Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

PENG

RWAAll PENG markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BingXNCSKPENG2USD-USDT
55.600+0.0566pay 0.0566% / 8h3h 41m$933K$1.3M—Long BingX
SHORT
Vest MarketsPENG-USD-PERP
55.830+0.0144get 0.0018% / 1h41m 42s$99K—10xShort Vest Markets+5% pts
Price gap+0.414%
Funding gap−0.0422% /8h

The gap pays +$41 on $10k if it goes back to zero (no 7-day history yet), but funding costs $13 a day and eats that in about 3.3 days.

Funding on this pair paid 0.143% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$14−0.0422% /8h now · paid +0.143% over the last 7D
Price—spread +0.414% now · no price history on both exchanges yet
Costsno datano order book for Vest Markets
Result, before costs—+ Points / potential airdropVest Markets: points · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.143% in total, about +0.0068%/8h on average.

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.414%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PENG on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets: its slippage is not counted.
  • Note: Margin at max leverage— + $1,000
    BingX —, Vest Markets 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$12.65Long BingX: 3 payments, −$16.98; short Vest Markets: 24 payments, +$4.33.
  • Note: No 7-day spread history+0.414%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$99K vs $933K OI
    Vest Markets sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Vest Markets No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0068%/8h × 21 periods+$14.30
Price spread+0.414% → 0+$41.37
Slippage, 4 ordersno data for Vest Markets—
Fee BingX bp × 2 orders−$10.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k+$43.67
Costs to cover0.120%Break-evenfrom the start
Slippage: BingX: live order book, 11 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX19.8153.7 bp−$54144.9 bp−$1,449439.4 bp−$43.9K857.9 bp−$429.0K
SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

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