PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0550%/8h= −60.2% APRnext payment −$0.69 per $10,000 · paid last 24h −0.346%

Price spread now: Kraken Futures against dYdX+0.012%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 Kraken Futures

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENGU-USD	0.008701	0	get 0.0000% / 1h	24m 31s	$11K	$4K	5x
Short	Kraken Futures PF_PENGUUSD	0.008702	−0.0550	pay 0.0069% / 1h	24m 31s	$386K	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$115.44
Price spread: +0.012% → 0.000%: $1.17
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$134.27
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	9.81 bp	20.7 bp −$21	49.0 bp −$490	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_PENGUUSDshort	−0.0550%	1h	0.008702	+0.012%	$386K	$2.1M	50x
Gate PENGU_USDT	−0.0302%	4h	0.008694	−0.086%	$3.4M	$15.4M	75x	as long as short
Injective PENGU/USDC PERP	−0.0110%	1h	0.008715	+0.156%	$3K	$81K	5.5x	as long as short
Bybit PENGUUSDT	−0.0060%	4h	0.008688	−0.155%	$22.5M	$35.9M	75x	as long as short
Backpack PENGU_USDC_PERP	−0.0017%	1h	0.008700	−0.017%	$310K	$315K	10x	as long as short
dYdX PENGU-USDlong	0.0000%	1h	0.008701	long leg	$11K	$4K	5x
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008702	+0.006%	$19K	$9K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008699	−0.025%	$33K	—	150x	as long as short
01 Exchange PENGUUSD	+0.0016%	1h	0.008697	−0.051%	$199	$59	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008699	−0.028%	$296K	$722K	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	0.008709	+0.087%	$8.7M	$15.2M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008702	+0.010%	$172K	$448K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008698	−0.040%	$146K	$236K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008696	−0.068%	$36.0M	$151.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008693	−0.097%	$7.7M	$46.5M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008700	−0.017%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008699	−0.028%	$12.9M	$12.7M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008700	−0.017%	$4.7M	$8.7M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008697	−0.051%	$8.2M	$12.5M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008691	−0.120%	—	$2.3M	—	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008674	−0.313%	$794K	$714K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008670	−0.362%	$454K	$2.4M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008672	−0.339%	$79K	$253K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008691	−0.120%	$674K	$758K	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008701	−0.005%	$21K	$184K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008910	+2.397%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008699	−0.028%	$987	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008712	+0.121%	$91K	$249K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008692	−0.106%	$178K	$681K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008697	−0.051%	$201K	$17K	3x	as long as short
Reya PENGURUSDPERP	+0.0237%	1h	0.008693	−0.092%	$294	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008690	−0.132%	$1.5M	$2.6M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0502% / S −0.0703%	1h	0.008699	−0.028%	$112K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2992%	1h	0.008785	+0.960%	$92K	$96K	50x	as long as short