PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: gTrade (Gains Network) against Aevo+0.009%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PENGU-PERP	0.009121	0.0104	pay 0.0013% / 1h	42m 43s	$211K	—	3x
Short	gTrade (Gains Network) PENGU/USD	0.009122	L +0.0007% / S −0.0003%	get 0.0000% / 1h	42m 43s	$34K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.009%Rate

Funding earned: −$21.22
Price spread: +0.009% → 0.000%: $0.93
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$46.29
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 61 min ago; gTrade (Gains Network): 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 Aevo live order book, 61 min ago	60.41 bp	68.4 bp −$68	277.7 bp −$2,777	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

PENGU on 34 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
gTrade (Gains Network) PENGU/USDshort	L +0.0007% / S −0.0003%	1h	0.009122	+0.009%	$34K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.640%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009161	+0.439%	$330K	$771K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009137	+0.181%	$644K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009133	+0.132%	$9.2M	$16.4M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009155	+0.369%	$145K	$715K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009151	+0.329%	$138K	$264K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009156	+0.379%	$40.0M	$191.9M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009142	+0.230%	$24.5M	$44.8M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009142	+0.230%	$8.0M	$56.1M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PENGU-USD	+0.0100%	1h	0.009150	+0.318%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009119	−0.022%	$3.7M	$17.6M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009154	+0.362%	$11.0M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009123	+0.022%	$5.0M	$10.3M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009151	+0.329%	$8.8M	$14.1M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009148	+0.296%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009125	+0.044%	$296K	$371K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009112	−0.102%	$928K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009128	+0.077%	$483K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009134	+0.143%	$80K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009121	0.000%	$23K	$266K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009357	+2.587%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009118	−0.033%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009155	+0.373%	$95K	$404K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009122	+0.014%	$187K	$742K	10x	as long as short
Aevo PENGU-PERPlong	+0.0104%	1h	0.009121	long leg	$211K	—	3x
Deribit PENGU_USDC-PERPETUAL	+0.0188%	1h	0.009128	+0.077%	$1K	$29K	10x	as long as short
Reya PENGURUSDPERP	+0.0240%	1h	0.009128	+0.075%	$308	—	10x	as long as short
01 Exchange PENGUUSD	+0.0320%	1h	0.009143	+0.241%	$209	$41	5x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009130	+0.099%	$1.6M	$5.0M	75x	as long as short
dYdX PENGU-USD	+0.0378%	1h	0.009150	+0.320%	$12K	$6K	5x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0434% / S −0.0352%	1h	0.009125	+0.044%	$105K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0535%	1h	0.009125	+0.042%	$342K	$2.6M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1928%	1h	0.009196	+0.822%	$81K	$74K	50x	as long as short