Funding arb · Price arb / Crypto
PENGU
All PENGU markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.006565 | spot | no funding | — | — | $4.6M | 1x | Buy Binance Spot | |
| SHORT | 0.006555 | −0.0008 | pay 0.0004% / 4h | 3h 46m | $28.1M | $58.9M | 75x | Short Binance |
Price gap−0.145%
Funding gap−0.0008% /8h
Funding is ≈ 0 and the gap is 0.118% under its 7d average: the price leg works against you, −$12 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18−0.0008% /8h now · paid +0.182% over the last 7D
Price−$12spread −0.145% now, avg −0.027% → −0.118% if it goes back
Costs−$540.536% of $10k · taker + slippage, in and out
Result−$47−0.47%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.145%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPENGU on 34 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size18.0 / 9.0 bpAt $10k entering Binance Spot costs 18.0 bp, fee and slippage, 2.0× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $133The spot leg is bought with the whole $10k; Binance runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Binance settles every 4h.Next 24h at the current rates, on $10k a leg: −$0.24Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, −$0.24.
- Watch: Gap narrower than usual−0.145% vs −0.027%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$28.1M OIOnly Binance reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Spot Yes · Binance YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0087%/8h × 21 periods+$18.19
Price spread−0.145% → −0.027% (7d avg)−$11.78
Slippage, 4 orderslive order books−$23.56
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$47.14
Costs to cover0.536%Break-even25.1 days
Slippage: Binance Spot: live order book, 14 min ago; Binance: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot1.5418.0 bp−$1840.5 bp−$405doesn’t fitdoesn’t fit
SELL · SHORTBinance0.779.0 bp−$918.4 bp−$18469.4 bp−$6,936doesn’t fit
Closing costs about the same again.
PENGU news
posts that mention PENGU, from every exchange| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-21 06:00 | Bitget | Other | Crypto assets that moved big last night. $ZEC +10.30% $PENGU $6.12% $NEAR +4.28% What else did you catch? @bitget on X ↗ |
| 10-05 02:16 | SoDEX | Other | 📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗ |
| 09-29 21:28 | Kraken Futures | Other | "Bro, I am in a state of absolute abundance. Crypto. Stocks. Earning rewards. Secure. I'm swimming in options. While you're chasing rugs, I am chilling with my premium, strategic portfolio. This is what building wealth looks like. Fix your mindset, bro. Get on Kraken." -PENGU @krakenfx on X ↗ |
| 09-23 09:31 | Phemex | Listing | new market PENGUUSDT ($PENGU) seen by our collector |
| 09-19 12:00 | KuCoin | Other | Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |

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