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

PENGU

all PENGU markets
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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−0.2820%/8h
paid, last 24h−0.471%paid, last 7 days−1.607%to open and close $10k−$230
Long on Coinbase InternationalShort on MEXC
The current rate is far above what this pair has been paying: over the last 7 days it paid -1.607% in total (about -83.8% 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-INTX0.0088590.2920pay 0.0365% / 1h23m 46s$93K$128K50x
ShortMEXC PENGU_USDT0.0087680.0100get 0.0050% / 4h1h 23m$11.5M$10.8M125x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$592.2
Slippage, 4 orders
−$219.61
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$821.81
Break-even
never at this rate
Slippage from Coinbase International: live order book, 10 min ago; MEXC: live order book, 1 min ago.

Price risk

price view
Price gap now
−1.027%
Avg gap 7d
−0.762%
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, 10 min ago104.42 bp110.2 bp −$110doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.57 bp3.3 bp −$316.3 bp −$16355.3 bp −$5,53095.6 bp −$47.8K

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PENGU_USDT−0.0088%4h$3.6M$12.9M75xas long as short
Kraken Futures PF_PENGUUSD−0.0073%1h$305K$988K50xas long as short
dYdX PENGU-USD0.0000%1h$12K$5K5xas long as short
Deribit PENGU_USDC-PERPETUAL0.0000%1h$20K$7K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$32K—150xas long as short
Injective PENGU/USDC PERP+0.0033%1h$3K$24K5.5xas long as short
Lighter PENGU+0.0096%1h$316K$493K8xas long as short
Orderly PERP_PENGU_USDC+0.0096%4h$21K$187K20xas long as short
Nado PENGU-PERP+0.0100%1h$643K$686K5xas long as short
Hyperliquid PENGU+0.0100%1h$9.9M$12.1M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster PENGUUSDT+0.0100%4h$181K$369K20xas long as short
Pacifica PENGU+0.0100%1h$207K$133K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.4M$130.6M75xas long as short
Bybit PENGUUSDT+0.0100%4h$22.5M$27.8M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$8.1M$41.7M50xas long as short
Arcus PENGU-USD+0.0100%1h$19K$24K5xas long as short
MEXC PENGU_USDTshort+0.0100%4h$11.5M$10.8M125x
KuCoin PENGUUSDTM+0.0100%4h$5.2M$7.3M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.5M$9.9M75xas long as short
BingX PENGU-USDT+0.0100%4h—$4.0M—as long as short
Backpack PENGU_USDC_PERP+0.0100%1h$311K$306K10xas long as short
Variational Omni PENGU+0.0100%4h$782K$526K—as long as short
ApeX Omni PENGUUSDT+0.0100%1h$80K$252K50xas long as short
SunX PENGU-USDT+0.0100%4h$3K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h$986$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$98K$234K25xas long as short
Extended PENGU-USD+0.0104%1h$180K$678K10xas long as short
Aevo PENGU-PERP+0.0104%1h$203K$17K3xas long as short
01 Exchange PENGUUSD+0.0184%1h$201$595xas long as short
Reya PENGURUSDPERP+0.0236%1h$296—10xas long as short
BloFin PENGU-USDT+0.0340%4h$1.5M$1.6M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0506% / S −0.0698%1h$113K—100xas long as short
Coinbase International PENGU-PERP-INTXlong+0.2920%1h$93K$128K50x