Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Binance against Vest−0.036%47s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.036% cheaper against Vest 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. The two prices were read 47 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 | Vest PENG-USD-PERP | 56.160 | 0.0046 | pay 0.0006% / 1h | 19m 43s | — | — | 10x |
| Short | Binance PENGUSDT | 56.140 | 0 | get 0.0000% / 8h | 4h 19m | $129K | $467K | 10x |
Vest PENG-USD-PERP
Binance PENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Vest. 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
- −$9.59
- Price spread: −0.036% → 0.000%
- −$3.56
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.15
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Binance: live order book, 42 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 42 min ago | 1.78 bp | 40.2 bp −$40 | 277.7 bp −$2,777 | doesn't fit | doesn't fit |
Vest: 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 | −0.0408% | 4h | 56.111 | −0.087% | $18K | $261K | 10x | as long as short |
| Binance PENGUSDTshort | 0.0000% | 8h | 56.140 | −0.036% | $129K | $467K | 10x | |
| OKX PENG-USDT-SWAP | 0.0000% | 8h | 56.090 | −0.125% | $93K | $94K | 20x | as long as short |
| QFEX PENG-USD | 0.0000% | 1h | 56.150 | −0.018% | $1.2M | $811K | 10x | as long as short |
| Gate PENG_USDT | 0.0000% | 8h | 56.140 | −0.036% | $31K | $8K | 20x | as long as short |
| Bitget PENGUSDT | 0.0000% | 8h | 56.130 | −0.053% | $60K | $31K | 20x | as long as short |
| HTX PENG-USDT | 0.0000% | 8h | 56.130 | −0.053% | $6K | $281K | 10x | as long as short |
| Vest PENG-USD-PERPlong | +0.0046% | 1h | 56.160 | long leg | — | — | 10x | |
| Nado PENG-PERP | +0.0100% | 1h | 56.125 | −0.063% | $29K | $3K | 5x | as long as short |
edgeX PENGUSDC
OKX PENG-USDT-SWAP
QFEX PENG-USD
Gate PENG_USDT
Bitget PENGUSDT
HTX PENG-USDT
Nado PENG-PERP