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

PENGU

all PENGU markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h−0.031%paid, last 7 days−0.050%to open and close $10k−$67
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PENGUUSDTM0.0086920.0100pay 0.0050% / 4h47m 13s$4.8M$6.5M75x
ShortBackpack PENGU_USDC_PERP0.0087050.0100get 0.0013% / 1h47m 13s$301K$265K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$45.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$67.05
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Backpack: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.150%
Avg gap 7d
−0.047%
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 KuCoin live order book, 7 min ago2.32 bp33.6 bp −$3481.4 bp −$814doesn't fitdoesn't fit
Sell Backpack live order book, 3 min ago0.57 bp7.9 bp −$8doesn't fitdoesn't fitdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange PENGUUSD−0.0056%1h$167$285xas long as short
dYdX PENGU-USD0.0000%1h$10K$1K5xas long as short
Deribit PENGU_USDC-PERPETUAL0.0000%1h$22K$4K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$33K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h$3K$116K5.5xas long as short
Lighter PENGU+0.0096%1h$304K$442K8xas long as short
Orderly PERP_PENGU_USDC+0.0096%4h$17K$175K20xas long as short
Nado PENGU-PERP+0.0100%1h$223K$294K5xas long as short
Hyperliquid PENGU+0.0100%1h$8.5M$6.5M5xas long as short
Aster PENGUUSDT+0.0100%4h$176K$318K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PENGU+0.0100%1h$204K$124K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.7M$104.7M75xas long as short
Bybit PENGUUSDT+0.0100%4h$21.9M$21.3M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$7.7M$34.4M50xas long as short
Arcus PENGU-USD+0.0100%1h$4K$9K5xas long as short
Gate PENGU_USDT+0.0100%4h$3.8M$8.6M75xas long as short
MEXC PENGU_USDT+0.0100%4h$12.1M$9.0M125xas long as short
KuCoin PENGUUSDTMlong+0.0100%4h$4.8M$6.5M75x
Bitget PENGUUSDT+0.0100%4h$8.6M$7.8M75xas long as short
BingX PENGU-USDT+0.0100%4h$3.7Mas long as short
Backpack PENGU_USDC_PERPshort+0.0100%1h$301K$265K10x
Variational Omni PENGU+0.0100%4h$702K$299Kas long as short
ApeX Omni PENGUUSDT+0.0100%1h$75K$250K50xas long as short
SunX PENGU-USDT+0.0100%4h$2K$1.7M10xas long as short
SoDEX PENGU-USD+0.0100%1h$979$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$97K$183K25xas long as short
Extended PENGU-USD+0.0104%1h$193K$665K10xas long as short
Aevo PENGU-PERP+0.0104%1h$201K$17K3xas long as short
Reya PENGURUSDPERP+0.0235%1h$29310xas long as short
BloFin PENGU-USDT+0.0340%4h$1.5M$890K75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0391% / S −0.0366%1h$86K100xas long as short
Kraken Futures PF_PENGUUSD+0.0520%1h$371K$769K50xas long as short
Coinbase International PENGU-PERP-INTX+0.2520%1h$85K$190K50xas long as short