Funding you earn now, next payment 03:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.004%
Price spread now: 01 Exchange against SoDEX−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and 01 Exchange is 0.069% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008731 | 0.0100 | pay 0.0013% / 1h | 28m 07s | $1K | $5K | 5x |
| Short | 01 Exchange PENGUUSD | 0.008725 | −0.0056 | pay 0.0007% / 1h | 28m 07s | $200 | $64 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$32.76
- Price spread: −0.069% → 0.000%
- −$6.87
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$54.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
SoDEX and 01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange PENGUUSDshort | −0.0056% | 1h | 0.008725 | −0.069% | $200 | $64 | 5x | |
| Gate PENGU_USDT | −0.0018% | 4h | 0.008727 | −0.046% | $3.3M | $15.6M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | 0.0000% | 1h | 0.008731 | 0.000% | $18K | $10K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.008738 | +0.082% | $32K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | +0.664% | $3K | $117K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.008736 | +0.057% | $310K | $709K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0099% | 4h | 0.008733 | +0.023% | $22K | $166K | 20x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.008727 | −0.046% | $585K | $1.0M | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.008729 | −0.023% | $8.1M | $14.7M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.008733 | +0.023% | $121K | $578K | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PENGU | +0.0100% | 1h | 0.008732 | +0.011% | $154K | $243K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | 0.008732 | +0.011% | $36.5M | $160.2M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.008726 | −0.057% | $23.1M | $38.8M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.008728 | −0.034% | $7.5M | $46.2M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.008730 | −0.011% | $19K | $24K | 5x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.008731 | 0.000% | $11.4M | $12.4M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.008735 | +0.046% | $4.8M | $9.1M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.008733 | +0.023% | $8.2M | $12.4M | 75x | as long as short |
| BingX PENGU-USDC | +0.0100% | 4h | 0.008731 | 0.000% | — | $2.3M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.008728 | −0.034% | $299K | $274K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.008753 | +0.249% | $870K | $985K | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.008764 | +0.383% | $457K | $2.1M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.008767 | +0.412% | $80K | $243K | 50x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.008943 | +2.428% | $2K | $2.0M | 10x | as long as short |
| SoDEX PENGU-USDlong | +0.0100% | 1h | 0.008731 | long leg | $1K | $5K | 5x | |
| HTX PENGU-USDT | +0.0100% | 4h | 0.008751 | +0.229% | $90K | $351K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.008727 | −0.051% | $180K | $941K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.008721 | −0.115% | $201K | — | 3x | as long as short |
| dYdX PENGU-USD | +0.0203% | 1h | 0.008728 | −0.031% | $12K | $4K | 5x | as long as short |
| Reya PENGURUSDPERP | +0.0239% | 1h | 0.008733 | +0.021% | $295 | — | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.008735 | +0.046% | $1.5M | $3.3M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0554% / S −0.0662% | 1h | 0.008739 | +0.092% | $131K | — | 100x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0651% | 1h | 0.008737 | +0.072% | $351K | $2.3M | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2296% | 1h | 0.008967 | +2.703% | $95K | $94K | 50x | as long as short |
SoDEX PENGU-USD
01 Exchange PENGUUSD
Gate PENGU_USDT
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
SunX PENGU-USDT
HTX PENGU-USDT
Extended PENGU-USD
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTX