# PANW Funding Rates

As of 2026-10-03 23:43 UTC, PANW perpetual funding averages -0.0072% per 8 hours (-7.86% APR) across all 10 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Binance at 0.0000% per 8h (0.00% APR). Lowest: Deepcoin at -0.0100% per 8h (-10.95% APR). Going long on Deepcoin and short on Binance collects a gross spread of 0.0100% per 8 hours (10.95% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [HTX](https://arbtide.com/funding-rates/panw/htx) | [PANW/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PANW-USDT&contract_type=swap&type=cross) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/panw/cryptocom) | [PANW/USD:USD](https://crypto.com/exchange/trade/PANWUSD-PERP) | 0.0006% | 1h | 5.00% | 2026-10-04 00:00 UTC |
| [Binance](https://arbtide.com/funding-rates/panw/binance) | [PANW/USDT:USDT](https://www.binance.com/en/futures/PANWUSDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/panw/bybit) | [PANW/USDT:USDT](https://www.bybit.com/trade/usdt/PANWUSDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/panw/bitget) | [PANW/USDT:USDT](https://www.bitget.com/futures/usdt/PANWUSDT) | 0.0000% | 8h | 0.00% | — |
| [Gate](https://arbtide.com/funding-rates/panw/gate) | [PANW/USDT:USDT](https://www.gate.com/futures/USDT/PANW_USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/panw/lbank) | [PANW/USDT:USDT](https://www.lbank.com/futures/panwusdt) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/panw/toobit) | [PANW/USDT:USDT](https://www.toobit.com/en-US/futures/PANW-SWAP-USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/panw/weex) | [PANW/USDT:USDT](https://www.weex.com/futures/PANW-USDT) | -0.0084% | 8h | -9.20% | 2026-10-03 23:43 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/panw/deepcoin) | [PANW/USDT:USDT](https://www.deepcoin.com/en/swap/PANW-USDT) | -0.0100% | 8h | -10.95% | — |

## Frequently asked questions

### Is the PANW funding rate positive right now?

Mostly no. PANW funding is positive on 2 of the 10 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest PANW funding rate?

Binance at 0.0000% per 8h (0.00% APR). The lowest is Deepcoin at -0.0100% per 8h (-10.95% APR).

### What is the PANW funding arbitrage spread?

The gross spread is 0.0100% per 8 hours (10.95% APR): long PANW on Deepcoin and short on Binance. Trading fees, slippage and price basis reduce the net return.

### How often is PANW funding paid?

PANW funding is paid every 8 hours on HTX, Binance, Bybit, Bitget, Gate, LBank, Toobit, WEEX, and Deepcoin; every hour on Crypto.com. Rates on this page are also shown as APR so they can be compared directly.