PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: SoDEX against Lighter0.000%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on SoDEX

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter PENGU	0.008778	0.0096	pay 0.0012% / 1h	58m 40s	$307K	$726K	8x
Short	SoDEX PENGU-USD	0.008778	0.0100	get 0.0013% / 1h	58m 40s	$1K	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0.84
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$7.16
Costs to cover: 0.080%
Break-even: 66.7 days

Slippage unknown: Lighter: live order book, 11 min ago; SoDEX: 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 Lighter live order book, 11 min ago	3.44 bp	7.5 bp −$8	66.3 bp −$663	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0393%	1h	0.008790	+0.137%	$368K	$2.3M	50x	as long as short
Variational Omni PENGU	−0.0296%	4h	0.008774	−0.042%	$867K	$927K	—	as long as short
01 Exchange PENGUUSD	−0.0176%	1h	0.008788	+0.114%	$201	$59	5x	as long as short
Gate PENGU_USDT	−0.0168%	4h	0.008783	+0.057%	$3.4M	$15.4M	75x	as long as short
Backpack PENGU_USDC_PERP	−0.0075%	1h	0.008774	−0.046%	$308K	$315K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008780	+0.017%	$33K	—	150x	as long as short
dYdX PENGU-USD	+0.0018%	1h	0.008783	+0.053%	$12K	$4K	5x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	+0.125%	$3K	$117K	5.5x	as long as short
Lighter PENGUlong	+0.0096%	1h	0.008778	long leg	$307K	$726K	8x
GRVT PENGU_USDT_Perp	+0.0096%	4h	0.008787	+0.103%	$460K	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008780	+0.023%	$23K	$186K	20x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008784	+0.068%	$8.4M	$15.3M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008787	+0.102%	$188K	$474K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008779	+0.011%	$151K	$239K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008780	+0.023%	$36.5M	$155.3M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008777	−0.011%	$22.9M	$37.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008782	+0.046%	$7.6M	$47.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008790	+0.137%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008780	+0.023%	$12.4M	$12.6M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008780	+0.023%	$4.8M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008786	+0.091%	$8.4M	$12.7M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008785	+0.080%	—	$3.9M	—	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008791	+0.148%	$80K	$254K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008781	+0.040%	$698K	$778K	5x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008984	+2.347%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USDshort	+0.0100%	1h	0.008778	0.000%	$1K	$5K	5x
HTX PENGU-USDT	+0.0100%	4h	0.008795	+0.194%	$90K	$300K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008785	+0.084%	$180K	$617K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008779	+0.011%	$203K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0238%	1h	0.008776	−0.018%	$296	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008776	−0.023%	$1.5M	$2.8M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0497% / S −0.0683%	1h	0.008779	+0.011%	$111K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1648%	1h	0.008799	+0.239%	$94K	$104K	50x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.1686%	1h	0.008799	+0.239%	$18K	$10K	10x	as long as short