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−0.0154%/8h= −16.9% APRnext payment $1.54 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against OKX−0.037%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 days0.000%$0 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 HTX is 0.037% cheaper against OKX than usual: you would sell low and buy high (−$4 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-SWAP54.7300.0154pay 0.0154% / 8h4h 44m$91K$74K20x
ShortHTX PENG-USDT54.7100get 0.0000% / 8h4h 44m$6K$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$32.41
Price spread: −0.037% → 0.000%
−$3.65
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$58.06
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: no order-book sample; HTX: live order book, 60 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 OKX no order-book sample
Sell HTX live order book, 60 min ago26.55 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
OKX: 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%8h54.703−0.050%$133K$510K10xas long as short
Gate PENG_USDT0.0000%8h54.750+0.037%$29K$8K20xas long as short
Bitget PENGUSDT0.0000%8h54.770+0.073%$36K$38K20xas long as short
HTX PENG-USDTshort0.0000%8h54.710−0.037%$6K$280K10x
QFEX PENG-USD0.0000%1h54.710−0.037%$1.2M$861K10xas long as short
Vest PENG-USD-PERP+0.0046%1h54.720−0.018%10xas long as short
Nado PENG-PERP+0.0100%1h54.622−0.197%$29K$3K5xas long as short
OKX PENG-USDT-SWAPlong+0.0154%8h54.730long leg$91K$74K20x
edgeX PENGUSDC+0.0857%4h54.636−0.172%$18K$261K10xas long as short