PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h −0.354%

Price spread now: Aevo against dYdX+0.424%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.424% dearer against dYdX than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENGU-USD	0.008896	0.0081	pay 0.0010% / 1h	16m 29s	$12K	$4K	5x
Short	Aevo PENGU-PERP	0.008934	0.0104	get 0.0013% / 1h	16m 29s	$206K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now +0.424%Rate

Funding earned: $4.73
Price spread: +0.424% → 0.000%: $42.39
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: $21.12
Costs to cover: 0.260%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Aevo: live order book, 57 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Aevo live order book, 57 min ago	28.62 bp	52.9 bp −$53	288.6 bp −$2,886	doesn't fit	doesn't fit

dYdX: 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	−0.0389%	1h	0.008880	−0.187%	$371K	$2.3M	50x	as long as short
Gate PENGU_USDT	−0.0348%	4h	0.008921	+0.278%	$3.5M	$15.8M	75x	as long as short
01 Exchange PENGUUSD	−0.0208%	1h	0.008909	+0.143%	$204	$59	5x	as long as short
Variational Omni PENGU	−0.0171%	4h	0.008882	−0.160%	$913K	$970K	—	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008869	−0.307%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008926	+0.329%	$34K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−1.206%	$3K	$117K	5.5x	as long as short
dYdX PENGU-USDlong	+0.0081%	1h	0.008896	long leg	$12K	$4K	5x
Lighter PENGU	+0.0096%	1h	0.008901	+0.053%	$309K	$730K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008935	+0.435%	$24K	$175K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PENGU-PERP	+0.0100%	1h	0.008906	+0.106%	$705K	$766K	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008912	+0.177%	$8.3M	$15.3M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008905	+0.095%	$191K	$465K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008896	−0.003%	$153K	$240K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008925	+0.318%	$37.5M	$155.4M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008925	+0.323%	$23.4M	$37.4M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008931	+0.390%	$7.7M	$48.1M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008900	+0.042%	$20K	$25K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008919	+0.255%	$13.1M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008916	+0.222%	$4.8M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008916	+0.222%	$8.4M	$12.7M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008923	+0.300%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008874	−0.251%	$305K	$323K	10x	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008865	−0.346%	$470K	$2.0M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008887	−0.104%	$81K	$255K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009078	+2.043%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008867	−0.329%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008882	−0.161%	$91K	$300K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008900	+0.038%	$183K	$935K	10x	as long as short
Aevo PENGU-PERPshort	+0.0104%	1h	0.008934	+0.424%	$206K	—	3x
Reya PENGURUSDPERP	+0.0238%	1h	0.008912	+0.180%	$301	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008882	−0.161%	$1.5M	$2.9M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0521% / S −0.0723%	1h	0.008926	+0.334%	$118K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1648%	1h	0.008967	+0.795%	$95K	$104K	50x	as long as short