PENGU

Alert

Funding spread now, next payment 20:00 UTC+0.0234%/8h

next payment, per $10,000+$1.17paid, last 24h+0.006%paid, last 7 days+0.096%to open and close $10k−$74

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PENGU_USDT	0.008613	−0.0134	get 0.0067% / 4h	2h 15m	$3.6M	$12.9M	75x
Short	KuCoin PENGUUSDTM	0.008611	0.0100	get 0.0050% / 4h	2h 15m	$5.1M	$7.1M	75x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersRate

Funding earned: $49.14
Slippage, 4 orders: −$46.66
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$24.52
Break-even: 10.5 days

Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 9 min ago.

Price risk

price view

Price gap now: −0.023%
Avg gap 7d: +0.014%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Gate live order book, 5 min ago	3.47 bp	13.5 bp −$14	35.3 bp −$353	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	2.30 bp	20.7 bp −$21	46.8 bp −$468	doesn't fit	doesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PENGU_USDTlong	−0.0134%	4h	$3.6M	$12.9M	75x
dYdX PENGU-USD	0.0000%	1h	$11K	$5K	5x	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	$19K	$7K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	$33K	—	150x	as long as short
Lighter PENGU	+0.0096%	1h	$310K	$486K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0098%	4h	$16K	$182K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	$635K	$677K	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	$9.7M	$11.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	$204K	$345K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	$204K	$133K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance PENGUUSDT	+0.0100%	4h	$36.5M	$127.9M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	$21.9M	$27.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	$7.8M	$39.8M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	$19K	$23K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	$11.4M	$10.9M	125x	as long as short
KuCoin PENGUUSDTMshort	+0.0100%	4h	$5.1M	$7.1M	75x
Bitget PENGUUSDT	+0.0100%	4h	$8.4M	$9.7M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	$305K	$306K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	$773K	$528K	—	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	$79K	$253K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	$972	$14K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	$100K	$207K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	$177K	$678K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	$199K	$17K	3x	as long as short
01 Exchange PENGUUSD	+0.0200%	1h	$166	$28	5x	as long as short
Reya PENGURUSDPERP	+0.0236%	1h	$291	—	10x	as long as short
Kraken Futures PF_PENGUUSD	+0.0288%	1h	$341K	$886K	50x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	$1.5M	$1.5M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0492% / S −0.0678%	1h	$108K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2968%	1h	$93K	$128K	50x	as long as short
Injective PENGU/USDC PERP	+0.4551%	1h	$3K	$51K	5.5x	as long as short