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

PENG

RWAall PENG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0362%/8h= +39.6% APRnext payment +$3.62 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.220%46s7-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 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.220% cheaper against Bitget than usual: you would sell low and buy high (spread −0.220% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 2.0 days of funding at the current rate (+$11 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PENGUSDT54.500−0.0362get 0.0362% / 8h19m 32s$36K$39K20x
ShortHTX PENG-USDT54.3800get 0.0000% / 8h19m 32s$6K$282K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$76.02
Price spread: −0.220% → 0.000%
−$22.02
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$30
Costs to cover
0.240%
Break-even
4.2 days
Slippage unknown: Bitget: no order-book sample; HTX: live order book, 17 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 HTX live order book, 17 min ago64.01 bpdoesn't fitdoesn't fitdoesn'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
Bitget PENGUSDTlong−0.0362%8h54.500long leg$36K$39K20x
Binance PENGUSDT0.0000%8h54.496−0.007%$139K$510K10xas long as short
OKX PENG-USDT-SWAP0.0000%8h54.580+0.147%$90K$79K20xas long as short
QFEX PENG-USD0.0000%1h54.600+0.183%$1.2M$787K10xas long as short
Gate PENG_USDT0.0000%8h54.450−0.092%$29K$9K20xas long as short
HTX PENG-USDTshort0.0000%8h54.380−0.220%$6K$282K10x
Vest PENG-USD-PERP+0.0046%1h54.610+0.202%10xas long as short
Nado PENG-PERP+0.0100%1h54.594+0.173%$29K$3K5xas long as short
edgeX PENGUSDC+0.0799%4h54.377−0.226%$18K$261K10xas long as short