PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.091%

Price spread now: ApeX Omni against Injective−0.353%7-day average +0.775% · you buy dearer than you sell

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

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.208%−$21 on $10k

Price spread, last 4 days (all we have)+0.887%+$89 · spread now −0.353%, 7d avg +0.775%

Together, before fees+0.679%+$68 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 1.128% cheaper against Injective than usual: you would sell low and buy high (spread −0.353% now, against its 7-day average of +0.775%). If the spread goes back, that is −$113 on $10k: about 56 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.208%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PENGU/USDC PERP	0.008789	0.0033	pay 0.0004% / 1h	41m 08s	$3K	$117K	5.5x
Short	ApeX Omni PENGUUSDT	0.008758	0.0100	get 0.0013% / 1h	41m 08s	$80K	$243K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now −0.353%Rate

Funding earned: $14
Price spread: −0.353% → +0.775%: −$112.8
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$108.82
Costs to cover: 0.100%
Break-even: 61.4 days

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 20 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 20 min ago	7.39 bp	15.8 bp −$16	101.6 bp −$1,016	doesn't fit	doesn't fit

Injective: 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
Deribit PENGU_USDC-PERPETUAL	−0.0209%	1h	0.008710	−0.899%	$18K	$10K	10x	as long as short
01 Exchange PENGUUSD	−0.0016%	1h	0.008709	−0.910%	$199	$64	5x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008720	−0.788%	$32K	—	150x	as long as short
Gate PENGU_USDT	+0.0008%	4h	0.008712	−0.876%	$3.3M	$15.6M	75x	as long as short
Injective PENGU/USDC PERPlong	+0.0033%	1h	0.008789	long leg	$3K	$117K	5.5x
Lighter PENGU	+0.0096%	1h	0.008716	−0.831%	$309K	$709K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0099%	4h	0.008715	−0.842%	$23K	$165K	20x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008718	−0.808%	$8.1M	$14.6M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008720	−0.790%	$131K	$576K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008714	−0.853%	$153K	$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	0.008722	−0.762%	$36.5M	$159.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008720	−0.785%	$23.2M	$38.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008723	−0.751%	$7.5M	$46.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008720	−0.785%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008713	−0.865%	$11.5M	$12.3M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008714	−0.853%	$4.8M	$9.1M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008724	−0.740%	$8.2M	$12.4M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008708	−0.922%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008713	−0.865%	$299K	$275K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008712	−0.878%	$866K	$985K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008753	−0.405%	$457K	$2.0M	10x	as long as short
ApeX Omni PENGUUSDTshort	+0.0100%	1h	0.008758	−0.353%	$80K	$243K	50x
Nado PENGU-PERP	+0.0100%	1h	0.008719	−0.796%	$585K	$1.0M	5x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008911	+1.388%	$2K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008710	−0.899%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008725	−0.728%	$91K	$348K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008706	−0.942%	$180K	$944K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008701	−1.001%	$201K	—	3x	as long as short
dYdX PENGU-USD	+0.0203%	1h	0.008715	−0.840%	$12K	$4K	5x	as long as short
Reya PENGURUSDPERP	+0.0239%	1h	0.008715	−0.846%	$294	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008710	−0.899%	$1.5M	$3.3M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0510% / S −0.0582%	1h	0.008720	−0.785%	$119K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0652%	1h	0.008721	−0.777%	$356K	$2.3M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2296%	1h	0.008967	+2.025%	$95K	$94K	50x	as long as short