Funding you earn now, next payment 23:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.353%
Price spread now: dYdX against Extended−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. dYdX is 0.033% cheaper against Extended than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PENGU-USD | 0.008801 | 0.0104 | pay 0.0013% / 1h | 22m 30s | $181K | $682K | 10x |
| Short | dYdX PENGU-USD | 0.008798 | 0.0135 | get 0.0017% / 1h | 22m 30s | $12K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.57
- Price spread: −0.033% → 0.000%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$11.76
- Costs to cover
- 0.150%
- Break-even
- 19.5 days
Slippage unknown: Extended: live order book, 60 min ago; dYdX: 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 Extended live order book, 60 min ago | 0.57 bp | 9.9 bp −$10 | 78.9 bp −$789 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 | −0.0606% | 1h | 0.008803 | +0.017% | $369K | $2.2M | 50x | as long as short |
| Gate PENGU_USDT | −0.0292% | 4h | 0.008797 | −0.049% | $3.4M | $15.6M | 75x | as long as short |
| Bybit PENGUUSDT | −0.0145% | 4h | 0.008797 | −0.049% | $22.9M | $36.5M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.0091% | 1h | 0.008793 | −0.095% | $19K | $9K | 10x | as long as short |
| 01 Exchange PENGUUSD | −0.0080% | 1h | 0.008804 | +0.030% | $201 | $59 | 5x | as long as short |
| Variational Omni PENGU | +0.0001% | 4h | 0.008766 | −0.397% | $801K | $802K | — | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.008806 | +0.052% | $34K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | −0.140% | $3K | $117K | 5.5x | as long as short |
| Nado PENGU-PERP | +0.0095% | 1h | 0.008797 | −0.052% | $685K | $759K | 5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.008795 | −0.072% | $309K | $736K | 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 | 0.008802 | +0.007% | $8.7M | $15.0M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.008805 | +0.044% | $190K | $466K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | 0.008796 | −0.061% | $151K | $238K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | 0.008802 | +0.007% | $36.6M | $152.9M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.008800 | −0.015% | $7.7M | $47.2M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.008800 | −0.015% | $19K | $24K | 5x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.008800 | −0.015% | $12.7M | $12.8M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.008799 | −0.027% | $4.8M | $8.9M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.008805 | +0.041% | $8.4M | $12.6M | 75x | as long as short |
| BingX PENGU-USDT | +0.0100% | 4h | 0.008799 | −0.027% | — | $3.9M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.008790 | −0.129% | $314K | $309K | 10x | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.008788 | −0.146% | $460K | $2.3M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.008792 | −0.106% | $80K | $253K | 50x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0100% | 4h | 0.008804 | +0.030% | $23K | $186K | 20x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.008996 | +2.212% | $3K | $2.1M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.008789 | −0.140% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.008815 | +0.155% | $92K | $249K | 25x | as long as short |
| Extended PENGU-USDlong | +0.0104% | 1h | 0.008801 | long leg | $181K | $682K | 10x | |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.008786 | −0.174% | $203K | $17K | 3x | as long as short |
| dYdX PENGU-USDshort | +0.0135% | 1h | 0.008798 | −0.033% | $12K | $4K | 5x | |
| Reya PENGURUSDPERP | +0.0237% | 1h | 0.008797 | −0.055% | $297 | — | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.008786 | −0.174% | $1.5M | $2.8M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0511% / S −0.0711% | 1h | 0.008805 | +0.041% | $115K | — | 100x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2504% | 1h | 0.008945 | +1.632% | $95K | $105K | 50x | as long as short |
Extended PENGU-USD
Kraken Futures PF_PENGUUSD
Gate PENGU_USDT
Bybit PENGUUSDT
Deribit PENGU_USDC-PERPETUAL
01 Exchange PENGUUSD
Variational Omni PENGU
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Coinbase International PENGU-PERP-INTX