PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Extended against gTrade (Gains Network)−0.492%7-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 Extended

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 · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.492% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.492% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 17 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PENGU/USD	0.008921	L +0.0007% / S −0.0003%	pay 0.0001% / 1h	3m 44s	$33K	—	150x
Short	Extended PENGU-USD	0.008877	0.0104	get 0.0013% / 1h	3m 44s	$183K	$935K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.492%Rate

Funding earned: $20.36
Price spread: −0.492% → 0.000%: −$49.17
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$43.81
Costs to cover: 0.150%
Break-even: 22.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago	1.68 bp	10.6 bp −$11	45.8 bp −$458	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
Kraken Futures PF_PENGUUSD	−0.0388%	1h	0.008908	−0.143%	$370K	$2.3M	50x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0199%	1h	0.008909	−0.137%	$18K	$10K	10x	as long as short
01 Exchange PENGUUSD	−0.0168%	1h	0.008938	+0.188%	$204	$59	5x	as long as short
Gate PENGU_USDT	−0.0118%	4h	0.008874	−0.529%	$3.5M	$15.9M	75x	as long as short
Variational Omni PENGU	−0.0108%	4h	0.008910	−0.127%	$920K	$975K	—	as long as short
gTrade (Gains Network) PENGU/USDlong	L +0.0007% / S −0.0003%	1h	0.008921	long leg	$33K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−1.482%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008865	−0.630%	$308K	$733K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0099%	4h	0.008910	−0.126%	$19K	$178K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008930	+0.104%	$708K	$765K	5x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PENGU	+0.0100%	1h	0.008866	−0.619%	$8.3M	$15.2M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008891	−0.340%	$190K	$465K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008858	−0.709%	$153K	$240K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008859	−0.697%	$37.5M	$156.3M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008845	−0.854%	$23.2M	$37.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008840	−0.910%	$7.7M	$47.6M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008940	+0.211%	$20K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008852	−0.776%	$12.9M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008856	−0.731%	$4.7M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008870	−0.574%	$8.4M	$12.7M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008853	−0.765%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008885	−0.406%	$306K	$321K	10x	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008952	+0.340%	$468K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008958	+0.412%	$82K	$248K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009132	+2.363%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008898	−0.260%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008948	+0.300%	$92K	$299K	25x	as long as short
Extended PENGU-USDshort	+0.0104%	1h	0.008877	−0.492%	$183K	$935K	10x
Aevo PENGU-PERP	+0.0104%	1h	0.008899	−0.249%	$206K	—	3x	as long as short
dYdX PENGU-USD	+0.0114%	1h	0.008864	−0.639%	$12K	$4K	5x	as long as short
Reya PENGURUSDPERP	+0.0238%	1h	0.008924	+0.033%	$301	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008925	+0.042%	$1.5M	$2.9M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0522% / S −0.0723%	1h	0.008919	−0.025%	$118K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1648%	1h	0.008967	+0.513%	$95K	$104K	50x	as long as short