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

PENGU

all PENGU markets
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Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h+0.031%paid, last 7 days−0.057%to open and close $10k−$39
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PENGU_USDC_PERP0.0088170.0100pay 0.0013% / 1h33m 10s$309K$306K10x
ShortBybit PENGUUSDT0.0088130.0100get 0.0050% / 4h3h 33m$23.3M$25.5M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$17.86
Fee Backpack: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$38.86
Break-even
never at this rate
Slippage from Backpack: live order book, 12 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.045%
Avg gap 7d
−0.038%
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 Backpack live order book, 12 min ago0.56 bp7.4 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.57 bp11.6 bp −$1230.7 bp −$307116.2 bp −$11.6Kdoesn'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$33K150xas long as short
Gate PENGU_USDT+0.0048%4h$3.9M$11.5M75xas long as short
Lighter PENGU+0.0096%1h$314K$470K8xas long as short
Orderly PERP_PENGU_USDC+0.0097%4h$16K$186K20xas long as short
Aster PENGUUSDT+0.0100%4h$182K$338K20xas long as short
Pacifica PENGU+0.0100%1h$207K$129K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.9M$124.0M75xas long as short
Bybit PENGUUSDTshort+0.0100%4h$23.3M$25.5M75x
OKX PENGU-USDT-SWAP+0.0100%4h$7.9M$40.0M50xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus PENGU-USD+0.0100%1h$19K$25K5xas long as short
MEXC PENGU_USDT+0.0100%4h$11.8M$10.7M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h$5.1M$7.0M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.6M$9.2M75xas long as short
BingX PENGU-USDC+0.0100%4h$2.3Mas long as short
Backpack PENGU_USDC_PERPlong+0.0100%1h$309K$306K10x
Variational Omni PENGU+0.0100%4h$706K$368Kas long as short
ApeX Omni PENGUUSDT+0.0100%1h$81K$252K50xas long as short
Nado PENGU-PERP+0.0100%1h$643K$629K5xas long as short
SunX PENGU-USDT+0.0100%4h$3K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h$995$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$97K$210K25xas long as short
Extended PENGU-USD+0.0104%1h$192K$669K10xas long as short
Aevo PENGU-PERP+0.0104%1h$204K$17K3xas long as short
Kraken Futures PF_PENGUUSD+0.0120%1h$369K$857K50xas 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 +0.0498% / S −0.0660%1h$111K100xas long as short
Hyperliquid PENGU+0.0716%1h$9.8M$9.3M5xas long as short
Coinbase International PENGU-PERP-INTX+0.2912%1h$95K$133K50xas long as short
dYdX PENGU-USD+0.3765%1h$12K$2K5xas long as short
Injective PENGU/USDC PERP+0.5000%1h$3K$91K5.5xas long as short