PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0336%/8h= +36.8% APRnext payment +$0.42 per $10,000 · paid last 24h +0.002%

Price spread now: Aevo against 01 Exchange+0.125%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Aevo

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

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aevo is 0.125% dearer against 01 Exchange than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PENGUUSD	0.008814	−0.0232	get 0.0029% / 1h	42m 51s	$202	$59	5x
Short	Aevo PENGU-PERP	0.008825	0.0104	get 0.0013% / 1h	42m 51s	$204K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against 01 Exchange. 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 01 ExchangebpFee AevobpOrdersPrice spread, now +0.125%Rate

Funding earned: $70.56
Price spread: +0.125% → 0.000%: $12.48
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: $60.04
Costs to cover: 0.230%
Break-even: 1.0 days

Slippage unknown: 01 Exchange: no order-book sample; Aevo: live order book, 31 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Aevo live order book, 31 min ago	28.62 bp	52.9 bp −$53	288.6 bp −$2,886	doesn't fit	doesn't fit

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
Kraken Futures PF_PENGUUSD	−0.0391%	1h	0.008835	+0.235%	$370K	$2.3M	50x	as long as short
Gate PENGU_USDT	−0.0328%	4h	0.008818	+0.045%	$3.4M	$15.5M	75x	as long as short
Variational Omni PENGU	−0.0298%	4h	0.008761	−0.600%	$867K	$931K	—	as long as short
01 Exchange PENGUUSDlong	−0.0232%	1h	0.008814	long leg	$202	$59	5x
Bybit PENGUUSDT	−0.0176%	4h	0.008813	−0.011%	$23.0M	$37.1M	75x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0090%	1h	0.008826	+0.136%	$18K	$10K	10x	as long as short
Backpack PENGU_USDC_PERP	−0.0020%	1h	0.008826	+0.136%	$310K	$311K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008827	+0.149%	$34K	—	150x	as long as short
GRVT PENGU_USDT_Perp	+0.0024%	4h	0.008798	−0.182%	$466K	$2.1M	10x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.284%	$3K	$117K	5.5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PENGU-PERP	+0.0044%	1h	0.008813	−0.006%	$699K	$773K	5x	as long as short
dYdX PENGU-USD	+0.0065%	1h	0.008811	−0.031%	$12K	$4K	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008828	+0.159%	$309K	$727K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008827	+0.147%	$24K	$184K	20x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008824	+0.113%	$8.3M	$15.6M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008829	+0.170%	$189K	$481K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008809	−0.057%	$152K	$239K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008822	+0.086%	$36.9M	$155.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008822	+0.091%	$7.6M	$47.4M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008820	+0.068%	$19K	$25K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008823	+0.102%	$12.4M	$12.6M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008826	+0.136%	$4.7M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008824	+0.113%	$8.4M	$12.7M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008822	+0.091%	—	$3.9M	—	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008789	−0.284%	$80K	$254K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009010	+2.224%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008824	+0.113%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008825	+0.125%	$90K	$295K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008823	+0.098%	$181K	$792K	10x	as long as short
Aevo PENGU-PERPshort	+0.0104%	1h	0.008825	+0.125%	$204K	—	3x
Reya PENGURUSDPERP	+0.0238%	1h	0.008819	+0.060%	$298	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008823	+0.102%	$1.5M	$2.8M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0499% / S −0.0683%	1h	0.008827	+0.147%	$111K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1648%	1h	0.008808	−0.068%	$94K	$102K	50x	as long as short