PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against SoDEX−0.016%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PENGU-USD	0.008989	0.0100	pay 0.0013% / 1h	56m 52s	$1K	$5K	5x
Short	gTrade (Gains Network) PENGU/USD	0.008988	L +0.0007% / S −0.0003%	get 0.0000% / 1h	56m 52s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.016%Rate

Funding earned: −$20.38
Price spread: −0.016% → 0.000%: −$1.59
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$39.97
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

SoDEX and gTrade (Gains Network): 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
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008990	+0.011%	$1K	$29K	10x	as long as short
gTrade (Gains Network) PENGU/USDshort	L +0.0007% / S −0.0003%	1h	0.008988	−0.016%	$33K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−2.225%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008997	+0.089%	$322K	$769K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008993	+0.044%	$634K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008996	+0.078%	$9.0M	$16.3M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008995	+0.071%	$142K	$716K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008995	+0.067%	$136K	$264K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008990	+0.013%	$39.2M	$190.2M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008981	−0.089%	$24.1M	$44.6M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008985	−0.044%	$7.9M	$54.5M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009000	+0.122%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.008986	−0.033%	$3.6M	$17.4M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008995	+0.067%	$10.8M	$12.9M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008991	+0.022%	$5.0M	$10.2M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008992	+0.033%	$8.6M	$14.0M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008979	−0.111%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008983	−0.067%	$293K	$368K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009035	+0.511%	$921K	$1.1M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009042	+0.595%	$474K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009045	+0.623%	$79K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008988	−0.011%	$23K	$255K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009207	+2.425%	$2K	$2.2M	10x	as long as short
SoDEX PENGU-USDlong	+0.0100%	1h	0.008989	long leg	$1K	$5K	5x
HTX PENGU-USDT	+0.0100%	4h	0.009006	+0.189%	$93K	$404K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008990	+0.016%	$185K	$523K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008985	−0.044%	$208K	—	3x	as long as short
dYdX PENGU-USD	+0.0226%	1h	0.008992	+0.029%	$12K	$6K	5x	as long as short
Reya PENGURUSDPERP	+0.0240%	1h	0.008986	−0.032%	$303	—	10x	as long as short
01 Exchange PENGUUSD	+0.0288%	1h	0.008996	+0.078%	$206	$41	5x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008991	+0.022%	$1.6M	$4.9M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0430% / S −0.0352%	1h	0.008986	−0.033%	$103K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0543%	1h	0.008996	+0.081%	$335K	$2.5M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1928%	1h	0.009135	+1.624%	$80K	$70K	50x	as long as short