PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0571%/8h= +62.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.081%

Price spread now: GMX against Extended+0.073%7-day average +0.092% · you sell dearer than you buy

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.196%+$20 on $10k

Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.073%, 7d avg +0.092%

Together, before fees+0.201%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PENGU-USD	0.008663	0.0104	pay 0.0013% / 1h	45m 15s	$177K	$681K	10x
Short	GMX PENGU/USD [WBTC.b-USDC]	0.008669	L +0.0490% / S −0.0675%	get 0.0084% / 1h	45m 15s	$108K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee ExtendedbpFee GMXbpOrdersPrice spread, now +0.073%Rate

Funding earned: $119.91
Price spread: +0.073% → +0.092%: −$1.86
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $101.05
Costs to cover: 0.170%
Break-even: 1.1 days

Slippage unknown: Extended: live order book, 42 min ago; GMX: 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, 42 min ago	1.71 bp	10.9 bp −$11	82.2 bp −$822	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0552%	1h	0.008671	+0.098%	$384K	$2.1M	50x	as long as short
Gate PENGU_USDT	−0.0348%	4h	0.008664	+0.015%	$3.4M	$15.3M	75x	as long as short
Bybit PENGUUSDT	−0.0336%	4h	0.008658	−0.054%	$22.6M	$35.7M	75x	as long as short
Backpack PENGU_USDC_PERP	−0.0237%	1h	0.008664	+0.015%	$309K	$315K	10x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0211%	1h	0.008668	+0.061%	$19K	$9K	10x	as long as short
Injective PENGU/USDC PERP	−0.0110%	1h	0.008715	+0.604%	$3K	$81K	5.5x	as long as short
dYdX PENGU-USD	0.0000%	1h	0.008668	+0.061%	$11K	$4K	5x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008671	+0.100%	$33K	—	150x	as long as short
01 Exchange PENGUUSD	+0.0032%	1h	0.008671	+0.096%	$198	$59	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008668	+0.061%	$294K	$719K	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	0.008674	+0.131%	$8.7M	$15.1M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008671	+0.092%	$171K	$448K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008667	+0.050%	$142K	$232K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008669	+0.071%	$35.8M	$150.8M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008661	−0.019%	$7.7M	$46.4M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008670	+0.085%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008670	+0.085%	$12.8M	$12.6M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008667	+0.050%	$4.7M	$8.6M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008670	+0.085%	$8.2M	$12.5M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008663	+0.004%	—	$4.0M	—	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008657	−0.071%	$795K	$712K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008668	+0.056%	$453K	$2.4M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008670	+0.085%	$79K	$253K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008665	+0.033%	$672K	$758K	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008670	+0.085%	$21K	$184K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008871	+2.405%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008666	+0.038%	$981	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008689	+0.304%	$91K	$248K	25x	as long as short
Extended PENGU-USDlong	+0.0104%	1h	0.008663	long leg	$177K	$681K	10x
Aevo PENGU-PERP	+0.0104%	1h	0.008665	+0.027%	$200K	$17K	3x	as long as short
Reya PENGURUSDPERP	+0.0237%	1h	0.008667	+0.049%	$293	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008660	−0.031%	$1.5M	$2.6M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]short	L +0.0490% / S −0.0675%	1h	0.008669	+0.073%	$108K	—	100x
Coinbase International PENGU-PERP-INTX	+0.2992%	1h	0.008903	+2.774%	$94K	$97K	50x	as long as short