Funding you earn now, next payment 12:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h −0.070%
Price spread now: edgeX against Binance−0.046%80s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1371.373% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 2 days (all we have)−0.009%−$1 · spread now −0.046%, 7d avg −0.011%
=Together, before fees+0.157%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.035% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.011%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUSDT | 54.352 | 0 | get 0.0000% / 8h | 7h 00m | $134K | $524K | 10x |
| Short | edgeX PENGUSDC | 54.327 | 0.0048 | get 0.0024% / 4h | 3h 00m | $18K | $261K | 10x |
Binance PENGUSDT
edgeX PENGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.99
- Price spread: −0.046% → −0.011%
- −$3.47
- Slippage, 4 orders
- −$118.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$130.81
- Costs to cover
- 1.373%
- Break-even
- 98.6 days
Slippage from Binance: live order book, 62 min ago; edgeX: live order book, 32 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 62 min ago | 5.50 bp | 53.4 bp −$53 | 245.9 bp −$2,459 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 15.70 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
PENG on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest PENG-USD-PERP | −0.0299% | 1h | 54.250 | −0.188% | — | — | 10x | as long as short |
| Bitget PENGUSDT | −0.0172% | 8h | 54.310 | −0.077% | $36K | $39K | 20x | as long as short |
| Binance PENGUSDTlong | 0.0000% | 8h | 54.352 | long leg | $134K | $524K | 10x | |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.360 | +0.015% | $90K | $78K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.010 | −0.629% | $1.2M | $850K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.290 | −0.114% | $29K | $9K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 54.350 | −0.004% | $6K | $282K | 10x | as long as short |
| edgeX PENGUSDCshort | +0.0048% | 4h | 54.327 | −0.046% | $18K | $261K | 10x | |
| Nado PENG-PERP | +0.0100% | 1h | 53.605 | −1.374% | $28K | $3K | 5x | as long as short |
Vest PENG-USD-PERP
Bitget PENGUSDT
OKX PENG-USDT-SWAP
QFEX PENG-USD
Gate PENG_USDT
HTX PENG-USDT
Nado PENG-PERP