Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h −0.068%
Price spread now: edgeX against Gate−0.116%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.116% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENG_USDT | 54.450 | 0 | get 0.0000% / 8h | 22m 58s | $29K | $9K | 20x |
| Short | edgeX PENGUSDC | 54.387 | −0.0078 | pay 0.0039% / 4h | 22m 58s | $18K | $261K | 10x |
Gate PENG_USDT
edgeX PENGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$16.35
- Price spread: −0.116% → 0.000%
- −$11.59
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$51.95
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; edgeX: live order book, 15 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 Gate no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 15 min ago | 11.96 bp | 22.9 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PENGUSDT | −0.0371% | 8h | 54.500 | +0.092% | $36K | $39K | 20x | as long as short |
| edgeX PENGUSDCshort | −0.0078% | 4h | 54.387 | −0.116% | $18K | $261K | 10x | |
| Binance PENGUSDT | 0.0000% | 8h | 54.377 | −0.134% | $139K | $510K | 10x | as long as short |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.580 | +0.239% | $90K | $79K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.600 | +0.275% | $1.2M | $787K | 10x | as long as short |
| Gate PENG_USDTlong | 0.0000% | 8h | 54.450 | long leg | $29K | $9K | 20x | |
| HTX PENG-USDT | 0.0000% | 8h | 54.380 | −0.129% | $6K | $282K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.610 | +0.294% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 54.594 | +0.265% | $29K | $3K | 5x | as long as short |
Bitget PENGUSDT
Binance PENGUSDT
OKX PENG-USDT-SWAP
QFEX PENG-USD
HTX PENG-USDT
Vest PENG-USD-PERP
Nado PENG-PERP