PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: SoDEX against gTrade (Gains Network)+0.213%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on SoDEX

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.213% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$21 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	gTrade (Gains Network) PENGU/USD	0.009006	L +0.0007% / S −0.0003%	pay 0.0001% / 1h	50m 17s	$33K	—	150x
Short	SoDEX PENGU-USD	0.009025	0.0100	get 0.0013% / 1h	50m 17s	$1K	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.213%Rate

Funding earned: $19.52
Price spread: +0.213% → 0.000%: $21.3
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $22.82
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and SoDEX: 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/USDlong	L +0.0007% / S −0.0003%	1h	0.009006	long leg	$33K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−2.408%	$3K	$117K	5.5x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0083%	1h	0.009025	+0.213%	$1K	$29K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.009033	+0.302%	$324K	$769K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009006	+0.008%	$635K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009011	+0.058%	$9.0M	$16.3M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009013	+0.083%	$142K	$715K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009009	+0.035%	$136K	$264K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009007	+0.018%	$39.2M	$190.9M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009002	−0.042%	$24.1M	$44.6M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009015	+0.102%	$7.9M	$54.9M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009010	+0.046%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009001	−0.054%	$3.6M	$17.5M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009005	−0.009%	$10.8M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009003	−0.031%	$5.0M	$10.3M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009024	+0.202%	$8.7M	$14.0M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008997	−0.098%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009010	+0.046%	$292K	$369K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009001	−0.056%	$918K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009024	+0.206%	$473K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009002	−0.042%	$79K	$251K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009018	+0.135%	$23K	$262K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009243	+2.634%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USDshort	+0.0100%	1h	0.009025	+0.213%	$1K	$5K	5x
HTX PENGU-USDT	+0.0100%	4h	0.009039	+0.368%	$93K	$404K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009022	+0.175%	$185K	$517K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009024	+0.202%	$208K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0240%	1h	0.009000	−0.061%	$304	—	10x	as long as short
01 Exchange PENGUUSD	+0.0280%	1h	0.009015	+0.102%	$206	$41	5x	as long as short
dYdX PENGU-USD	+0.0324%	1h	0.009012	+0.071%	$12K	$6K	5x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009017	+0.124%	$1.6M	$4.9M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0430% / S −0.0352%	1h	0.009004	−0.020%	$103K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0540%	1h	0.009035	+0.323%	$335K	$2.5M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1928%	1h	0.009135	+1.434%	$80K	$70K	50x	as long as short