PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: ApeX Omni against gTrade (Gains Network)−0.088%67s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on ApeX Omni

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—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.088% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.2 days of funding at the current rate (+$3 a day). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PENGU/USD	0.008933	L +0.0007% / S −0.0003%	pay 0.0001% / 1h	18m 33s	$33K	—	150x
Short	ApeX Omni PENGUUSDT	0.008925	0.0100	get 0.0013% / 1h	18m 33s	$81K	$252K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now −0.088%Rate

Funding earned: $19.52
Price spread: −0.088% → 0.000%: −$8.82
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$9.3
Costs to cover: 0.200%
Break-even: 10.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 33 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 33 min ago	4.96 bp	12.2 bp −$12	96.9 bp −$969	doesn't fit	doesn't fit

gTrade (Gains Network): 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-PERPETUAL	0.0000%	1h	0.008925	−0.088%	$18K	$10K	10x	as long as short
gTrade (Gains Network) PENGU/USDlong	L +0.0007% / S −0.0003%	1h	0.008933	long leg	$33K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−1.611%	$3K	$117K	5.5x	as long as short
dYdX PENGU-USD	+0.0049%	1h	0.008923	−0.112%	$12K	$5K	5x	as long as short
Gate PENGU_USDT	+0.0050%	4h	0.008917	−0.178%	$3.3M	$16.5M	75x	as long as short
01 Exchange PENGUUSD	+0.0088%	1h	0.008927	−0.066%	$204	$64	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008927	−0.066%	$325K	$752K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008924	−0.102%	$599K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008932	−0.010%	$8.5M	$15.1M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008926	−0.078%	$138K	$643K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PENGU	+0.0100%	1h	0.008921	−0.133%	$136K	$273K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008922	−0.122%	$37.9M	$172.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008917	−0.178%	$23.7M	$41.2M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008922	−0.122%	$7.8M	$50.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008920	−0.144%	$19K	$25K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008932	−0.010%	$10.9M	$12.7M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008928	−0.055%	$4.9M	$9.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008929	−0.043%	$8.6M	$13.0M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008924	−0.099%	—	$3.5M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008926	−0.077%	$298K	$328K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008908	−0.279%	$930K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008907	−0.294%	$474K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTshort	+0.0100%	1h	0.008925	−0.088%	$81K	$252K	50x
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008924	−0.099%	$23K	$109K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009143	+2.352%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008929	−0.043%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008946	+0.147%	$93K	$378K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008915	−0.205%	$184K	$943K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008920	−0.144%	$206K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0239%	1h	0.008925	−0.086%	$301	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008934	+0.013%	$1.6M	$4.2M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0502% / S −0.0415%	1h	0.008923	−0.111%	$127K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0612%	1h	0.008935	+0.027%	$327K	$2.4M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2704%	1h	0.008982	+0.550%	$95K	$63K	50x	as long as short