PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: SunX against BloFin+2.387%7-day average +2.629% · you sell dearer than you buy

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

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.469%−$47 on $10k

Price spread, last 3 days (all we have)−0.032%−$3 · spread now +2.387%, 7d avg +2.629%

Together, before fees−0.502%−$50 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.243% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +2.629%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PENGU-USDT	0.008925	0.0340	pay 0.0170% / 4h	3h 04m	$1.5M	$2.9M	75x
Short	SunX PENGU-USDT	0.009138	0.0100	get 0.0050% / 4h	3h 04m	$3K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now +2.387%Rate

Funding earned: −$50.4
Price spread: +2.387% → +2.629%: −$24.26
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$94.66
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 4 min ago; SunX: live order book, 1 min ago. 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 BloFin live order book, 4 min ago	1.68 bp	8.9 bp −$9	14.4 bp −$144	46.8 bp −$4,675	doesn't fit
Sell SunX live order book, 1 min ago	251.76 bp	doesn't fit	doesn't fit	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
Kraken Futures PF_PENGUUSD	−0.0387%	1h	0.008933	+0.090%	$372K	$2.3M	50x	as long as short
01 Exchange PENGUUSD	−0.0168%	1h	0.008938	+0.146%	$204	$59	5x	as long as short
Gate PENGU_USDT	−0.0118%	4h	0.008931	+0.067%	$3.5M	$15.9M	75x	as long as short
Variational Omni PENGU	−0.0108%	4h	0.008910	−0.170%	$920K	$975K	—	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008927	+0.022%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008927	+0.023%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−1.524%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008940	+0.168%	$310K	$733K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008924	−0.011%	$19K	$178K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008921	−0.039%	$707K	$765K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PENGU	+0.0100%	1h	0.008939	+0.157%	$8.4M	$15.2M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008938	+0.147%	$191K	$465K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008935	+0.112%	$154K	$240K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008935	+0.112%	$37.8M	$156.2M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008928	+0.034%	$23.4M	$37.5M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008929	+0.045%	$7.7M	$48.1M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008940	+0.168%	$20K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008937	+0.134%	$13.1M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008932	+0.078%	$4.7M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008934	+0.101%	$8.4M	$12.7M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008916	−0.101%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008919	−0.067%	$307K	$321K	10x	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008952	+0.297%	$468K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008958	+0.370%	$82K	$248K	50x	as long as short
SunX PENGU-USDTshort	+0.0100%	4h	0.009138	+2.387%	$3K	$2.1M	10x
SoDEX PENGU-USD	+0.0100%	1h	0.008925	0.000%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008936	+0.123%	$92K	$299K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008928	+0.033%	$184K	$935K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008918	−0.078%	$206K	—	3x	as long as short
dYdX PENGU-USD	+0.0112%	1h	0.008935	+0.109%	$12K	$4K	5x	as long as short
Reya PENGURUSDPERP	+0.0238%	1h	0.008921	−0.040%	$301	—	10x	as long as short
BloFin PENGU-USDTlong	+0.0340%	4h	0.008925	long leg	$1.5M	$2.9M	75x
GMX PENGU/USD [WBTC.b-USDC]	L +0.0522% / S −0.0723%	1h	0.008925	0.000%	$118K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1648%	1h	0.008967	+0.471%	$95K	$104K	50x	as long as short