PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against ApeX Omni−0.167%92s7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.456% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.167%, 7d avg −0.094%

Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.073% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.094%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PENGUUSDT	0.008939	0.0100	pay 0.0013% / 1h	24m 01s	$81K	$251K	50x
Short	Extended PENGU-USD	0.008924	0.0104	get 0.0013% / 1h	24m 01s	$185K	$939K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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 ApeX OmnibpFee ExtendedbpOrdersPrice spread, now −0.167%Rate

Funding earned: $0.84
Price spread: −0.167% → −0.094%: −$7.31
Slippage, 4 orders: −$30.57
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$52.04
Costs to cover: 0.456%
Break-even: 440.6 days

Slippage from ApeX Omni: live order book, 27 min ago; Extended: live order book, 29 min ago.

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 ApeX Omni live order book, 27 min ago	4.96 bp	12.5 bp −$13	112.0 bp −$1,120	doesn't fit	doesn't fit
Sell Extended live order book, 29 min ago	1.65 bp	10.4 bp −$10	105.9 bp −$1,059	doesn't fit	doesn't fit

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	0.008912	−0.302%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008913	−0.295%	$33K	—	150x	as long as short
Gate PENGU_USDT	+0.0030%	4h	0.008924	−0.168%	$3.3M	$16.4M	75x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−1.678%	$3K	$117K	5.5x	as long as short
dYdX PENGU-USD	+0.0037%	1h	0.008900	−0.441%	$12K	$5K	5x	as long as short
01 Exchange PENGUUSD	+0.0080%	1h	0.008922	−0.190%	$204	$64	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008921	−0.201%	$325K	$752K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008920	−0.218%	$598K	$1.0M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008938	−0.011%	$8.5M	$15.1M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008932	−0.073%	$138K	$643K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PENGU	+0.0100%	1h	0.008904	−0.392%	$136K	$272K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008935	−0.047%	$38.1M	$172.2M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008933	−0.067%	$23.8M	$41.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008930	−0.101%	$7.7M	$50.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008920	−0.213%	$19K	$25K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008920	−0.213%	$10.8M	$12.7M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008913	−0.291%	$5.0M	$9.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008934	−0.056%	$8.7M	$12.9M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008919	−0.224%	—	$3.5M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008923	−0.179%	$298K	$328K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008894	−0.505%	$928K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008959	+0.227%	$476K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTlong	+0.0100%	1h	0.008939	long leg	$81K	$251K	50x
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008912	−0.302%	$24K	$105K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009122	+2.047%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008914	−0.280%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008931	−0.089%	$92K	$379K	25x	as long as short
Extended PENGU-USDshort	+0.0104%	1h	0.008924	−0.167%	$185K	$939K	10x
Aevo PENGU-PERP	+0.0104%	1h	0.008901	−0.425%	$206K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0239%	1h	0.008909	−0.341%	$301	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008908	−0.347%	$1.5M	$4.1M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0502% / S −0.0415%	1h	0.008909	−0.336%	$127K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0613%	1h	0.008920	−0.208%	$349K	$2.4M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2704%	1h	0.008940	+0.011%	$94K	$62K	50x	as long as short