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

PENGU

all PENGU markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h−0.031%paid, last 7 days−0.040%to open and close $10k−$23
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PENGU_USDT0.0086470.0100pay 0.0050% / 4h3h 23m$11.3M$10.8M125x
ShortBackpack PENGU_USDC_PERP0.0086420.0100get 0.0013% / 1h23m 05s$309K$308K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$12.94
Fee MEXC: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$22.94
Break-even
never at this rate
Slippage from MEXC: live order book, 7 min ago; Backpack: live order book, 22 min ago.

Price risk

price view
Price gap now
−0.058%
Avg gap 7d
−0.003%
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 MEXC live order book, 7 min ago0.57 bp3.5 bp −$49.1 bp −$9144.1 bp −$4,41595.6 bp −$47.8K
Sell Backpack live order book, 22 min ago0.56 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PENGU_USDT−0.0038%4h$3.6M$12.1M75xas long as short
Deribit PENGU_USDC-PERPETUAL0.0000%1h$19K$7K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$34K150xas long as short
Lighter PENGU+0.0096%1h$309K$471K8xas long as short
Orderly PERP_PENGU_USDC+0.0098%4h$16K$186K20xas long as short
Aster PENGUUSDT+0.0100%4h$178K$344K20xas long as short
Pacifica PENGU+0.0100%1h$203K$129K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.1M$125.4M75xas long as short
Bybit PENGUUSDT+0.0100%4h$22.1M$26.5M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$7.6M$39.7M50xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Arcus PENGU-USD+0.0100%1h$19K$24K5xas long as short
MEXC PENGU_USDTlong+0.0100%4h$11.3M$10.8M125x
KuCoin PENGUUSDTM+0.0100%4h$5.1M$7.0M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.5M$9.3M75xas long as short
BingX PENGU-USDT+0.0100%4h$4.1Mas long as short
Backpack PENGU_USDC_PERPshort+0.0100%1h$309K$308K10x
Variational Omni PENGU+0.0100%4h$678K$389Kas long as short
ApeX Omni PENGUUSDT+0.0100%1h$79K$253K50xas long as short
Nado PENGU-PERP+0.0100%1h$626K$631K5xas long as short
SunX PENGU-USDT+0.0100%4h$2K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h$965$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$100K$221K25xas long as short
Extended PENGU-USD+0.0104%1h$177K$679K10xas long as short
Aevo PENGU-PERP+0.0104%1h$199K$17K3xas long as short
Kraken Futures PF_PENGUUSD+0.0122%1h$362K$854K50xas long as short
Reya PENGURUSDPERP+0.0235%1h$29210xas long as short
01 Exchange PENGUUSD+0.0248%1h$167$285xas long as short
BloFin PENGU-USDT+0.0340%4h$1.6M$1.5M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0492% / S −0.0660%1h$109K100xas long as short
Hyperliquid PENGU+0.0547%1h$9.7M$9.4M5xas long as short
Coinbase International PENGU-PERP-INTX+0.2912%1h$95K$133K50xas long as short
Injective PENGU/USDC PERP+0.5000%1h$3K$91K5.5xas long as short
dYdX PENGU-USD+1.0826%1h$11K$5K5xas long as short