PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against ApeX Omni+0.507%7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$1211.215% of the position

Long on ApeX Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)−0.469%−$47 · spread now +0.507%, 7d avg −0.064%

Together, before fees−0.453%−$45 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.571% dearer against ApeX Omni than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PENGUUSDT	0.008876	0.0100	pay 0.0013% / 1h	3m 05s	$80K	$242K	50x
Short	Aevo PENGU-PERP	0.008921	0.0104	get 0.0013% / 1h	3m 05s	$206K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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 ApeX OmnibpFee AevobpOrdersPrice spread, now +0.507%Rate

Funding earned: $0.84
Price spread: +0.507% → −0.064%: $57.06
Slippage, 4 orders: −$95.47
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$63.57
Costs to cover: 1.215%
Break-even: 536.8 days

Slippage from ApeX Omni: live order book, 53 min ago; Aevo: 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 ApeX Omni live order book, 53 min ago	5.14 bp	13.2 bp −$13	108.3 bp −$1,083	doesn't fit	doesn't fit
Sell Aevo live order book, 56 min ago	11.44 bp	35.7 bp −$36	doesn't fit	doesn't fit	doesn't fit

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
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008931	+0.620%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008931	+0.623%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.980%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008932	+0.631%	$318K	$720K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008930	+0.608%	$24K	$93K	20x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008932	+0.631%	$8.3M	$14.7M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008927	+0.571%	$127K	$599K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008899	+0.259%	$157K	$243K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008930	+0.612%	$38.0M	$166.2M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008924	+0.541%	$23.6M	$39.9M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008929	+0.597%	$7.5M	$48.4M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008920	+0.496%	$20K	$24K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.008925	+0.552%	$3.4M	$15.9M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008927	+0.575%	$10.9M	$12.4M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008930	+0.608%	$4.9M	$9.3M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008941	+0.732%	$8.7M	$12.7M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008919	+0.484%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008929	+0.597%	$297K	$326K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008853	−0.260%	$922K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008865	−0.129%	$473K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTlong	+0.0100%	1h	0.008876	long leg	$80K	$242K	50x
Nado PENGU-PERP	+0.0100%	1h	0.008929	+0.594%	$600K	$1.0M	5x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009142	+2.997%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008925	+0.552%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008918	+0.473%	$92K	$377K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008928	+0.591%	$184K	$943K	10x	as long as short
Aevo PENGU-PERPshort	+0.0104%	1h	0.008921	+0.507%	$206K	—	3x
01 Exchange PENGUUSD	+0.0112%	1h	0.008924	+0.541%	$204	$64	5x	as long as short
Reya PENGURUSDPERP	+0.0239%	1h	0.008928	+0.589%	$301	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008926	+0.563%	$1.5M	$3.8M	75x	as long as short
Kraken Futures PF_PENGUUSD	+0.0359%	1h	0.008933	+0.640%	$350K	$2.4M	50x	as long as short
dYdX PENGU-USD	+0.0431%	1h	0.008896	+0.222%	$12K	$5K	5x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0511% / S −0.0572%	1h	0.008930	+0.608%	$120K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2928%	1h	0.008962	+0.969%	$95K	$63K	50x	as long as short