0000% | +0.0103% | +0.0499% | — | |
 OKX8 h | 0.0000% | 0.0000% | — | — | 0.0% | 0.0000% | 0.0000% | 0.0000% | $212.8K | |
 Bybit8 h | 0.0000% | 0.0000% | — | −0.0786% | 0.0% | 0.0000% | 0.0000% | 0.0000% | $109.4K | |
 Toobit8 h | 0.0000% | 0.0000% | — | −0.0269% | 0.0% | 0.0000% | +0.0103% | +0.0196% | $74.6K | |
 Bitget8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | 0.0000% | +0.180% | +0.221% | $136.5K | |
 Crypto.com1 h | +0.0046% | +0.0006% | — | — | 5.0% | +0.0208% | +0.945% | +2.297% | — | |
 HTX8 h | +0.0100% | +0.0100% | — | — | 11.0% | +0.0300% | +0.210% | +0.900% | $59.1K | |
 Deepcoin8 h | +0.0100% | +0.0100% | — | — | 11.0% | −0.0300% | −0.0300% | −0.549% | $1M | |
 XT8 hbest short | +0.0100% | +0.0100% | — | −0.0111% | 11.0% | +0.0300% | +0.210% | +0.900% | $68.9K | |
 BigONEinterval unknown | — | 0.0000% | — | +0.0100% | — | 0.0000% | 0.0000% | +0.0260% | $226.5K | |
What PANW funding actually paid
Over 7 days, a PANW long paid +0.113% on average across exchanges (5.9% a year). The most on Crypto.com (+0.945%), the least on WEEX (−0.184%).
Over 30 days, a PANW long paid +0.268% on average across exchanges (3.3% a year). The most on Crypto.com (+2.297%), the least on WEEX (−0.679%).
PANW funding rate history chart
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PANW funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on WEEX (−0.0100% per 8 h), the highest on XT (+0.0100%). Long on WEEX and short on XT, price hedged: a difference of 21.9% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
PANW perpetual futures by exchange
DeepcoinPANW/USDT:USDT$380.7600$1MBigONEPANW/USDT:USDT$380.7550$226.5KOKXPANW/USDT:USDT$380.8250$212.8KWEEXPANW/USDT:USDT$380.7800$150.1KBitgetPANW/USDT:USDT$380.3800$136.5KBybitPANW/USDT:USDT$380.5500$109.4KToobitPANW/USDT:USDT$380.7600$74.6KXTPANW/USDT:USDT$380.6500$68.9KHTXPANW/USDT:USDT$380.7850$59.1KCrypto.comPANW/USD:USD$380.1700—LBankPANW/USDT:USDT—BinancePANW/USDT:USDT$380.7750—FAQ
- What is the PANW funding rate?
A periodic payment between long and short holders of PANW perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0100% to 0.0100% per 8 hours across 12 exchanges.
- How often is PANW funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the PANW funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.