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

PENG

RWAall PENG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0530%/8h= +58.0% APRpaid last 24h +0.069%
Price spread now: QFEX against edgeX+0.013%57s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2332.334% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.243%−$24 on $10k
Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.013%, 7d avg +0.034%
Together, before fees−0.510%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.021% cheaper against edgeX than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.034%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 4 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PENGUSDC55.483−0.0530get 0.0265% / 4h3h 26m$18K$260K10x
ShortQFEX PENG-USD55.4900get 0.0000% / 1h26m 35s$1.2M$778K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against edgeX. 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
$111.31
Price spread: +0.013% → +0.034%
−$2.09
Slippage, 4 orders
−$214.4
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$124.18
Costs to cover
2.334%
Break-even
14.8 days
Slippage from edgeX: live order book, 26 min ago; QFEX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 26 min ago11.65 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago78.56 bp94.3 bp −$9496.1 bp −$961doesn't fitdoesn't fit

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
edgeX PENGUSDClong−0.0530%4h55.483long leg$18K$260K10x
Binance PENGUSDT0.0000%8h55.282−0.361%$128K$479K10xas long as short
OKX PENG-USDT-SWAP0.0000%8h55.290−0.347%$91K$92K20xas long as short
QFEX PENG-USDshort0.0000%1h55.490+0.013%$1.2M$778K10x
Gate PENG_USDT0.0000%8h55.460−0.041%$31K$9K20xas long as short
Bitget PENGUSDT0.0000%8h55.460−0.041%$59K$31K20xas long as short
HTX PENG-USDT0.0000%8h55.560+0.139%$6K$280K10xas long as short
Vest PENG-USD-PERP+0.0046%1h55.500+0.031%10xas long as short
Nado PENG-PERP+0.0100%1h55.236−0.445%$29K$3K5xas long as short