Funding you earn now, next payment 03:00 UTC+0.0488%/8h= +53.4% APRpaid last 24h −0.030%
Price spread now: edgeX against QFEX+0.057%57s7-day average −0.036% · 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—prices read too far apart to compare
costs, in and out, $10k−$1241.237% of the position
Funding, last 4 days (all we have)+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now +0.057%, 7d avg −0.036%
=Together, before fees+0.507%+ Points / potential airdropedgeX: Active · farm board+$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and edgeX is 0.092% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PENG-USD | 55.950 | −0.0001 | get 0.0000% / 1h | 6m 03s | $1.2M | $862K | 10x |
| Short | edgeX PENGUSDC | 55.982 | 0.0487 | get 0.0244% / 4h | 1h 06m | $18K | $261K | 10x |
QFEX PENG-USD
edgeX PENGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $102.44
- Price spread: +0.057% → −0.036%
- $9.22
- Slippage, 4 orders
- −$104.67
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$12
- Costs to cover
- 1.237%
- Break-even
- 7.8 days
Slippage from QFEX: live order book, 5 min ago; edgeX: live order book, 56 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, 5 min ago | 1.79 bp | 44.0 bp −$44 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 56 min ago | 5.38 bp | 17.9 bp −$18 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX PENG-USDlong | −0.0001% | 1h | 55.950 | long leg | $1.2M | $862K | 10x | |
| Binance PENGUSDT | 0.0000% | 8h | 55.950 | 0.000% | $134K | $454K | 10x | as long as short |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 55.920 | −0.054% | $93K | $95K | 20x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 55.980 | +0.054% | $30K | $8K | 20x | as long as short |
| Bitget PENGUSDT | 0.0000% | 8h | 56.000 | +0.089% | $59K | $30K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 55.970 | +0.036% | $6K | $280K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 55.950 | 0.000% | — | — | 10x | as long as short |
| Nado PENG-PERP | +0.0100% | 1h | 56.005 | +0.098% | $29K | $3K | 5x | as long as short |
| edgeX PENGUSDCshort | +0.0487% | 4h | 55.982 | +0.057% | $18K | $261K | 10x |
Binance PENGUSDT
OKX PENG-USDT-SWAP
Gate PENG_USDT
Bitget PENGUSDT
HTX PENG-USDT
Vest PENG-USD-PERP
Nado PENG-PERP