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PANW Funding Rate History

PANW perpetual futures funding ranges from 0.00 bps on QFEX to 1.00 bps on BINGX across 5 reporting venues, a spread of 1.00 bps. The most extreme rate (10.95% APY annualized) is on BINGX. 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
BINGX1.00 bps10.95% APY0.70 bps$1.22M
HUOBI1.00 bps10.95% APY1.00 bps$41.21K
GATEIO1.00 bps10.95% APY1.00 bps$5.31K
VEST0.50 bps5.47% APY0.50 bps$0
QFEX0.00 bps0.00% APYn/a$566.09K

Last updated 2026-07-16T16:36:16Z (UTC).

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