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

PENGU

all PENGU markets
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Alert
Funding spread now, next payment 17:00 UTC−0.3056%/8h
paid, last 24h−0.461%paid, last 7 days−1.654%to open and close $10k−$249
The current rate is far above what this pair has been paying: over the last 7 days it paid -1.654% in total (about -86.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PENGU-PERP-INTX0.0088080.2968pay 0.0371% / 1h35m 07s$93K$128K50x
ShortGate PENGU_USDT0.008641−0.0088pay 0.0044% / 4h2h 35m$3.6M$12.8M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$641.76
Slippage, 4 orders
−$223.52
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$890.28
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Gate: live order book, 5 min ago.

Price risk

price view
Price gap now
−1.896%
Avg gap 7d
−0.761%
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 Coinbase International live order book, 4 min ago100.93 bp107.1 bp −$107doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.91 bp18.2 bp −$1843.9 bp −$439doesn't fitdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni PENGUUSDT−0.0094%1h$79K$253K50xas long as short
Gate PENGU_USDTshort−0.0088%4h$3.6M$12.8M75x
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$33K150xas long as short
Lighter PENGU+0.0096%1h$310K$480K8xas long as short
Orderly PERP_PENGU_USDC+0.0098%4h$16K$183K20xas long as short
Nado PENGU-PERP+0.0100%1h$632K$674K5xas long as short
Hyperliquid PENGU+0.0100%1h$9.6M$11.6M5xas long as short
Aster PENGUUSDT+0.0100%4h$205K$345K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PENGU+0.0100%1h$202K$130K5xas long as short
Binance PENGUUSDT+0.0100%4h$36.6M$127.0M75xas long as short
Bybit PENGUUSDT+0.0100%4h$22.0M$26.8M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$7.7M$39.8M50xas long as short
Arcus PENGU-USD+0.0100%1h$19K$23K5xas long as short
MEXC PENGU_USDT+0.0100%4h$11.4M$10.8M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h$5.2M$7.1M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.4M$9.6M75xas long as short
BingX PENGU-USDT+0.0100%4h$4.1Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h$306K$308K10xas long as short
Variational Omni PENGU+0.0100%4h$763K$519Kas long as short
SunX PENGU-USDT+0.0100%4h$3K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h$972$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$100K$210K25xas long as short
Extended PENGU-USD+0.0104%1h$178K$676K10xas long as short
Aevo PENGU-PERP+0.0104%1h$200K$17K3xas long as short
01 Exchange PENGUUSD+0.0136%1h$167$285xas long as short
Reya PENGURUSDPERP+0.0236%1h$29210xas long as short
Kraken Futures PF_PENGUUSD+0.0287%1h$366K$856K50xas long as short
BloFin PENGU-USDT+0.0340%4h$1.5M$1.5M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0493% / S −0.0678%1h$109K100xas long as short
Coinbase International PENGU-PERP-INTXlong+0.2968%1h$93K$128K50x
Injective PENGU/USDC PERP+0.4551%1h$3K$51K5.5xas long as short