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PANW Funding Rate History

PANW perpetual futures funding ranges from 0.00 bps on QFEX to 0.50 bps on VEST across 2 reporting venues, a spread of 0.50 bps. The most extreme rate (5.47% APY annualized) is on VEST. Currently all venues currently report positive funding (longs paying shorts).

A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on PANW price.

PANW Per-Exchange Funding Rates

ExchangeCurrent Funding (bps)Funding APY7-Day Avg Funding (bps)24h Volume
VEST0.50 bps5.47% APY0.50 bps$0
QFEX0.00 bps0.00% APY0.00 bps$218.15K

Last updated 2026-06-01T15:08:33.895828Z (UTC).

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