data as of
Settings8H · net · $10k
Funding arb /

PENGU

all PENGU markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h−0.006%paid, last 7 days−0.032%to open and close $10k−$46
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PENGU0.0086220.0100pay 0.0013% / 1h21m 24s$8.3M$6.6M5x
ShortBybit PENGUUSDT0.0085980.0100get 0.0050% / 4h21m 24s$21.6M$22.4M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$25.52
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$45.52
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Bybit: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.278%
Avg gap 7d
−0.070%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago1.74 bp13.5 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.58 bp12.9 bp −$1336.8 bp −$368171.2 bp −$17.1Kdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack PENGU_USDC_PERP−0.0194%1h$300K$275K10xas long as short
Deribit PENGU_USDC-PERPETUAL−0.0099%1h$21K$4K10xas long as short
01 Exchange PENGUUSD−0.0080%1h$166$285xas long as short
dYdX PENGU-USD0.0000%1h$10K$1K5xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$32K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h$3K$116K5.5xas long as short
Lighter PENGU+0.0096%1h$298K$448K8xas long as short
Orderly PERP_PENGU_USDC+0.0098%4h$21K$179K20xas long as short
Nado PENGU-PERP+0.0100%1h$221K$309K5xas long as short
Hyperliquid PENGUlong+0.0100%1h$8.3M$6.6M5x
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster PENGUUSDT+0.0100%4h$173K$321K20xas long as short
Pacifica PENGU+0.0100%1h$202K$125K5xas long as short
Binance PENGUUSDT+0.0100%4h$36.7M$110.1M75xas long as short
Bybit PENGUUSDTshort+0.0100%4h$21.6M$22.4M75x
OKX PENGU-USDT-SWAP+0.0100%4h$7.5M$35.6M50xas long as short
Arcus PENGU-USD+0.0100%1h$3K$9K5xas long as short
Gate PENGU_USDT+0.0100%4h$3.7M$9.8M75xas long as short
MEXC PENGU_USDT+0.0100%4h$13.7M$9.9M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h$5.0M$6.7M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.6M$8.2M75xas long as short
BingX PENGU-USDT+0.0100%4h$3.8Mas long as short
Variational Omni PENGU+0.0100%4h$664K$330Kas long as short
ApeX Omni PENGUUSDT+0.0100%1h$74K$251K50xas long as short
SunX PENGU-USDT+0.0100%4h$3K$1.8M10xas long as short
SoDEX PENGU-USD+0.0100%1h$977$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$95K$183K25xas long as short
Extended PENGU-USD+0.0104%1h$190K$665K10xas long as short
Aevo PENGU-PERP+0.0104%1h$198K$17K3xas long as short
Reya PENGURUSDPERP+0.0235%1h$29110xas long as short
BloFin PENGU-USDT+0.0340%4h$1.5M$916K75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0390% / S −0.0366%1h$85K100xas long as short
Kraken Futures PF_PENGUUSD+0.0529%1h$365K$805K50xas long as short
Coinbase International PENGU-PERP-INTX+0.2520%1h$91K$164K50xas long as short