Funding you earn now, next payment 06:00 UTC+0.0257%/8h= +28.1% APRnext payment +$0.32 per $10,000 · paid last 24h +0.021%
Price spread now: 01 Exchange against gTrade (Gains Network)+0.082%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$8 a day on $10k at the current rate, and 01 Exchange is 0.082% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 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 | 0.009097 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 4m 57s | $33K | — | 150x |
| Short | 01 Exchange PENGUUSD | 0.009104 | 0.0264 | get 0.0033% / 1h | 4m 57s | $208 | $64 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.96
- Price spread: +0.082% → 0.000%
- $8.2
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $45.16
- Costs to cover
- 0.170%
- Break-even
- 1.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 01 Exchange: 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 | 0.009097 | long leg | $33K | — | 150x | |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | −3.381% | $3K | $117K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.009114 | +0.192% | $335K | $759K | 8x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.009092 | −0.047% | $638K | $1.1M | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.009127 | +0.335% | $9.4M | $15.8M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.009096 | −0.009% | $121K | $691K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | 0.009084 | −0.138% | $139K | $285K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | 0.009096 | −0.006% | $39.7M | $183.9M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.009082 | −0.160% | $24.1M | $43.2M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.009086 | −0.116% | $8.0M | $53.9M | 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 | 0.009090 | −0.072% | $18K | $26K | 5x | as long as short |
| Gate PENGU_USDT | +0.0100% | 4h | 0.009096 | −0.006% | $3.4M | $17.0M | 75x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.009103 | +0.071% | $11.0M | $12.8M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.009103 | +0.071% | $5.3M | $9.9M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.009105 | +0.093% | $8.7M | $13.7M | 75x | as long as short |
| BingX PENGU-USDT | +0.0100% | 4h | 0.009093 | −0.039% | — | $3.8M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.009110 | +0.148% | $298K | $359K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.009068 | −0.315% | $924K | $1.1M | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.009091 | −0.064% | $481K | $2.2M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.009100 | +0.038% | $82K | $250K | 50x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0100% | 4h | 0.009097 | +0.005% | $23K | $188K | 20x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.009322 | +2.479% | $3K | $2.2M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.009104 | +0.082% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.009116 | +0.214% | $94K | $401K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.009098 | +0.018% | $187K | $841K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.009101 | +0.049% | $210K | — | 3x | as long as short |
| Reya PENGURUSDPERP | +0.0240% | 1h | 0.009091 | −0.064% | $307 | — | 10x | as long as short |
| 01 Exchange PENGUUSDshort | +0.0264% | 1h | 0.009104 | +0.082% | $208 | $64 | 5x | |
| dYdX PENGU-USD | +0.0276% | 1h | 0.009079 | −0.193% | $12K | $6K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.0300% | 1h | 0.009102 | +0.060% | $1K | $29K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0310% | 1h | 0.009116 | +0.219% | $340K | $2.5M | 50x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.009105 | +0.093% | $1.5M | $4.9M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0390% / S −0.0291% | 1h | 0.009097 | +0.005% | $92K | — | 100x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.1752% | 1h | 0.009185 | +0.972% | $81K | $80K | 50x | as long as short |
gTrade (Gains Network) PENGU/USD
01 Exchange PENGUUSD
Injective PENGU/USDC PERP
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
Gate PENGU_USDT
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Deribit PENGU_USDC-PERPETUAL
Kraken Futures PF_PENGUUSD
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Coinbase International PENGU-PERP-INTX