Settings8H · net · $10k
Funding arb · Price arb /

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRnext payment $0.26 per $10,000 · paid last 24h +0.002%
Price spread now: 01 Exchange against ApeX Omni+0.193%56s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.193% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.193% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.0 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PENGUUSDT0.0088190.0100pay 0.0013% / 1h54m 21s$80K$254K50x
Short01 Exchange PENGUUSD0.008836−0.0112pay 0.0014% / 1h54m 21s$202$595x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
−$44.52
Price spread: +0.193% → 0.000%
$19.28
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$42.24
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 22 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 22 min ago6.25 bp14.2 bp −$1498.5 bp −$985doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PENGUUSD−0.0338%1h0.008847+0.317%$369K$2.2M50xas long as short
Gate PENGU_USDT−0.0254%4h0.008828+0.102%$3.4M$15.6M75xas long as short
Bybit PENGUUSDT−0.0220%4h0.008823+0.045%$22.9M$36.5M75xas long as short
Variational Omni PENGU−0.0127%4h0.008807−0.133%$804K$802Kas long as short
Injective PENGU/USDC PERP−0.0114%1h0.008789−0.340%$3K$117K5.5xas long as short
01 Exchange PENGUUSDshort−0.0112%1h0.008836+0.193%$202$595x
Deribit PENGU_USDC-PERPETUAL−0.0089%1h0.008839+0.227%$19K$9K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.008833+0.164%$34K150xas long as short
dYdX PENGU-USD+0.0019%1h0.008840+0.235%$12K$4K5xas long as short
Nado PENGU-PERP+0.0035%1h0.008835+0.181%$689K$761K5xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PENGU+0.0096%1h0.008834+0.170%$310K$737K8xas long as short
Orderly PERP_PENGU_USDC+0.0100%4h0.008834+0.170%$24K$186K20xas long as short
Hyperliquid PENGU+0.0100%1h0.008834+0.170%$8.6M$15.2M5xas long as short
Aster PENGUUSDT+0.0100%4h0.008837+0.206%$191K$467K20xas long as short
Pacifica PENGU+0.0100%1h0.008832+0.147%$152K$239K5xas long as short
Binance PENGUUSDT+0.0100%4h0.008831+0.136%$36.7M$153.8M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.008828+0.102%$7.6M$47.4M50xas long as short
Arcus PENGU-USD+0.0100%1h0.008840+0.238%$19K$24K5xas long as short
MEXC PENGU_USDT+0.0100%4h0.008832+0.147%$12.6M$12.6M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.008835+0.181%$4.8M$8.9M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.008836+0.193%$8.4M$12.6M75xas long as short
BingX PENGU-USDT+0.0100%4h0.008830+0.125%$3.9Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008836+0.193%$315K$309K10xas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008813−0.065%$461K$2.2M10xas long as short
ApeX Omni PENGUUSDTlong+0.0100%1h0.008819long leg$80K$254K50x
SunX PENGU-USDT+0.0100%4h0.009052+2.642%$3K$2.1M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008834+0.170%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.008856+0.420%$92K$249K25xas long as short
Extended PENGU-USD+0.0104%1h0.008833+0.157%$182K$622K10xas long as short
Aevo PENGU-PERP+0.0104%1h0.008839+0.227%$204K$17K3xas long as short
Reya PENGURUSDPERP+0.0237%1h0.008831+0.136%$29810xas long as short
BloFin PENGU-USDT+0.0340%4h0.008840+0.238%$1.5M$2.8M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0512% / S −0.0711%1h0.008834+0.170%$115K100xas long as short
Coinbase International PENGU-PERP-INTX+0.2688%1h0.008850+0.352%$94K$104K50xas long as short