PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.351%

Price spread now: dYdX against Aevo−0.108%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. dYdX is 0.108% cheaper against Aevo than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 5.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PENGU-PERP	0.008810	0.0104	pay 0.0013% / 1h	56m 11s	$204K	—	3x
Short	dYdX PENGU-USD	0.008801	0.0173	get 0.0022% / 1h	56m 11s	$12K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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 AevobpFee dYdXbpOrdersPrice spread, now −0.108%Rate

Funding earned: $14.42
Price spread: −0.108% → 0.000%: −$10.78
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$22.36
Costs to cover: 0.260%
Break-even: 17.9 days

Slippage unknown: Aevo: live order book, 8 min ago; dYdX: 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 Aevo live order book, 8 min ago	11.36 bp	46.4 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 33 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	0.008815	+0.057%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008812	+0.023%	$32K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.238%	$3K	$117K	5.5x	as long as short
Gate PENGU_USDT	+0.0076%	4h	0.008797	−0.148%	$3.4M	$15.4M	75x	as long as short
01 Exchange PENGUUSD	+0.0088%	1h	0.008830	+0.227%	$202	$64	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008812	+0.023%	$313K	$707K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0099%	4h	0.008815	+0.057%	$19K	$161K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008821	+0.131%	$595K	$988K	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008803	−0.079%	$8.2M	$14.7M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008819	+0.104%	$133K	$523K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PENGU	+0.0100%	1h	0.008808	−0.023%	$155K	$243K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008803	−0.081%	$37.4M	$156.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008795	−0.170%	$23.2M	$38.0M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008796	−0.159%	$7.5M	$46.4M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008820	+0.114%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008803	−0.079%	$11.9M	$12.3M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008813	+0.034%	$4.7M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008800	−0.114%	$8.3M	$12.4M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008801	−0.102%	—	$3.6M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008803	−0.079%	$302K	$280K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008816	+0.069%	$870K	$985K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008783	−0.303%	$466K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008784	−0.295%	$80K	$243K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009023	+2.418%	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008815	+0.057%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008836	+0.295%	$94K	$340K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008809	−0.008%	$184K	$941K	10x	as long as short
Aevo PENGU-PERPlong	+0.0104%	1h	0.008810	long leg	$204K	—	3x
dYdX PENGU-USDshort	+0.0173%	1h	0.008801	−0.108%	$12K	$4K	5x
Reya PENGURUSDPERP	+0.0238%	1h	0.008820	+0.110%	$298	—	10x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0514% / S −0.0582%	1h	0.008818	+0.091%	$120K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0645%	1h	0.008818	+0.094%	$355K	$2.3M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2296%	1h	0.008967	+1.782%	$95K	$94K	50x	as long as short