Settings8H · net · $10k
Funding arb · Price arb /

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Pacifica against 01 Exchange+0.244%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.244% dearer against 01 Exchange than usual: you sell high and buy low, +$24 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange PENGUUSD0.0090110.0096pay 0.0012% / 1h53m 48s$206$645x
ShortPacifica PENGU0.0090330.0100get 0.0013% / 1h53m 48s$159K$243K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$0.84
Price spread: +0.244% → 0.000%
$24.41
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$10.25
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: live order book, 64 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Pacifica live order book, 64 min ago4.02 bp20.0 bp −$20doesn't fitdoesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PENGU_USDC-PERPETUAL0.0000%1h0.008998−0.144%$19K$10K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.009002−0.097%$33K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789−2.464%$3K$117K5.5xas long as short
dYdX PENGU-USD+0.0054%1h0.009048+0.415%$12K$5K5xas long as short
Lighter PENGU+0.0096%1h0.009038+0.300%$326K$725K8xas long as short
01 Exchange PENGUUSDlong+0.0096%1h0.009011long leg$206$645x
Nado PENGU-PERP+0.0100%1h0.008998−0.139%$605K$1.0M5xas long as short
Hyperliquid PENGU+0.0100%1h0.009035+0.266%$8.4M$14.7M5xas long as short
Aster PENGUUSDT+0.0100%4h0.009017+0.071%$130K$600K20xas long as short
Pacifica PENGUshort+0.0100%1h0.009033+0.244%$159K$243K5x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PENGUUSDT+0.0100%4h0.009046+0.391%$38.9M$168.0M75xas long as short
Bybit PENGUUSDT+0.0100%4h0.009046+0.388%$24.0M$40.2M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.009054+0.477%$7.7M$49.7M50xas long as short
Arcus PENGU-USD+0.0100%1h0.009010−0.011%$19K$24K5xas long as short
Gate PENGU_USDT+0.0100%4h0.0090110.000%$3.4M$15.9M75xas long as short
MEXC PENGU_USDT+0.0100%4h0.0090110.000%$11.0M$12.4M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.0090110.000%$4.9M$9.3M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.009035+0.266%$8.8M$12.8M75xas long as short
BingX PENGU-USDC+0.0100%4h0.008995−0.178%$2.3Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008992−0.211%$301K$330K10xas long as short
Variational Omni PENGU+0.0100%4h0.008998−0.145%$934K$1.0Mas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008963−0.527%$478K$2.1M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.008966−0.499%$81K$242K50xas long as short
Orderly PERP_PENGU_USDC+0.0100%4h0.008997−0.155%$24K$85K20xas long as short
SunX PENGU-USDT+0.0100%4h0.009218+2.297%$3K$2.1M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008997−0.155%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.009016+0.055%$93K$377K25xas long as short
Extended PENGU-USD+0.0104%1h0.009008−0.028%$186K$943K10xas long as short
Aevo PENGU-PERP+0.0104%1h0.008994−0.189%$208K3xas long as short
Reya PENGURUSDPERP+0.0239%1h0.008999−0.137%$30410xas long as short
BloFin PENGU-USDT+0.0340%4h0.009023+0.133%$1.5M$4.0M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0514% / S −0.0477%1h0.009001−0.111%$127K100xas long as short
Kraken Futures PF_PENGUUSD+0.0607%1h0.009009−0.021%$351K$2.4M50xas long as short
Coinbase International PENGU-PERP-INTX+0.2704%1h0.009069+0.644%$96K$61K50xas long as short