PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.040%

Price spread now: Reya against Extended+0.075%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.075% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PENGU-USD	0.009074	0.0104	pay 0.0013% / 1h	45m 56s	$188K	$847K	10x
Short	Reya PENGURUSDPERP	0.009081	0.0240	get 0.0030% / 1h	45m 56s	$307	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Extended. 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 ExtendedbpFee ReyabpOrdersPrice spread, now +0.075%Rate

Funding earned: $28.54
Price spread: +0.075% → 0.000%: $7.46
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Reya: 3 bp × 2 orders: −$6
Net: $25
Costs to cover: 0.110%
Break-even: 0.9 days

Slippage unknown: Extended: live order book, 62 min ago; Reya: 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 Extended live order book, 62 min ago	1.70 bp	10.8 bp −$11	84.3 bp −$843	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009080	+0.066%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.146%	$3K	$117K	5.5x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0080%	1h	0.009084	+0.105%	$1K	$29K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.009092	+0.193%	$326K	$767K	8x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009081	+0.067%	$131K	$702K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009106	+0.348%	$140K	$291K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009078	+0.034%	$39.6M	$187.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009066	−0.093%	$24.0M	$43.9M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009073	−0.016%	$8.0M	$54.5M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009100	+0.281%	$18K	$26K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PENGU_USDT	+0.0100%	4h	0.009067	−0.082%	$3.5M	$17.0M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009078	+0.039%	$11.4M	$12.7M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009078	+0.039%	$5.3M	$10.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009079	+0.050%	$8.7M	$13.8M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009071	−0.038%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009067	−0.082%	$312K	$362K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009134	+0.656%	$931K	$1.1M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009155	+0.890%	$484K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009125	+0.557%	$80K	$251K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009088	+0.155%	$638K	$1.1M	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009082	+0.083%	$23K	$206K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009300	+2.485%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009074	−0.005%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009106	+0.348%	$94K	$403K	25x	as long as short
Extended PENGU-USDlong	+0.0104%	1h	0.009074	long leg	$188K	$847K	10x
Aevo PENGU-PERP	+0.0104%	1h	0.009080	+0.061%	$210K	—	3x	as long as short
Reya PENGURUSDPERPshort	+0.0240%	1h	0.009081	+0.075%	$307	—	10x
BloFin PENGU-USDT	+0.0340%	4h	0.009111	+0.403%	$1.6M	$4.9M	75x	as long as short
01 Exchange PENGUUSD	+0.0368%	1h	0.009092	+0.193%	$208	$64	5x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0444% / S −0.0368%	1h	0.009078	+0.039%	$107K	—	100x	as long as short
Hyperliquid PENGU	+0.0487%	1h	0.009088	+0.149%	$9.4M	$16.1M	5x	as long as short
Kraken Futures PF_PENGUUSD	+0.0671%	1h	0.009092	+0.193%	$334K	$2.5M	50x	as long as short
dYdX PENGU-USD	+0.0846%	1h	0.009107	+0.355%	$12K	$6K	5x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1664%	1h	0.009194	+1.317%	$81K	$69K	50x	as long as short