PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SoDEX+0.018%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on gTrade (Gains Network)

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PENGU-USD	0.009096	0.0100	pay 0.0013% / 1h	52m 14s	$1K	$5K	5x
Short	gTrade (Gains Network) PENGU/USD	0.009098	L +0.0007% / S −0.0003%	get 0.0000% / 1h	52m 14s	$34K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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 SoDEXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.018%Rate

Funding earned: −$20.38
Price spread: +0.018% → 0.000%: $1.79
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$36.59
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

SoDEX and 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 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	0.0000%	1h	0.009097	+0.011%	$19K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USDshort	L +0.0007% / S −0.0003%	1h	0.009098	+0.018%	$34K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.375%	$3K	$117K	5.5x	as long as short
dYdX PENGU-USD	+0.0046%	1h	0.009081	−0.163%	$12K	$5K	5x	as long as short
01 Exchange PENGUUSD	+0.0080%	1h	0.009096	0.000%	$208	$64	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009099	+0.033%	$327K	$726K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009098	+0.022%	$611K	$1.0M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009101	+0.055%	$8.5M	$14.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009099	+0.030%	$131K	$600K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009080	−0.176%	$160K	$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	0.009100	+0.048%	$39.1M	$168.5M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009097	+0.011%	$24.2M	$40.3M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009093	−0.033%	$7.8M	$50.0M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009090	−0.066%	$19K	$24K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009095	−0.011%	$3.5M	$16.0M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009100	+0.044%	$11.1M	$12.4M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009095	−0.011%	$4.9M	$9.3M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009105	+0.099%	$8.9M	$12.8M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.009092	−0.044%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009072	−0.264%	$303K	$330K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008998	−1.078%	$934K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008963	−1.457%	$478K	$2.1M	10x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009097	+0.011%	$24K	$84K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009313	+2.386%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USDlong	+0.0100%	1h	0.009096	long leg	$1K	$5K	5x
HTX PENGU-USDT	+0.0100%	4h	0.009115	+0.209%	$94K	$378K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009093	−0.036%	$187K	$943K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009095	−0.011%	$210K	—	3x	as long as short
ApeX Omni PENGUUSDT	+0.0169%	1h	0.009026	−0.770%	$82K	$242K	50x	as long as short
Reya PENGURUSDPERP	+0.0239%	1h	0.009090	−0.064%	$307	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009077	−0.209%	$1.5M	$4.1M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0517% / S −0.0477%	1h	0.009095	−0.011%	$128K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0601%	1h	0.009101	+0.052%	$355K	$2.4M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2704%	1h	0.009096	0.000%	$97K	$61K	50x	as long as short