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

PENG

RWAall PENG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0165%/8h= −18.1% APRnext payment $1.65 per $10,000 · paid last 24h −0.032%
Price spread now: Bitget against OKX−0.055%7-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 7 days−0.032%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.055% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PENG-USDT-SWAP54.8700.0165pay 0.0165% / 8h4h 51m$91K$74K20x
ShortBitget PENGUSDT54.8400get 0.0000% / 8h4h 51m$36K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
−$34.67
Price spread: −0.055% → 0.000%
−$5.47
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$62.13
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX no order-book sample
Sell Bitget no order-book sample
OKX 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PENGUSDT0.0000%8h54.800−0.128%$133K$509K10xas long as short
Gate PENG_USDT0.0000%8h54.860−0.018%$29K$8K20xas long as short
Bitget PENGUSDTshort0.0000%8h54.840−0.055%$36K$38K20x
HTX PENG-USDT0.0000%8h54.780−0.164%$6K$281K10xas long as short
QFEX PENG-USD0.0000%1h54.780−0.164%$1.2M$856K10xas long as short
Vest PENG-USD-PERP+0.0046%1h54.770−0.182%10xas long as short
Nado PENG-PERP+0.0100%1h54.904+0.061%$29K$3K5xas long as short
OKX PENG-USDT-SWAPlong+0.0165%8h54.870long leg$91K$74K20x
edgeX PENGUSDC+0.0266%4h54.702−0.307%$18K$260K10xas long as short