Funding you earn now, next payment 05:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: 01 Exchange against gTrade (Gains Network)+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PENGU/USD | 0.009021 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 54m 53s | $33K | — | 150x |
| Short | 01 Exchange PENGUUSD | 0.009021 | 0.0088 | get 0.0011% / 1h | 54m 53s | $206 | $64 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17
- Price spread: +0.001% → 0.000%
- $0.14
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $0.15
- Costs to cover
- 0.170%
- Break-even
- 6.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PENGU/USDlong | L +0.0007% / S −0.0003% | 1h | 0.009021 | long leg | $33K | — | 150x | |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | −2.570% | $3K | $117K | 5.5x | as long as short |
| dYdX PENGU-USD | +0.0080% | 1h | 0.008989 | −0.357% | $12K | $5K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.0083% | 1h | 0.009025 | +0.046% | $19K | $10K | 10x | as long as short |
| 01 Exchange PENGUUSDshort | +0.0088% | 1h | 0.009021 | +0.001% | $206 | $64 | 5x | |
| Lighter PENGU | +0.0096% | 1h | 0.009035 | +0.157% | $321K | $719K | 8x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.009018 | −0.032% | $606K | $1.0M | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.009038 | +0.190% | $8.4M | $14.7M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.009035 | +0.154% | $130K | $597K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | 0.008992 | −0.320% | $158K | $243K | 5x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PENGUUSDT | +0.0100% | 4h | 0.009031 | +0.116% | $38.8M | $167.7M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.009025 | +0.046% | $23.9M | $40.1M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.009033 | +0.134% | $7.8M | $49.4M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.009010 | −0.120% | $19K | $24K | 5x | as long as short |
| Gate PENGU_USDT | +0.0100% | 4h | 0.009028 | +0.079% | $3.4M | $15.9M | 75x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.009030 | +0.101% | $11.0M | $12.4M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.009032 | +0.123% | $4.9M | $9.3M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.009039 | +0.201% | $8.8M | $12.7M | 75x | as long as short |
| BingX PENGU-USDC | +0.0100% | 4h | 0.009021 | +0.001% | — | $2.3M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.009035 | +0.157% | $302K | $330K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.008998 | −0.254% | $934K | $1.0M | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.008963 | −0.636% | $478K | $2.1M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.008966 | −0.608% | $81K | $242K | 50x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0100% | 4h | 0.009023 | +0.024% | $24K | $85K | 20x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.009245 | +2.485% | $3K | $2.1M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.009025 | +0.046% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.009014 | −0.076% | $93K | $377K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.009028 | +0.084% | $186K | $943K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.009022 | +0.013% | $208K | — | 3x | as long as short |
| Reya PENGURUSDPERP | +0.0239% | 1h | 0.009018 | −0.030% | $305 | — | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.009023 | +0.024% | $1.5M | $4.0M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0514% / S −0.0477% | 1h | 0.009024 | +0.035% | $127K | — | 100x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0605% | 1h | 0.009041 | +0.227% | $353K | $2.4M | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2704% | 1h | 0.009069 | +0.534% | $96K | $61K | 50x | as long as short |
gTrade (Gains Network) PENGU/USD
01 Exchange PENGUUSD
Injective PENGU/USDC PERP
Deribit PENGU_USDC-PERPETUAL
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
Gate PENGU_USDT
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTX