Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Nado against Gate−0.099%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Nado is 0.099% cheaper against Gate than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENG_USDT | 54.920 | 0 | get 0.0000% / 8h | 2h 11m | $29K | $10K | 20x |
| Short | Nado PENG-PERP | 54.865 | 0.0100 | get 0.0012% / 1h | 11m 43s | $29K | $3K | 5x |
Gate PENG_USDT
Nado PENG-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $21
- Price spread: −0.099% → 0.000%
- −$9.95
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$10.95
- Costs to cover
- 0.220%
- Break-even
- 10.6 days
Slippage unknown: Gate: no order-book sample; Nado: 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 Gate no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Gate and Nado: 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 | −0.0575% | 8h | 54.970 | +0.091% | $56K | $30K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.720 | −0.364% | $1.2M | $770K | 10x | as long as short |
| Binance PENGUSDT | 0.0000% | 8h | 54.890 | −0.055% | $135K | $480K | 10x | as long as short |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.910 | −0.018% | $91K | $86K | 20x | as long as short |
| Gate PENG_USDTlong | 0.0000% | 8h | 54.920 | long leg | $29K | $10K | 20x | |
| HTX PENG-USDT | 0.0000% | 8h | 54.920 | 0.000% | $6K | $281K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.740 | −0.328% | — | — | 10x | as long as short |
| Nado PENG-PERPshort | +0.0100% | 1h | 54.865 | −0.099% | $29K | $3K | 5x | |
| edgeX PENGUSDC | +0.0650% | 4h | 54.846 | −0.135% | $18K | $262K | 10x | as long as short |
Bitget PENGUSDT
QFEX PENG-USD
Binance PENGUSDT
OKX PENG-USDT-SWAP
HTX PENG-USDT
Vest PENG-USD-PERP
edgeX PENGUSDC