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

PENG

RWAall PENG markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PENGUSDT54.500−0.0371get 0.0371% / 8h22m 50s$36K$39K20x
ShortNado PENG-PERP54.5940.0100get 0.0012% / 1h22m 50s$29K$3K5x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PENGUSDTlong−0.0371%8h54.500long leg$36K$39K20x
edgeX PENGUSDC−0.0078%4h54.387−0.208%$18K$261K10xas long as short
Binance PENGUSDT0.0000%8h54.379−0.221%$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-USDT0.0000%8h54.380−0.220%$6K$282K10xas long as short
Vest PENG-USD-PERP+0.0046%1h54.610+0.202%10xas long as short
Nado PENG-PERPshort+0.0100%1h54.594+0.173%$29K$3K5x