Funding you earn now, next payment 02:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%
Price spread now: Binance against QFEX+0.018%7-day average −0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1401.404% of the position
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 2 days (all we have)−0.201%−$20 · spread now +0.018%, 7d avg −0.157%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.175% dearer against QFEX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PENG-USD | 55.720 | 0.0001 | pay 0.0000% / 1h | 59m 46s | $1.2M | $843K | 10x |
| Short | Binance PENGUSDT | 55.730 | 0 | get 0.0000% / 8h | 5h 59m | $132K | $447K | 10x |
QFEX PENG-USD
Binance PENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$0.15
- Price spread: +0.018% → −0.157%
- $17.45
- Slippage, 4 orders
- −$120.44
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$123.13
- Costs to cover
- 1.404%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Binance: live order book, 17 min ago.
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 QFEX live order book, 6 min ago | 2.69 bp | 36.2 bp −$36 | 39.5 bp −$395 | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 12.55 bp | 30.7 bp −$31 | 261.4 bp −$2,614 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PENGUSDC | −0.0821% | 4h | 55.758 | +0.068% | $18K | $262K | 10x | as long as short |
| Binance PENGUSDTshort | 0.0000% | 8h | 55.730 | +0.018% | $132K | $447K | 10x | |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 55.760 | +0.072% | $93K | $95K | 20x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 55.750 | +0.054% | $29K | $8K | 20x | as long as short |
| Bitget PENGUSDT | 0.0000% | 8h | 55.740 | +0.036% | $60K | $30K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 55.740 | +0.036% | $6K | $279K | 10x | as long as short |
| QFEX PENG-USDlong | +0.0001% | 1h | 55.720 | long leg | $1.2M | $843K | 10x | |
| Vest PENG-USD-PERP | +0.0046% | 1h | 55.720 | 0.000% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 55.733 | +0.024% | $29K | $3K | 5x | as long as short |
edgeX PENGUSDC
OKX PENG-USDT-SWAP
Gate PENG_USDT
Bitget PENGUSDT
HTX PENG-USDT
Vest PENG-USD-PERP
Nado PENG-PERP