Funding you earn now, next payment 12:00 UTC+0.0620%/8h= +67.9% APRpaid last 24h +0.038%
Price spread now: Bitget against edgeX−0.086%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Bitget is 0.086% cheaper against edgeX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 11 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.239%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.239% in total (about -12.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENGUSDC | 54.647 | −0.0620 | get 0.0310% / 4h | 11m 05s | $18K | $260K | 10x |
| Short | Bitget PENGUSDT | 54.600 | 0 | get 0.0000% / 8h | 4h 11m | $36K | $38K | 20x |
edgeX PENGUSDC
Bitget PENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $130.15
- Price spread: −0.086% → 0.000%
- −$8.6
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $100.55
- Costs to cover
- 0.210%
- Break-even
- 1.6 days
Slippage unknown: edgeX: live order book, 29 min ago; Bitget: 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 edgeX live order book, 29 min ago | 18.27 bp | 36.4 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget no order-book sample | — | — | — | — | — |
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 PENGUSDClong | −0.0620% | 4h | 54.647 | long leg | $18K | $260K | 10x | |
| Binance PENGUSDT | 0.0000% | 8h | 54.551 | −0.175% | $133K | $520K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.550 | −0.177% | $28K | $9K | 20x | as long as short |
| Bitget PENGUSDTshort | 0.0000% | 8h | 54.600 | −0.086% | $36K | $38K | 20x | |
| HTX PENG-USDT | 0.0000% | 8h | 54.550 | −0.177% | $6K | $279K | 10x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.610 | −0.068% | $1.2M | $859K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.620 | −0.049% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 54.520 | −0.233% | $28K | $3K | 5x | as long as short |
| OKX PENG-USDT-SWAP | +0.0102% | 8h | 54.570 | −0.141% | $91K | $72K | 20x | as long as short |
Binance PENGUSDT
Gate PENG_USDT
HTX PENG-USDT
QFEX PENG-USD
Vest PENG-USD-PERP
Nado PENG-PERP
OKX PENG-USDT-SWAP