PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against SunX−2.280%7-day average −2.616% · you buy dearer than you sell

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

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.485%+$49 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now −2.280%, 7d avg −2.616%

Together, before fees+0.495%+$50 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.335% dearer against SunX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −2.616%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PENGU-USDT	0.009297	0.0100	pay 0.0050% / 4h	1h 54m	$3K	$2.0M	10x
Short	BloFin PENGU-USDT	0.009085	0.0340	get 0.0170% / 4h	1h 54m	$1.6M	$5.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 SunXbpFee BloFinbpOrdersPrice spread, now −2.280%Rate

Funding earned: $50.4
Price spread: −2.280% → −2.616%: $33.52
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $63.92
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: SunX: live order book, 5 min ago; BloFin: live order book, 7 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 SunX live order book, 5 min ago	250.43 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	0.55 bp	6.5 bp −$7	7.9 bp −$79	27.9 bp −$2,789	doesn't fit

PENGU on 34 exchanges

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
dYdX PENGU-USD	0.0000%	1h	0.009075	−2.383%	$20K	$21K	5x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009099	−2.125%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−5.464%	$3K	$117K	5.5x	as long as short
Kraken Futures PF_PENGUUSD	+0.0064%	1h	0.009086	−2.266%	$333K	$2.6M	50x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0080%	1h	0.009082	−2.313%	$1K	$27K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.009085	−2.280%	$325K	$699K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009079	−2.345%	$652K	$1.1M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009080	−2.334%	$135K	$774K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009088	−2.248%	$137K	$225K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009072	−2.416%	$40.0M	$192.3M	75x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PENGUUSDT	+0.0100%	4h	0.009060	−2.549%	$24.6M	$46.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009062	−2.528%	$8.4M	$56.4M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009080	−2.334%	$18K	$26K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009077	−2.366%	$3.7M	$17.9M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009078	−2.356%	$12.3M	$12.3M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009079	−2.345%	$5.1M	$10.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009072	−2.420%	$8.7M	$14.3M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.009067	−2.474%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009078	−2.356%	$304K	$365K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009073	−2.407%	$917K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009099	−2.130%	$480K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009101	−2.108%	$82K	$248K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009080	−2.334%	$23K	$357K	20x	as long as short
SunX PENGU-USDTlong	+0.0100%	4h	0.009297	long leg	$3K	$2.0M	10x
SoDEX PENGU-USD	+0.0100%	1h	0.009080	−2.334%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009090	−2.227%	$93K	$368K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009075	−2.391%	$186K	$740K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009080	−2.334%	$210K	—	3x	as long as short
Hyperliquid PENGU	+0.0152%	1h	0.009093	−2.194%	$9.8M	$17.0M	5x	as long as short
Reya PENGURUSDPERP	+0.0241%	1h	0.009072	−2.421%	$306	—	10x	as long as short
01 Exchange PENGUUSD	+0.0304%	1h	0.009081	−2.323%	$208	$141	5x	as long as short
BloFin PENGU-USDTshort	+0.0340%	4h	0.009085	−2.280%	$1.6M	$5.3M	75x
GMX PENGU/USD [WBTC.b-USDC]	L +0.0433% / S −0.0357%	1h	0.009074	−2.399%	$105K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2136%	1h	0.009222	−0.807%	$84K	$95K	50x	as long as short