Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: Nado against QFEX+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.063% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX PENG-USD | 55.930 | 0 | get 0.0000% / 1h | 15m 18s | $1.2M | $809K | 10x |
| Short | Nado PENG-PERP | 55.965 | 0.0100 | get 0.0012% / 1h | 15m 18s | $29K | $3K | 5x |
QFEX PENG-USD
Nado PENG-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $21
- Price spread: +0.063% → 0.000%
- $6.28
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $10.28
- Costs to cover
- 0.170%
- Break-even
- 3.6 days
Slippage unknown: QFEX: live order book, 1 min ago; Nado: 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 QFEX live order book, 1 min ago | 2.68 bp | 34.3 bp −$34 | 36.2 bp −$362 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 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 | −0.0214% | 4h | 56.118 | +0.335% | $18K | $262K | 10x | as long as short |
| Binance PENGUSDT | 0.0000% | 8h | 56.072 | +0.253% | $129K | $467K | 10x | as long as short |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 56.090 | +0.286% | $93K | $93K | 20x | as long as short |
| QFEX PENG-USDlong | 0.0000% | 1h | 55.930 | long leg | $1.2M | $809K | 10x | |
| Gate PENG_USDT | 0.0000% | 8h | 56.070 | +0.250% | $31K | $8K | 20x | as long as short |
| Bitget PENGUSDT | 0.0000% | 8h | 56.040 | +0.197% | $60K | $31K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 56.080 | +0.268% | $6K | $281K | 10x | as long as short |
| Vest PENG-USD-PERP | +0.0046% | 1h | 55.950 | +0.036% | — | — | 10x | as long as short |
| Nado PENG-PERPshort | +0.0100% | 1h | 55.965 | +0.063% | $29K | $3K | 5x |
edgeX PENGUSDC
Binance PENGUSDT
OKX PENG-USDT-SWAP
Gate PENG_USDT
Bitget PENGUSDT
HTX PENG-USDT
Vest PENG-USD-PERP