PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against ApeX Omni−0.130%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.130% cheaper against ApeX Omni than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PENGUUSDT	0.008773	0.0100	pay 0.0013% / 1h	24m 44s	$80K	$253K	50x
Short	gTrade (Gains Network) PENGU/USD	0.008762	L +0.0007% / S −0.0003%	get 0.0000% / 1h	24m 44s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.130%Rate

Funding earned: −$20.37
Price spread: −0.130% → 0.000%: −$13.04
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$53.41
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 2 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 ApeX Omni live order book, 2 min ago	4.56 bp	11.6 bp −$12	97.1 bp −$971	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
Deribit PENGU_USDC-PERPETUAL	−0.0321%	1h	0.008749	−0.274%	$21K	$8K	10x	as long as short
Gate PENGU_USDT	−0.0274%	4h	0.008735	−0.433%	$3.5M	$14.7M	75x	as long as short
Kraken Futures PF_PENGUUSD	−0.0270%	1h	0.008758	−0.168%	$395K	$2.1M	50x	as long as short
Injective PENGU/USDC PERP	−0.0151%	1h	0.008884	+1.265%	$3K	$51K	5.5x	as long as short
dYdX PENGU-USD	0.0000%	1h	0.008756	−0.198%	$12K	$5K	5x	as long as short
gTrade (Gains Network) PENGU/USDshort	L +0.0007% / S −0.0003%	1h	0.008762	−0.130%	$33K	—	150x
01 Exchange PENGUUSD	+0.0008%	1h	0.008755	−0.205%	$200	$59	5x	as long as short
Backpack PENGU_USDC_PERP	+0.0079%	1h	0.008752	−0.239%	$312K	$319K	10x	as long as short
GRVT PENGU_USDT_Perp	+0.0090%	4h	0.008778	+0.056%	$459K	$2.4M	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.008750	−0.262%	$299K	$673K	8x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PENGU	+0.0100%	1h	0.008752	−0.239%	$9.2M	$14.4M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008757	−0.187%	$173K	$413K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008746	−0.308%	$148K	$228K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008746	−0.311%	$36.8M	$146.8M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008735	−0.433%	$23.2M	$33.8M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008739	−0.388%	$7.9M	$45.8M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008740	−0.376%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008744	−0.331%	$12.8M	$12.4M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008747	−0.296%	$4.9M	$8.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008745	−0.319%	$8.2M	$12.1M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008741	−0.365%	—	$4.0M	—	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008797	+0.269%	$836K	$616K	—	as long as short
ApeX Omni PENGUUSDTlong	+0.0100%	1h	0.008773	long leg	$80K	$253K	50x
Nado PENGU-PERP	+0.0100%	1h	0.008757	−0.182%	$673K	$749K	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008752	−0.239%	$21K	$186K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008958	+2.109%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008750	−0.262%	$996	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008775	+0.023%	$97K	$236K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008739	−0.392%	$179K	$680K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008748	−0.285%	$202K	$17K	3x	as long as short
Reya PENGURUSDPERP	+0.0237%	1h	0.008754	−0.216%	$296	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008747	−0.296%	$1.5M	$2.5M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0491% / S −0.0675%	1h	0.008766	−0.080%	$110K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.3264%	1h	0.008903	+1.482%	$94K	$97K	50x	as long as short