PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.360%

Price spread now: Deribit against dYdX+0.014%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENGU-USD	0.008752	0.0193	pay 0.0024% / 1h	28m 23s	$12K	$6K	5x
Short	Deribit PENGU_USDC-PERPETUAL	0.008753	0	get 0.0000% / 1h	28m 23s	$17K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against dYdX. 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 dYdXbpFee DeribitbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$40.5
Price spread: +0.014% → 0.000%: $1.37
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$56.12
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Deribit: 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 Deribit no order-book sample	—	—	—	—	—

dYdX and Deribit: 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
Deribit PENGU_USDC-PERPETUALshort	0.0000%	1h	0.008753	+0.014%	$17K	$12K	10x
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008742	−0.108%	$32K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	+0.425%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008746	−0.066%	$317K	$750K	8x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008750	−0.021%	$8.0M	$15.3M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008746	−0.062%	$120K	$667K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008747	−0.055%	$133K	$274K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008743	−0.101%	$36.8M	$177.0M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008741	−0.123%	$23.2M	$41.8M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008749	−0.032%	$7.5M	$50.4M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PENGU-USD	+0.0100%	1h	0.008750	−0.021%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.008743	−0.101%	$3.3M	$16.5M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008745	−0.078%	$10.4M	$12.6M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008747	−0.055%	$4.9M	$9.7M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008753	+0.014%	$8.3M	$13.4M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008751	−0.009%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008762	+0.117%	$289K	$339K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008739	−0.145%	$912K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008745	−0.073%	$457K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008731	−0.238%	$79K	$250K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008741	−0.123%	$586K	$1.1M	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008751	−0.009%	$23K	$166K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008947	+2.230%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008754	+0.025%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008765	+0.151%	$91K	$392K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008750	−0.026%	$182K	$872K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008745	−0.078%	$202K	—	3x	as long as short
01 Exchange PENGUUSD	+0.0176%	1h	0.008752	+0.002%	$200	$64	5x	as long as short
dYdX PENGU-USDlong	+0.0193%	1h	0.008752	long leg	$12K	$6K	5x
Reya PENGURUSDPERP	+0.0240%	1h	0.008742	−0.114%	$295	—	10x	as long as short
Kraken Futures PF_PENGUUSD	+0.0322%	1h	0.008757	+0.056%	$319K	$2.4M	50x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008774	+0.254%	$1.5M	$4.4M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0500% / S −0.0466%	1h	0.008743	−0.101%	$121K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1752%	1h	0.008825	+0.836%	$78K	$76K	50x	as long as short