PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1562%/8h= +171.0% APRnext payment +$1.95 per $10,000 · paid last 24h +0.273%

Price spread now: dYdX against 01 Exchange−0.260%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 dYdX

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

Funding pays, the price is against you. dYdX is 0.260% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.260% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 13 hours of funding at the current rate (+$47 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PENGUUSD	0.009074	0.0352	pay 0.0044% / 1h	25m 09s	$208	$41	5x
Short	dYdX PENGU-USD	0.009050	0.1914	get 0.0239% / 1h	25m 09s	$21K	$18K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.260%Rate

Funding earned: $327.92
Price spread: −0.260% → 0.000%: −$26.04
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: $284.87
Costs to cover: 0.170%
Break-even: 0.9 days

Slippage unknown: 01 Exchange: no order-book sample; dYdX: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

01 Exchange and dYdX: 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
Gate PENGU_USDT	−0.0370%	4h	0.009056	−0.198%	$3.7M	$18.0M	75x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009053	−0.234%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.141%	$3K	$117K	5.5x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0081%	1h	0.009060	−0.154%	$1K	$29K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.009065	−0.099%	$326K	$765K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009052	−0.237%	$643K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009059	−0.165%	$9.3M	$16.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009059	−0.160%	$130K	$770K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009052	−0.242%	$138K	$275K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009061	−0.143%	$40.3M	$197.7M	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	0.009047	−0.298%	$24.4M	$47.2M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009054	−0.220%	$8.2M	$58.0M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009060	−0.154%	$18K	$26K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009060	−0.154%	$11.6M	$13.0M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009055	−0.209%	$5.0M	$10.6M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009064	−0.110%	$8.8M	$15.2M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.009047	−0.298%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009057	−0.187%	$314K	$383K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009015	−0.653%	$923K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009056	−0.199%	$474K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009053	−0.231%	$80K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009052	−0.242%	$23K	$332K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009268	+2.138%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009057	−0.187%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009083	+0.099%	$95K	$416K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009054	−0.216%	$189K	$744K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009055	−0.209%	$209K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0241%	1h	0.009049	−0.279%	$306	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009060	−0.154%	$1.6M	$5.3M	75x	as long as short
01 Exchange PENGUUSDlong	+0.0352%	1h	0.009074	long leg	$208	$41	5x
Kraken Futures PF_PENGUUSD	+0.0381%	1h	0.009059	−0.165%	$336K	$2.7M	50x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0431% / S −0.0351%	1h	0.009051	−0.253%	$103K	—	100x	as long as short
dYdX PENGU-USDshort	+0.1914%	1h	0.009050	−0.260%	$21K	$18K	5x
Coinbase International PENGU-PERP-INTX	+0.2088%	1h	0.009211	+1.510%	$81K	$73K	50x	as long as short