Settings8H · net · $10k
Funding arb · Price arb /

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PENGU-USD0.0088010.0104pay 0.0013% / 1h22m 30s$181K$682K10x
ShortdYdX PENGU-USD0.0087980.0135get 0.0017% / 1h22m 30s$12K$4K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 60 min ago0.57 bp9.9 bp −$1078.9 bp −$789doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PENGUUSD−0.0606%1h0.008803+0.017%$369K$2.2M50xas long as short
Gate PENGU_USDT−0.0292%4h0.008797−0.049%$3.4M$15.6M75xas long as short
Bybit PENGUUSDT−0.0145%4h0.008797−0.049%$22.9M$36.5M75xas long as short
Deribit PENGU_USDC-PERPETUAL−0.0091%1h0.008793−0.095%$19K$9K10xas long as short
01 Exchange PENGUUSD−0.0080%1h0.008804+0.030%$201$595xas long as short
Variational Omni PENGU+0.0001%4h0.008766−0.397%$801K$802Kas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.008806+0.052%$34K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789−0.140%$3K$117K5.5xas long as short
Nado PENGU-PERP+0.0095%1h0.008797−0.052%$685K$759K5xas long as short
Lighter PENGU+0.0096%1h0.008795−0.072%$309K$736K8xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid PENGU+0.0100%1h0.008802+0.007%$8.7M$15.0M5xas long as short
Aster PENGUUSDT+0.0100%4h0.008805+0.044%$190K$466K20xas long as short
Pacifica PENGU+0.0100%1h0.008796−0.061%$151K$238K5xas long as short
Binance PENGUUSDT+0.0100%4h0.008802+0.007%$36.6M$152.9M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.008800−0.015%$7.7M$47.2M50xas long as short
Arcus PENGU-USD+0.0100%1h0.008800−0.015%$19K$24K5xas long as short
MEXC PENGU_USDT+0.0100%4h0.008800−0.015%$12.7M$12.8M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.008799−0.027%$4.8M$8.9M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.008805+0.041%$8.4M$12.6M75xas long as short
BingX PENGU-USDT+0.0100%4h0.008799−0.027%$3.9Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008790−0.129%$314K$309K10xas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008788−0.146%$460K$2.3M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.008792−0.106%$80K$253K50xas long as short
Orderly PERP_PENGU_USDC+0.0100%4h0.008804+0.030%$23K$186K20xas long as short
SunX PENGU-USDT+0.0100%4h0.008996+2.212%$3K$2.1M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008789−0.140%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.008815+0.155%$92K$249K25xas long as short
Extended PENGU-USDlong+0.0104%1h0.008801long leg$181K$682K10x
Aevo PENGU-PERP+0.0104%1h0.008786−0.174%$203K$17K3xas long as short
dYdX PENGU-USDshort+0.0135%1h0.008798−0.033%$12K$4K5x
Reya PENGURUSDPERP+0.0237%1h0.008797−0.055%$29710xas long as short
BloFin PENGU-USDT+0.0340%4h0.008786−0.174%$1.5M$2.8M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0511% / S −0.0711%1h0.008805+0.041%$115K100xas long as short
Coinbase International PENGU-PERP-INTX+0.2504%1h0.008945+1.632%$95K$105K50xas long as short