PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: ApeX Omni against gTrade (Gains Network)+0.008%53s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 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: +$3 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PENGU/USD	0.008823	L +0.0007% / S −0.0003%	pay 0.0001% / 1h	23m 32s	$32K	—	150x
Short	ApeX Omni PENGUUSDT	0.008824	0.0100	get 0.0013% / 1h	23m 32s	$80K	$249K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now +0.008%Rate

Funding earned: $19.52
Price spread: +0.008% → 0.000%: $0.8
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $0.33
Costs to cover: 0.200%
Break-even: 6.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 43 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 43 min ago	4.47 bp	12.1 bp −$12	101.5 bp −$1,015	doesn't fit	doesn't fit

gTrade (Gains Network): 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 33 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
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008826	+0.031%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USDlong	L +0.0007% / S −0.0003%	1h	0.008823	long leg	$32K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.389%	$3K	$117K	5.5x	as long as short
Gate PENGU_USDT	+0.0034%	4h	0.008820	−0.037%	$3.4M	$15.6M	75x	as long as short
Variational Omni PENGU	+0.0043%	4h	0.008835	+0.133%	$879K	$1.0M	—	as long as short
01 Exchange PENGUUSD	+0.0088%	1h	0.008823	−0.003%	$202	$64	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008834	+0.121%	$312K	$707K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0099%	4h	0.008825	+0.019%	$19K	$161K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008816	−0.083%	$594K	$988K	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008816	−0.083%	$8.3M	$14.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PENGUUSDT	+0.0100%	4h	0.008829	+0.064%	$143K	$509K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008829	+0.065%	$155K	$245K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008817	−0.076%	$37.7M	$157.4M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008808	−0.173%	$23.1M	$38.3M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008812	−0.128%	$7.5M	$47.6M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008820	−0.037%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008829	+0.065%	$12.0M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008828	+0.053%	$4.7M	$9.1M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008815	−0.094%	$8.3M	$12.7M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008824	+0.008%	—	$3.6M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008829	+0.065%	$302K	$304K	10x	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008817	−0.068%	$472K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTshort	+0.0100%	1h	0.008824	+0.008%	$80K	$249K	50x
SunX PENGU-USDT	+0.0100%	4h	0.009039	+2.445%	$2K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008828	+0.053%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008829	+0.065%	$94K	$337K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008822	−0.013%	$182K	$939K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008820	−0.037%	$204K	—	3x	as long as short
Kraken Futures PF_PENGUUSD	+0.0209%	1h	0.008838	+0.172%	$362K	$2.3M	50x	as long as short
Reya PENGURUSDPERP	+0.0238%	1h	0.008810	−0.148%	$298	—	10x	as long as short
dYdX PENGU-USD	+0.0289%	1h	0.008832	+0.095%	$12K	$4K	5x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0513% / S −0.0708%	1h	0.008824	+0.008%	$115K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1352%	1h	0.008967	+1.629%	$95K	$94K	50x	as long as short