PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h +0.354%

Price spread now: dYdX against Aevo+0.106%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. dYdX is 0.106% dearer against Aevo than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PENGU-PERP	0.008808	0.0104	pay 0.0013% / 1h	32m 07s	$203K	—	3x
Short	dYdX PENGU-USD	0.008817	0.0081	get 0.0010% / 1h	32m 07s	$12K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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 AevobpFee dYdXbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$4.76
Price spread: +0.106% → 0.000%: $10.6
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$20.16
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 42 min ago; 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 Aevo live order book, 42 min ago	28.62 bp	45.5 bp −$46	253.0 bp −$2,530	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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
Kraken Futures PF_PENGUUSD	−0.0392%	1h	0.008827	+0.212%	$368K	$2.3M	50x	as long as short
Variational Omni PENGU	−0.0249%	4h	0.008840	+0.365%	$874K	$931K	—	as long as short
01 Exchange PENGUUSD	−0.0224%	1h	0.008800	−0.091%	$201	$59	5x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0204%	1h	0.008816	+0.091%	$18K	$10K	10x	as long as short
Gate PENGU_USDT	−0.0202%	4h	0.008825	+0.193%	$3.4M	$15.6M	75x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008816	+0.097%	$34K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.216%	$3K	$117K	5.5x	as long as short
dYdX PENGU-USDshort	+0.0081%	1h	0.008817	+0.106%	$12K	$4K	5x
Nado PENGU-PERP	+0.0084%	1h	0.008804	−0.045%	$698K	$769K	5x	as long as short
GRVT PENGU_USDT_Perp	+0.0092%	4h	0.008826	+0.206%	$468K	$2.1M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack PENGU_USDC_PERP	+0.0096%	1h	0.008826	+0.204%	$306K	$323K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.008820	+0.136%	$309K	$727K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008817	+0.102%	$23K	$183K	20x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008825	+0.193%	$8.3M	$15.7M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008811	+0.031%	$189K	$481K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008809	+0.011%	$152K	$239K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008822	+0.159%	$36.9M	$154.9M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008821	+0.148%	$23.2M	$37.3M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008825	+0.193%	$7.6M	$47.5M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008800	−0.091%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008820	+0.136%	$13.0M	$12.8M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008823	+0.170%	$4.7M	$9.0M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008831	+0.261%	$8.4M	$12.7M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008824	+0.182%	—	$3.8M	—	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008827	+0.216%	$80K	$254K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009008	+2.271%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008817	+0.102%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008834	+0.295%	$91K	$296K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008814	+0.070%	$181K	$968K	10x	as long as short
Aevo PENGU-PERPlong	+0.0104%	1h	0.008808	long leg	$203K	—	3x
Reya PENGURUSDPERP	+0.0238%	1h	0.008809	+0.009%	$297	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008812	+0.045%	$1.5M	$2.8M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0516% / S −0.0720%	1h	0.008818	+0.114%	$116K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1648%	1h	0.008863	+0.624%	$94K	$103K	50x	as long as short