Funding you earn now, next payment 10:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.032%
Price spread now: QFEX against Bitget−0.055%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Funding pays, the price is against you. QFEX is 0.055% cheaper against Bitget than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 40 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENGUSDT | 54.270 | −0.0069 | get 0.0069% / 8h | 6h 20m | $36K | $38K | 20x |
| Short | QFEX PENG-USD | 54.240 | 0.0042 | get 0.0005% / 1h | 20m 01s | $1.2M | $871K | 10x |
Bitget PENGUSDT
QFEX PENG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $23.34
- Price spread: −0.055% → 0.000%
- −$5.53
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$4.18
- Costs to cover
- 0.220%
- Break-even
- 8.3 days
Slippage unknown: Bitget: no order-book sample; QFEX: live order book, 4 min ago. 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 QFEX live order book, 4 min ago | 1.84 bp | 142.0 bp −$142 | 144.1 bp −$1,441 | doesn't fit | doesn'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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PENGUSDC | −0.0345% | 4h | 54.255 | −0.027% | $18K | $261K | 10x | as long as short |
| Bitget PENGUSDTlong | −0.0069% | 8h | 54.270 | long leg | $36K | $38K | 20x | |
| Binance PENGUSDT | 0.0000% | 8h | 54.139 | −0.242% | $132K | $505K | 10x | as long as short |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.270 | 0.000% | $90K | $78K | 20x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.160 | −0.203% | $29K | $8K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 54.250 | −0.037% | $6K | $281K | 10x | as long as short |
| QFEX PENG-USDshort | +0.0042% | 1h | 54.240 | −0.055% | $1.2M | $871K | 10x | |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.240 | −0.055% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 53.616 | −1.204% | $28K | $3K | 5x | as long as short |
edgeX PENGUSDC
Binance PENGUSDT
OKX PENG-USDT-SWAP
Gate PENG_USDT
HTX PENG-USDT
Vest PENG-USD-PERP
Nado PENG-PERP