Funding you earn now, next payment 09:00 UTC−0.2191%/8h= −239.9% APRnext payment −$2.74 per $10,000 · paid last 24h −0.272%
Price spread now: Arcus against dYdX−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$66 a day on $10k at the current rate, and Arcus is 0.069% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENGU-USD | 0.009046 | 0.2291 | pay 0.0286% / 1h | 31m 21s | $21K | $18K | 5x |
| Short | Arcus PENGU-USD | 0.009040 | 0.0100 | get 0.0013% / 1h | 31m 21s | $18K | $26K | 5x |
dYdX PENGU-USD
Arcus PENGU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$460.16
- Price spread: −0.069% → 0.000%
- −$6.89
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$481.55
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Arcus: no order-book sample. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
dYdX and Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.0348% | 4h | 0.009019 | −0.301% | $3.7M | $17.9M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.009027 | −0.214% | $33K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | −2.844% | $3K | $117K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.009035 | −0.124% | $329K | $756K | 8x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.009038 | −0.091% | $9.2M | $16.8M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.009030 | −0.183% | $132K | $769K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | 0.009037 | −0.102% | $137K | $274K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | 0.009030 | −0.180% | $39.9M | $197.4M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.009057 | +0.119% | $24.4M | $47.1M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.009051 | +0.053% | $8.1M | $58.1M | 50x | as long as short |
Gate PENGU_USDT
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAPShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus PENGU-USDshort | +0.0100% | 1h | 0.009040 | −0.069% | $18K | $26K | 5x | |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.009034 | −0.135% | $11.5M | $13.0M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.009027 | −0.213% | $5.0M | $10.5M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.009063 | +0.185% | $8.8M | $15.2M | 75x | as long as short |
| BingX PENGU-USDT | +0.0100% | 4h | 0.009029 | −0.190% | — | $3.8M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.009028 | −0.202% | $313K | $388K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.009099 | +0.583% | $940K | $1.2M | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.009076 | +0.329% | $473K | $2.1M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.009072 | +0.285% | $80K | $252K | 50x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.009027 | −0.213% | $642K | $1.1M | 5x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0100% | 4h | 0.009059 | +0.141% | $23K | $329K | 20x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.009273 | +2.507% | $3K | $2.2M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.009059 | +0.141% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.009040 | −0.069% | $94K | $416K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.009054 | +0.081% | $189K | $744K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.009065 | +0.207% | $209K | — | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.0192% | 1h | 0.009063 | +0.185% | $1K | $29K | 10x | as long as short |
| Reya PENGURUSDPERP | +0.0241% | 1h | 0.009027 | −0.210% | $305 | — | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.009051 | +0.053% | $1.6M | $5.2M | 75x | as long as short |
| 01 Exchange PENGUUSD | +0.0352% | 1h | 0.009040 | −0.069% | $207 | $41 | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0381% | 1h | 0.009068 | +0.241% | $337K | $2.7M | 50x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0430% / S −0.0351% | 1h | 0.009011 | −0.389% | $103K | — | 100x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2088% | 1h | 0.009211 | +1.821% | $81K | $73K | 50x | as long as short |
| dYdX PENGU-USDlong | +0.2291% | 1h | 0.009046 | long leg | $21K | $18K | 5x |
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
Nado PENGU-PERP
Orderly PERP_PENGU_USDC
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Deribit PENGU_USDC-PERPETUAL
Reya PENGURUSDPERP
BloFin PENGU-USDT
01 Exchange PENGUUSD
Kraken Futures PF_PENGUUSD
GMX PENGU/USD [WBTC.b-USDC]
Coinbase International PENGU-PERP-INTX