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

PENGU

all PENGU markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC−0.0048%/8h
paid, last 24h−0.031%paid, last 7 days−0.066%to open and close $10k−$68
Long on BingXShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PENGU-USDC0.0085850.0100pay 0.0050% / 4h1h 59m—$2.3M—
ShortBackpack PENGU_USDC_PERP0.0085850.0052get 0.0006% / 1h59m 16s$303K$305K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$10.09
Slippage, 4 orders
−$47.81
Fee BingX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$77.9
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Backpack: live order book, 41 min ago.

Price risk

price view
Price gap now
0.000%
Avg gap 7d
+0.033%
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 BingX live order book, 10 min ago1.75 bp22.9 bp −$2354.3 bp −$543385.5 bp −$38.5K1083.2 bp −$541.6K
Sell Backpack live order book, 41 min ago0.58 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PENGU_USDT−0.0128%4h$3.5M$12.8M75xas long as short
Kraken Futures PF_PENGUUSD−0.0075%1h$311K$956K50xas long as short
dYdX PENGU-USD0.0000%1h$11K$5K5xas long as short
Deribit PENGU_USDC-PERPETUAL0.0000%1h$19K$7K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$33K—150xas long as short
Injective PENGU/USDC PERP+0.0033%1h$3K$24K5.5xas long as short
Backpack PENGU_USDC_PERPshort+0.0052%1h$303K$305K10x
Lighter PENGU+0.0096%1h$310K$491K8xas long as short
Orderly PERP_PENGU_USDC+0.0097%4h$21K$188K20xas long as short
Nado PENGU-PERP+0.0100%1h$626K$681K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid PENGU+0.0100%1h$9.5M$12.0M5xas long as short
Aster PENGUUSDT+0.0100%4h$204K$340K20xas long as short
Pacifica PENGU+0.0100%1h$203K$133K5xas long as short
Binance PENGUUSDT+0.0100%4h$36.2M$128.9M75xas long as short
Bybit PENGUUSDT+0.0100%4h$21.9M$27.4M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$7.9M$40.1M50xas long as short
Arcus PENGU-USD+0.0100%1h$18K$23K5xas long as short
MEXC PENGU_USDT+0.0100%4h$11.1M$10.7M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h$5.1M$7.2M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.3M$9.8M75xas long as short
BingX PENGU-USDClong+0.0100%4h—$2.3M—
Variational Omni PENGU+0.0100%4h$761K$530K—as long as short
ApeX Omni PENGUUSDT+0.0100%1h$78K$253K50xas long as short
SunX PENGU-USDT+0.0100%4h$2K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h$975$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$99K$207K25xas long as short
Extended PENGU-USD+0.0104%1h$176K$678K10xas long as short
Aevo PENGU-PERP+0.0104%1h$198K$17K3xas long as short
01 Exchange PENGUUSD+0.0176%1h$166$285xas long as short
Reya PENGURUSDPERP+0.0236%1h$290—10xas long as short
BloFin PENGU-USDT+0.0340%4h$1.5M$1.5M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0489% / S −0.0675%1h$108K—100xas long as short
Coinbase International PENGU-PERP-INTX+0.2920%1h$91K$128K50xas long as short