Settings8H · net · $10k
Funding arb · Price arb /

PENG

RWAall PENG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.018%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PENGUSDT55.9700get 0.0000% / 8h5h 14m$60K$30K20x
ShortBinance PENGUSDT55.9600get 0.0000% / 8h5h 14m$132K$450K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.018% → 0.000%
−$1.79
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.79
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: no order-book sample; Binance: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget no order-book sample
Sell Binance live order book, 62 min ago12.55 bp30.7 bp −$31261.4 bp −$2,614doesn't fitdoesn't fit
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENG on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX PENG-USD−0.0001%1h55.850−0.214%$1.2M$858K10xas long as short
Binance PENGUSDTshort0.0000%8h55.960−0.018%$132K$450K10x
OKX PENG-USDT-SWAP0.0000%8h55.840−0.232%$93K$95K20xas long as short
Gate PENG_USDT0.0000%8h55.930−0.071%$29K$8K20xas long as short
Bitget PENGUSDTlong0.0000%8h55.970long leg$60K$30K20x
HTX PENG-USDT0.0000%8h55.960−0.018%$6K$280K10xas long as short
Vest PENG-USD-PERP+0.0046%1h55.850−0.214%10xas long as short
Nado PENG-PERP+0.0100%1h55.975+0.009%$29K$3K5xas long as short
edgeX PENGUSDC+0.0446%4h55.946−0.042%$18K$262K10xas long as short