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

PENGU

all PENGU markets
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Funding spread now, next payment 16:00 UTC−0.0135%/8h
next payment, per $10,000$0.17paid, last 24h−0.033%paid, last 3 days−0.070%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PENGURUSDPERP0.0087090.0235pay 0.0029% / 1h9m 04s$29410x
ShortHyperliquid PENGU0.0087170.0100get 0.0013% / 1h9m 04s$8.4M$6.7M5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$28.36
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$43.36
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.089%
Avg gap 7d
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 Reya no order-book sample
Sell Hyperliquid live order book, 5 min ago1.15 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENGU on 33 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit PENGU_USDC-PERPETUAL−0.0094%1h$22K$4K10xas long as short
Backpack PENGU_USDC_PERP−0.0086%1h$305K$282K10xas long as short
01 Exchange PENGUUSD−0.0080%1h$168$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$33K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h$3K$116K5.5xas long as short
Gate PENGU_USDT+0.0094%4h$3.8M$10.2M75xas long as short
Lighter PENGU+0.0096%1h$305K$452K8xas long as short
Orderly PERP_PENGU_USDC+0.0098%4h$21K$179K20xas long as short
Nado PENGU-PERP+0.0100%1h$601K$563K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid PENGUshort+0.0100%1h$8.4M$6.7M5x
Aster PENGUUSDT+0.0100%4h$170K$326K20xas long as short
Pacifica PENGU+0.0100%1h$204K$126K5xas long as short
Binance PENGUUSDT+0.0100%4h$37.4M$112.5M75xas long as short
Bybit PENGUUSDT+0.0100%4h$21.9M$22.7M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h$7.7M$36.8M50xas long as short
Arcus PENGU-USD+0.0100%1h$4K$9K5xas long as short
MEXC PENGU_USDT+0.0100%4h$13.8M$10.0M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h$5.0M$6.7M75xas long as short
Bitget PENGUUSDT+0.0100%4h$8.7M$8.3M75xas long as short
BingX PENGU-USDC+0.0100%4h$2.3Mas long as short
Variational Omni PENGU+0.0100%4h$685K$341Kas long as short
ApeX Omni PENGUUSDT+0.0100%1h$75K$251K50xas long as short
SunX PENGU-USDT+0.0100%4h$3K$1.9M10xas long as short
SoDEX PENGU-USD+0.0100%1h$982$14K5xas long as short
HTX PENGU-USDT+0.0100%4h$97K$182K25xas 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 PENGURUSDPERPlong+0.0235%1h$29410x
BloFin PENGU-USDT+0.0340%4h$1.5M$939K75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0402% / S −0.0384%1h$89K100xas long as short
Kraken Futures PF_PENGUUSD+0.0521%1h$368K$817K50xas long as short
Coinbase International PENGU-PERP-INTX+0.2520%1h$93K$135K50xas long as short