Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Binance against Nado−0.392%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$3 a day on $10k at the current rate, and Binance is 0.392% cheaper against Nado than usual: you would sell low and buy high (−$39 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 | Nado PENG-PERP | 54.594 | 0.0100 | pay 0.0012% / 1h | 20m 36s | $29K | $3K | 5x |
| Short | Binance PENGUSDT | 54.381 | 0 | get 0.0000% / 8h | 20m 36s | $139K | $510K | 10x |
Nado PENG-PERP
Binance PENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Nado. 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: −0.392% → 0.000%
- −$39.18
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$77.18
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Binance: live order book, 56 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 Nado no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 56 min ago | 5.48 bp | 54.5 bp −$54 | 228.3 bp −$2,283 | doesn't fit | doesn't fit |
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 | −0.0365% | 8h | 54.500 | −0.173% | $36K | $39K | 20x | as long as short |
| Binance PENGUSDTshort | 0.0000% | 8h | 54.381 | −0.392% | $139K | $510K | 10x | |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 54.580 | −0.026% | $90K | $79K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.600 | +0.010% | $1.2M | $787K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.450 | −0.265% | $29K | $9K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 54.380 | −0.393% | $6K | $282K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.610 | +0.028% | — | — | 10x | as long as short |
| Nado PENG-PERPlong | +0.0100% | 1h | 54.594 | long leg | $29K | $3K | 5x | |
| edgeX PENGUSDC | +0.0799% | 4h | 54.377 | −0.399% | $18K | $261K | 10x | as long as short |
Bitget PENGUSDT
OKX PENG-USDT-SWAP
QFEX PENG-USD
Gate PENG_USDT
HTX PENG-USDT
Vest PENG-USD-PERP
edgeX PENGUSDC