PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.2592%/8h= −283.8% APRnext payment −$3.24 per $10,000 · paid last 24h −0.565%

Price spread now: 01 Exchange against Coinbase International+0.734%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on 01 Exchange

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 pays, funding is against you. 01 Exchange is 0.734% dearer against Coinbase International than usual: you sell high and buy low (spread +0.734% now, against zero (this spread has no 7-day history yet)): +$73 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PENGU-PERP-INTX	0.008716	0.2504	pay 0.0313% / 1h	53m 41s	$92K	$99K	50x
Short	01 Exchange PENGUUSD	0.008780	−0.0088	pay 0.0011% / 1h	53m 41s	$201	$59	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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 Coinbase InternationalbpFee 01 ExchangebpOrdersPrice spread, now +0.734%Rate

Funding earned: −$544.32
Price spread: +0.734% → 0.000%: $73.43
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$487.89
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Coinbase International and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PENGUUSD	−0.0608%	1h	0.008766	+0.569%	$387K	$2.2M	50x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0548%	1h	0.008769	+0.608%	$19K	$9K	10x	as long as short
Gate PENGU_USDT	−0.0282%	4h	0.008759	+0.493%	$3.4M	$15.4M	75x	as long as short
01 Exchange PENGUUSDshort	−0.0088%	1h	0.008780	+0.734%	$201	$59	5x
Nado PENGU-PERP	−0.0014%	1h	0.008776	+0.694%	$681K	$757K	5x	as long as short
Bybit PENGUUSDT	0.0000%	4h	0.008754	+0.436%	$22.8M	$36.0M	75x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008773	+0.649%	$33K	—	150x	as long as short
dYdX PENGU-USD	+0.0031%	1h	0.008768	+0.597%	$12K	$4K	5x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008715	−0.011%	$3K	$81K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008762	+0.528%	$299K	$726K	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	0.008763	+0.539%	$8.7M	$15.0M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008768	+0.594%	$173K	$449K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008762	+0.528%	$148K	$236K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008759	+0.495%	$36.2M	$151.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008755	+0.447%	$7.7M	$46.8M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008760	+0.505%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008759	+0.493%	$13.1M	$12.6M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008763	+0.539%	$4.8M	$8.8M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008765	+0.562%	$8.4M	$12.6M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008753	+0.425%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008763	+0.539%	$313K	$310K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008727	+0.123%	$805K	$726K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008715	−0.015%	$456K	$2.4M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008706	−0.115%	$79K	$253K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008772	+0.642%	$23K	$186K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008980	+3.029%	$2K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008762	+0.528%	$996	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008790	+0.849%	$92K	$250K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008752	+0.409%	$180K	$682K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008760	+0.505%	$202K	$17K	3x	as long as short
Reya PENGURUSDPERP	+0.0237%	1h	0.008773	+0.654%	$296	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008767	+0.585%	$1.5M	$2.7M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0506% / S −0.0703%	1h	0.008772	+0.642%	$113K	—	100x	as long as short
Coinbase International PENGU-PERP-INTXlong	+0.2504%	1h	0.008716	long leg	$92K	$99K	50x