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

PENG

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0836%/8h= +91.5% APRpaid last 24h −0.098%
Price spread now: edgeX against Nado−0.369%62s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.369% cheaper against Nado than usual: you would sell low and buy high (spread −0.369% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 35 hours of funding at the current rate (+$25 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PENG-PERP54.5940.0100pay 0.0012% / 1h16m 05s$29K$3K5x
ShortedgeX PENGUSDC54.3930.0936get 0.0468% / 4h16m 05s$18K$262K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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
$175.48
Price spread: −0.369% → 0.000%
−$36.91
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$122.56
Costs to cover
0.160%
Break-even
2.1 days
Slippage unknown: Nado: no order-book sample; edgeX: live order book, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell edgeX live order book, 21 min ago11.96 bp22.9 bp −$23doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PENGUSDT−0.0355%8h54.500−0.173%$36K$39K20xas long as short
Binance PENGUSDT0.0000%8h54.374−0.403%$139K$510K10xas long as short
OKX PENG-USDT-SWAP0.0000%8h54.580−0.026%$90K$79K20xas long as short
QFEX PENG-USD0.0000%1h54.600+0.011%$1.2M$787K10xas long as short
Gate PENG_USDT0.0000%8h54.450−0.264%$29K$9K20xas long as short
HTX PENG-USDT0.0000%8h54.380−0.392%$6K$282K10xas long as short
Vest PENG-USD-PERP+0.0046%1h54.610+0.029%10xas long as short
Nado PENG-PERPlong+0.0100%1h54.594long leg$29K$3K5x
edgeX PENGUSDCshort+0.0936%4h54.393−0.369%$18K$262K10x