Funding you earn now, next payment 08:00 UTC+0.0688%/8h= +75.3% APRpaid last 24h +0.068%
Price spread now: Binance against edgeX+0.080%100s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 2 days (all we have)−0.022%−$2 · spread now +0.080%, 7d avg +0.014%
=Together, before fees−0.186%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Binance is 0.066% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour. The two prices were read 100 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 -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENGUSDC | 55.446 | −0.0688 | get 0.0344% / 4h | 3h 29m | $18K | $262K | 10x |
| Short | Binance PENGUSDT | 55.490 | 0 | get 0.0000% / 8h | 3h 29m | $128K | $471K | 10x |
edgeX PENGUSDC
Binance PENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $144.5
- Price spread: +0.080% → +0.014%
- $6.65
- Slippage, 4 orders
- −$100.29
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $31.85
- Costs to cover
- 1.193%
- Break-even
- 5.5 days
Slippage from edgeX: live order book, 23 min ago; Binance: live order book, 17 min ago.
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 edgeX live order book, 23 min ago | 11.65 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 5.39 bp | 33.0 bp −$33 | 248.7 bp −$2,487 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PENGUSDClong | −0.0688% | 4h | 55.446 | long leg | $18K | $262K | 10x | |
| Binance PENGUSDTshort | 0.0000% | 8h | 55.490 | +0.080% | $128K | $471K | 10x | |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 55.440 | −0.010% | $92K | $92K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 55.380 | −0.119% | $1.2M | $778K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 55.410 | −0.065% | $31K | $9K | 20x | as long as short |
| Bitget PENGUSDT | 0.0000% | 8h | 55.420 | −0.046% | $58K | $31K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 55.440 | −0.010% | $6K | $280K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 55.390 | −0.101% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 55.316 | −0.234% | $29K | $3K | 5x | as long as short |
OKX PENG-USDT-SWAP
QFEX PENG-USD
Gate PENG_USDT
Bitget PENGUSDT
HTX PENG-USDT
Vest PENG-USD-PERP
Nado PENG-PERP