PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h −0.030%

Price spread now: Pacifica against Kraken Futures−0.070%7-day average −0.066% · you buy dearer than you sell

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

Long on Kraken Futures Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.111%−$11 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.070%, 7d avg −0.066%

Together, before fees−0.063%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PENGUUSD	0.009072	0.0064	pay 0.0008% / 1h	53m 40s	$332K	$2.6M	50x
Short	Pacifica PENGU	0.009066	0.0100	get 0.0013% / 1h	53m 40s	$137K	$225K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Kraken Futures. 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 Kraken FuturesbpFee PacificabpOrdersPrice spread, now −0.070%Rate

Funding earned: $7.63
Price spread: −0.070% → −0.066%: −$0.41
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$10.78
Costs to cover: 0.180%
Break-even: 16.9 days

Slippage unknown: Kraken Futures: live order book, 3 min ago; Pacifica: live order book, 57 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 Kraken Futures live order book, 3 min ago	7.70 bp	32.6 bp −$33	74.9 bp −$749	doesn't fit	doesn't fit
Sell Pacifica live order book, 57 min ago	4.95 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

PENGU on 34 exchanges

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
dYdX PENGU-USD	0.0000%	1h	0.009068	−0.046%	$20K	$21K	5x	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.009066	−0.070%	$1K	$27K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009060	−0.137%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.123%	$3K	$117K	5.5x	as long as short
Kraken Futures PF_PENGUUSDlong	+0.0064%	1h	0.009072	long leg	$332K	$2.6M	50x
Lighter PENGU	+0.0096%	1h	0.009070	−0.026%	$325K	$699K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009059	−0.153%	$650K	$1.1M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009069	−0.034%	$135K	$774K	20x	as long as short
Pacifica PENGUshort	+0.0100%	1h	0.009066	−0.070%	$137K	$225K	5x
Binance PENGUUSDT	+0.0100%	4h	0.009067	−0.062%	$40.0M	$192.3M	75x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PENGUUSDT	+0.0100%	4h	0.009056	−0.180%	$24.6M	$46.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009058	−0.158%	$8.4M	$56.3M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009070	−0.026%	$18K	$26K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009064	−0.092%	$3.7M	$17.9M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009067	−0.059%	$12.2M	$12.3M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009065	−0.081%	$5.1M	$10.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009069	−0.037%	$8.7M	$14.3M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009066	−0.070%	—	$3.6M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009064	−0.092%	$304K	$365K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009073	+0.009%	$917K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009099	+0.293%	$480K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009101	+0.316%	$82K	$248K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009063	−0.103%	$23K	$357K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009286	+2.355%	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009068	−0.048%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009085	+0.139%	$93K	$368K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009060	−0.142%	$185K	$740K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009066	−0.070%	$209K	—	3x	as long as short
Hyperliquid PENGU	+0.0156%	1h	0.009077	+0.051%	$9.7M	$17.0M	5x	as long as short
Reya PENGURUSDPERP	+0.0241%	1h	0.009060	−0.131%	$306	—	10x	as long as short
01 Exchange PENGUUSD	+0.0296%	1h	0.009072	−0.004%	$208	$141	5x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009085	+0.139%	$1.6M	$5.3M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0433% / S −0.0357%	1h	0.009065	−0.081%	$105K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2136%	1h	0.009222	+1.649%	$84K	$95K	50x	as long as short