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

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC+0.2812%/8h
paid, last 24h+0.421%paid, last 7 days+1.541%to open and close $10k−$275
Long on MEXCShort on Coinbase International
The current rate is far above what this pair has been paying: over the last 7 days it paid 1.541% in total (about 80.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PENGU_USDT0.0087890.0100pay 0.0050% / 4h3h 50m$12.4M$10.3M125x
ShortCoinbase International PENGU-PERP-INTX0.0089250.2912get 0.0364% / 1h50m 55s$95K$137K50x

Funding history

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Funding on every exchange

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Profit calculator

Funding earned
$590.52
Slippage, 4 orders
−$264.73
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$315.79
Break-even
3.3 days
Slippage from MEXC: live order book, 4 min ago; Coinbase International: live order book, 58 min ago.

Price risk

price view
Price gap now
+1.547%
Avg gap 7d
+0.751%
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, 4 min ago0.57 bp4.0 bp −$413.2 bp −$13250.4 bp −$5,04395.3 bp −$47.7K
Sell Coinbase International live order book, 58 min ago120.12 bp125.1 bp −$125doesn't fitdoesn't fitdoesn't fit

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate PENGU_USDT−0.0324%4h$3.9M$10.7M75xas long as short
Deribit PENGU_USDC-PERPETUAL−0.0091%1h$21K$6K10xas long as short
dYdX PENGU-USD0.0000%1h$10K$1K5xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h$33K—150xas long as short
Lighter PENGU+0.0096%1h$308K$444K8xas long as short
Orderly PERP_PENGU_USDC+0.0099%4h$22K$179K20xas long as short
Nado PENGU-PERP+0.0100%1h$651K$603K5xas long as short
Aster PENGUUSDT+0.0100%4h$177K$369K20xas long as short
Pacifica PENGU+0.0100%1h$207K$126K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.9M$117.9M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit PENGUUSDT+0.0100%4h$22.8M$24.1M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$7.8M$38.6M50xas long as short
Arcus PENGU-USD+0.0100%1h$19K$25K5xas long as short
MEXC PENGU_USDTlong+0.0100%4h$12.4M$10.3M125x
KuCoin PENGUUSDTM+0.0100%4h$5.0M$6.8M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.7M$8.7M75xas long as short
BingX PENGU-USDC+0.0100%4h—$2.3M—as long as short
Backpack PENGU_USDC_PERP+0.0100%1h$306K$283K10xas long as short
Variational Omni PENGU+0.0100%4h$696K$355K—as long as short
ApeX Omni PENGUUSDT+0.0100%1h$78K$251K50xas long as short
SunX PENGU-USDT+0.0100%4h$3K$1.9M10xas long as short
SoDEX PENGU-USD+0.0100%1h$996$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$98K$198K25xas long as short
Extended PENGU-USD+0.0104%1h$191K$668K10xas long as short
Aevo PENGU-PERP+0.0104%1h$203K$17K3xas long as short
Kraken Futures PF_PENGUUSD+0.0120%1h$371K$823K50xas long as short
01 Exchange PENGUUSD+0.0184%1h$170$285xas long as short
Reya PENGURUSDPERP+0.0235%1h$298—10xas long as short
BloFin PENGU-USDT+0.0340%4h$1.5M$1.5M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0492% / S −0.0663%1h$109K—100xas long as short
Hyperliquid PENGU+0.0970%1h$10.7M$8.3M5xas long as short
Coinbase International PENGU-PERP-INTXshort+0.2912%1h$95K$137K50x
Injective PENGU/USDC PERP+0.5000%1h$3K$91K5.5xas long as short