Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Binance−0.492%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2232.229% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 2 days (all we have)+0.711%+$71 · spread now −0.492%, 7d avg +0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.604% cheaper against Binance than usual: you would sell low and buy high, −$60 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUSDT | 54.880 | 0 | get 0.0000% / 8h | 2h 33m | $135K | $487K | 10x |
| Short | QFEX PENG-USD | 54.610 | 0.0000 | pay 0.0000% / 1h | 33m 40s | $1.2M | $780K | 10x |
Binance PENGUSDT
QFEX PENG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$0.02
- Price spread: −0.492% → +0.112%
- −$60.4
- Slippage, 4 orders
- −$202.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$283.29
- Costs to cover
- 2.229%
- Break-even
- never at this rate
Slippage from Binance: live order book, 73 min ago; QFEX: live order book, 2 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, 73 min ago | 5.39 bp | 43.3 bp −$43 | 142.1 bp −$1,421 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.75 bp | 73.3 bp −$73 | 77.4 bp −$774 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PENGUSDT | −0.0287% | 8h | 55.030 | +0.273% | $56K | $31K | 20x | as long as short |
| QFEX PENG-USDshort | 0.0000% | 1h | 54.610 | −0.492% | $1.2M | $780K | 10x | |
| Binance PENGUSDTlong | 0.0000% | 8h | 54.880 | long leg | $135K | $487K | 10x | |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.770 | −0.200% | $91K | $91K | 20x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.930 | +0.091% | $29K | $9K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 54.840 | −0.073% | $6K | $281K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.590 | −0.528% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 54.965 | +0.154% | $29K | $3K | 5x | as long as short |
| edgeX PENGUSDC | +0.0159% | 4h | 54.899 | +0.034% | $18K | $261K | 10x | as long as short |
Bitget PENGUSDT
OKX PENG-USDT-SWAP
Gate PENG_USDT
HTX PENG-USDT
Vest PENG-USD-PERP
Nado PENG-PERP
edgeX PENGUSDC