PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against SoDEX−0.173%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.173% cheaper against SoDEX than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PENGU-USD	0.009145	0.0100	pay 0.0013% / 1h	40m 44s	$1K	$5K	5x
Short	Extended PENGU-USD	0.009129	0.0104	get 0.0013% / 1h	40m 44s	$191K	$744K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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 SoDEXbpFee ExtendedbpOrdersPrice spread, now −0.173%Rate

Funding earned: $0.84
Price spread: −0.173% → 0.000%: −$17.31
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.47
Costs to cover: 0.130%
Break-even: 252.6 days

Slippage unknown: SoDEX: no order-book sample; Extended: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Extended live order book, 57 min ago	0.55 bp	9.2 bp −$9	94.2 bp −$942	doesn't fit	doesn't fit

SoDEX: 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 34 venues

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
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009133	−0.127%	$34K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.893%	$3K	$117K	5.5x	as long as short
Gate PENGU_USDT	+0.0056%	4h	0.009130	−0.164%	$3.7M	$17.8M	75x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0078%	1h	0.009151	+0.066%	$1K	$29K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.009140	−0.055%	$331K	$750K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009154	+0.096%	$651K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009137	−0.087%	$9.3M	$16.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009130	−0.169%	$132K	$752K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009129	−0.175%	$138K	$274K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009129	−0.174%	$40.3M	$196.5M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PENGUUSDT	+0.0100%	4h	0.009122	−0.252%	$24.7M	$46.8M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009126	−0.208%	$8.3M	$58.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009160	+0.164%	$19K	$26K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009136	−0.098%	$11.7M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009138	−0.077%	$5.1M	$10.6M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009142	−0.033%	$8.9M	$15.1M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.009139	−0.066%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009135	−0.109%	$314K	$388K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009139	−0.066%	$944K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009127	−0.200%	$483K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009145	0.000%	$80K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009149	+0.044%	$24K	$324K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009376	+2.526%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USDlong	+0.0100%	1h	0.009145	long leg	$1K	$5K	5x
HTX PENGU-USDT	+0.0100%	4h	0.009174	+0.317%	$95K	$414K	25x	as long as short
Extended PENGU-USDshort	+0.0104%	1h	0.009129	−0.173%	$191K	$744K	10x
Aevo PENGU-PERP	+0.0104%	1h	0.009140	−0.055%	$211K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0241%	1h	0.009151	+0.068%	$309	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009164	+0.208%	$1.6M	$5.3M	75x	as long as short
Kraken Futures PF_PENGUUSD	+0.0377%	1h	0.009150	+0.053%	$352K	$2.7M	50x	as long as short
01 Exchange PENGUUSD	+0.0384%	1h	0.009165	+0.219%	$210	$41	5x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0432% / S −0.0351%	1h	0.009153	+0.087%	$104K	—	100x	as long as short
dYdX PENGU-USD	+0.1666%	1h	0.009132	−0.142%	$12K	$6K	5x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2088%	1h	0.009211	+0.722%	$81K	$74K	50x	as long as short