A delta-neutral position would go long on Variational (+0.00%) and short on Nado (+10.95%), collecting roughly 10.9% APR before fees, slippage and margin costs.
Funding is shown both as the venue quotes it and annualised, so venues on different settlement intervals line up.
| Venue | Market | Mark | Funding APR | Per hour | Next | Open interest | 24h vol | Max lev |
|---|---|---|---|---|---|---|---|---|
| PENG | $55.27 | +0.00% | +0.0000% | 1h | $29.2K | $13.5K | 20× | |
| PENG-PERP |
Sampled continuously and bucketed to four hours.
| $55.31 |
| +10.95% |
| +0.0012% |
| 24h |
| $19.7K |
| $35.5K |
| 20× |