Funding you earn now, next payment 08:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h −0.030%
Price spread now: Bitget against Nado−0.173%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 −$14 a day on $10k at the current rate, and Bitget is 0.173% cheaper against Nado than usual: you would sell low and buy high (−$17 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 | 22m 53s | $29K | $3K | 5x |
| Short | Bitget PENGUSDT | 54.500 | −0.0371 | pay 0.0371% / 8h | 22m 53s | $36K | $39K | 20x |
Nado PENG-PERP
Bitget PENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$98.91
- Price spread: −0.173% → 0.000%
- −$17.3
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$135.21
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample | — | — | — | — | — |
| Sell Bitget no order-book sample | — | — | — | — | — |
Nado and 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 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 PENGUSDTshort | −0.0371% | 8h | 54.500 | −0.173% | $36K | $39K | 20x | |
| edgeX PENGUSDC | −0.0078% | 4h | 54.387 | −0.380% | $18K | $261K | 10x | as long as short |
| Binance PENGUSDT | 0.0000% | 8h | 54.379 | −0.394% | $139K | $510K | 10x | as long as short |
| 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
Binance PENGUSDT
OKX PENG-USDT-SWAP
QFEX PENG-USD
Gate PENG_USDT
HTX PENG-USDT
Vest PENG-USD-PERP