PENGU

Alert

Funding spread now, next payment 17:00 UTC+0.0432%/8h

next payment, per $10,000+$0.54paid, last 24h+0.018%paid, last 3 days+0.142%to open and closeno order book

Long on 01 Exchange Short on Hyperliquid

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PENGUUSD	0.008804	0.0248	pay 0.0031% / 1h	31m 53s	$170	$28	5x
Short	Hyperliquid PENGU	0.008808	0.0680	get 0.0085% / 1h	31m 53s	$9.8M	$9.3M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee HyperliquidbpOrdersRate

Funding earned: $90.7
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $74.7
Break-even: 1.2 days

Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.045%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 2 min ago	1.70 bp	16.9 bp −$17	doesn't fit	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 33 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit PENGU_USDC-PERPETUAL	−0.0204%	1h	$20K	$7K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	$33K	—	150x	as long as short
Gate PENGU_USDT	+0.0010%	4h	$3.9M	$11.6M	75x	as long as short
Lighter PENGU	+0.0096%	1h	$314K	$470K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0097%	4h	$16K	$186K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	$642K	$629K	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	$182K	$338K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	$206K	$129K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	$37.8M	$124.1M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	$23.2M	$25.5M	75x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PENGU-USDT-SWAP	+0.0100%	4h	$7.9M	$39.9M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	$19K	$25K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	$11.8M	$10.7M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	$5.1M	$7.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	$8.7M	$9.3M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	—	$4.1M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	$308K	$306K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	$706K	$368K	—	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	$81K	$252K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	$995	$14K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	$96K	$210K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	$192K	$669K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	$203K	$17K	3x	as long as short
Kraken Futures PF_PENGUUSD	+0.0120%	1h	$368K	$857K	50x	as long as short
Reya PENGURUSDPERP	+0.0235%	1h	$297	—	10x	as long as short
01 Exchange PENGUUSDlong	+0.0248%	1h	$170	$28	5x
BloFin PENGU-USDT	+0.0340%	4h	$1.6M	$1.5M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0497% / S −0.0660%	1h	$111K	—	100x	as long as short
Hyperliquid PENGUshort	+0.0680%	1h	$9.8M	$9.3M	5x
Coinbase International PENGU-PERP-INTX	+0.2912%	1h	$95K	$133K	50x	as long as short
dYdX PENGU-USD	+0.4841%	1h	$12K	$2K	5x	as long as short
Injective PENGU/USDC PERP	+0.5000%	1h	$3K	$91K	5.5x	as long as short