data as of
Settings8H · net · $10k
Funding arb /

PENGU

all PENGU markets
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Funding spread now, next payment 17:00 UTC+0.0513%/8h
next payment, per $10,000+$0.64paid, last 24h+0.006%paid, last 7 days−0.079%to open and close $10k−$56
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PENGUUSDT0.0088160.0100pay 0.0013% / 1h27m 52s$81K$252K50x
ShortHyperliquid PENGU0.0087800.0613get 0.0077% / 1h27m 52s$9.8M$9.3M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$107.67
Slippage, 4 orders
−$36.59
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$52.08
Break-even
3.6 days
Slippage from ApeX Omni: live order book, 15 min ago; Hyperliquid: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.408%
Avg gap 7d
−0.003%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 15 min ago7.81 bp15.9 bp −$1698.9 bp −$989doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago1.70 bp16.9 bp −$17doesn't fitdoesn't fitdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit PENGU_USDC-PERPETUAL0.0000%1h$20K$7K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$34K150xas long as short
Gate PENGU_USDT+0.0038%4h$3.7M$11.9M75xas long as short
Lighter PENGU+0.0096%1h$313K$470K8xas long as short
Orderly PERP_PENGU_USDC+0.0098%4h$16K$186K20xas long as short
Nado PENGU-PERP+0.0100%1h$640K$629K5xas long as short
Aster PENGUUSDT+0.0100%4h$181K$338K20xas long as short
Pacifica PENGU+0.0100%1h$206K$129K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.7M$124.6M75xas long as short
Bybit PENGUUSDT+0.0100%4h$23.1M$25.6M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX PENGU-USDT-SWAP+0.0100%4h$7.9M$40.0M50xas long as short
Arcus PENGU-USD+0.0100%1h$19K$25K5xas long as short
MEXC PENGU_USDT+0.0100%4h$11.7M$10.8M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h$5.1M$7.0M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.6M$9.4M75xas long as short
BingX PENGU-USDT+0.0100%4h$4.1Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h$307K$306K10xas long as short
Variational Omni PENGU+0.0100%4h$697K$374Kas long as short
ApeX Omni PENGUUSDTlong+0.0100%1h$81K$252K50x
SunX PENGU-USDT+0.0100%4h$3K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h$985$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$96K$210K25xas long as short
Extended PENGU-USD+0.0104%1h$182K$678K10xas long as short
Aevo PENGU-PERP+0.0104%1h$203K$17K3xas long as short
Kraken Futures PF_PENGUUSD+0.0120%1h$368K$853K50xas long as short
Reya PENGURUSDPERP+0.0235%1h$29710xas long as short
01 Exchange PENGUUSD+0.0248%1h$170$285xas long as short
BloFin PENGU-USDT+0.0340%4h$1.6M$1.5M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0497% / S −0.0660%1h$111K100xas long as short
Hyperliquid PENGUshort+0.0613%1h$9.8M$9.3M5x
Coinbase International PENGU-PERP-INTX+0.2912%1h$95K$133K50xas long as short
Injective PENGU/USDC PERP+0.5000%1h$3K$91K5.5xas long as short
dYdX PENGU-USD+0.8020%1h$12K$4K5xas long as short