PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%

Price spread now: Aevo against 01 Exchange−0.294%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Aevo

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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.294% cheaper against 01 Exchange than usual: you would sell low and buy high (−$29 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	01 Exchange PENGUUSD	0.008830	0.0136	pay 0.0017% / 1h	48m 40s	$202	$141	5x
Short	Aevo PENGU-PERP	0.008804	0.0104	get 0.0013% / 1h	48m 40s	$203K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against 01 Exchange. 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 01 ExchangebpFee AevobpOrdersPrice spread, now −0.294%Rate

Funding earned: −$6.72
Price spread: −0.294% → 0.000%: −$29.45
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$59.17
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Aevo: live order book, 58 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Aevo live order book, 58 min ago	16.58 bp	40.3 bp −$40	249.2 bp −$2,492	doesn't fit	doesn't fit

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 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	0.008850	+0.224%	$19K	$21K	5x	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.008800	−0.340%	$1K	$27K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008797	−0.379%	$32K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.464%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008855	+0.283%	$313K	$722K	8x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008846	+0.181%	$8.4M	$17.5M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008853	+0.257%	$110K	$834K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008851	+0.238%	$132K	$221K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008855	+0.283%	$37.9M	$198.2M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008849	+0.215%	$23.8M	$48.0M	75x	as long as short

Show all 34 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008852	+0.249%	$8.3M	$56.1M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008840	+0.113%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.008833	+0.034%	$3.6M	$18.3M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008851	+0.238%	$12.0M	$12.8M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008853	+0.260%	$5.3M	$10.7M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008851	+0.238%	$8.5M	$14.0M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008849	+0.215%	—	$3.6M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008820	−0.113%	$297K	$395K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008834	+0.047%	$875K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008839	+0.102%	$462K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008837	+0.079%	$80K	$247K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008800	−0.334%	$590K	$1.1M	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008801	−0.328%	$23K	$357K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009018	+2.129%	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008825	−0.057%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008844	+0.159%	$91K	$372K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008832	+0.017%	$178K	$741K	10x	as long as short
Aevo PENGU-PERPshort	+0.0104%	1h	0.008804	−0.294%	$203K	—	3x
01 Exchange PENGUUSDlong	+0.0136%	1h	0.008830	long leg	$202	$141	5x
Reya PENGURUSDPERP	+0.0242%	1h	0.008821	−0.098%	$298	—	10x	as long as short
Kraken Futures PF_PENGUUSD	+0.0261%	1h	0.008813	−0.190%	$334K	$2.7M	50x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008804	−0.294%	$1.6M	$5.5M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0429% / S −0.0359%	1h	0.008804	−0.294%	$102K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1760%	1h	0.008785	−0.510%	$80K	$86K	50x	as long as short