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
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENG-USDT-SWAP | 54.870 | 0.0165 | pay 0.0165% / 8h | 4h 51m | $91K | $74K | 20x |
| Short | Bitget PENGUSDT | 54.840 | 0 | get 0.0000% / 8h | 4h 51m | $36K | $38K | 20x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PENGUSDT | 0.0000% | 8h | 54.800 | −0.128% | $133K | $509K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 54.860 | −0.018% | $29K | $8K | 20x | as long as short |
| Bitget PENGUSDTshort | 0.0000% | 8h | 54.840 | −0.055% | $36K | $38K | 20x | |
| HTX PENG-USDT | 0.0000% | 8h | 54.780 | −0.164% | $6K | $281K | 10x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 54.780 | −0.164% | $1.2M | $856K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 54.770 | −0.182% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 54.904 | +0.061% | $29K | $3K | 5x | as long as short |
| OKX PENG-USDT-SWAPlong | +0.0165% | 8h | 54.870 | long leg | $91K | $74K | 20x | |
| edgeX PENGUSDC | +0.0266% | 4h | 54.702 | −0.307% | $18K | $260K | 10x | as long as short |
OKX PENG-USDT-SWAP
Bitget PENGUSDT
Binance PENGUSDT
Gate PENG_USDT
HTX PENG-USDT
edgeX PENGUSDC