Funding you earn now, next payment 08:00 UTC+0.0471%/8h= +51.6% APRpaid last 24h +0.030%
Price spread now: Nado against Bitget+0.173%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Nado is 0.173% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENGUSDT | 54.500 | −0.0371 | get 0.0371% / 8h | 22m 50s | $36K | $39K | 20x |
| Short | Nado PENG-PERP | 54.594 | 0.0100 | get 0.0012% / 1h | 22m 50s | $29K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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
- $98.91
- Price spread: +0.173% → 0.000%
- $17.33
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $97.24
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: Bitget: no order-book sample; Nado: no order-book sample. Net counts fees only.
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 Bitget no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Bitget and Nado: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PENGUSDTlong | −0.0371% | 8h | 54.500 | long leg | $36K | $39K | 20x | |
| edgeX PENGUSDC | −0.0078% | 4h | 54.387 | −0.208% | $18K | $261K | 10x | as long as short |
| Binance PENGUSDT | 0.0000% | 8h | 54.379 | −0.221% | $139K | $510K | 10x | as long as short |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.580 | +0.147% | $90K | $79K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.600 | +0.183% | $1.2M | $787K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.450 | −0.092% | $29K | $9K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 54.380 | −0.220% | $6K | $282K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.610 | +0.202% | — | — | 10x | as long as short |
| Nado PENG-PERPshort | +0.0100% | 1h | 54.594 | +0.173% | $29K | $3K | 5x |
Bitget PENGUSDT
edgeX PENGUSDC
Binance PENGUSDT
OKX PENG-USDT-SWAP
Gate PENG_USDT
HTX PENG-USDT