PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Pacifica against Aevo+0.264%7-day average +0.050% · you sell dearer than you buy

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

Long on Aevo Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.264%, 7d avg +0.050%

Together, before fees−0.206%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.214% dearer against Aevo than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PENGU-PERP	0.009080	0.0104	pay 0.0013% / 1h	55m 47s	$210K	—	3x
Short	Pacifica PENGU	0.009104	0.0100	get 0.0013% / 1h	55m 47s	$138K	$270K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PacificabpOrdersPrice spread, now +0.264%Rate

Funding earned: −$0.84
Price spread: +0.264% → +0.050%: $21.43
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.41
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 43 min ago; Pacifica: live order book, 42 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 Aevo live order book, 43 min ago	27.37 bp	64.8 bp −$65	318.2 bp −$3,182	doesn't fit	doesn't fit
Sell Pacifica live order book, 42 min ago	3.28 bp	19.9 bp −$20	doesn't fit	doesn't fit	doesn't fit

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
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	0.009087	+0.077%	$1K	$29K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009079	−0.010%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.205%	$3K	$117K	5.5x	as long as short
dYdX PENGU-USD	+0.0069%	1h	0.009108	+0.310%	$12K	$6K	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009089	+0.099%	$328K	$747K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009085	+0.061%	$645K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009050	−0.330%	$9.2M	$16.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009057	−0.257%	$142K	$737K	20x	as long as short
Pacifica PENGUshort	+0.0100%	1h	0.009104	+0.264%	$138K	$270K	5x
Binance PENGUUSDT	+0.0100%	4h	0.009048	−0.356%	$39.8M	$195.8M	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	0.009037	−0.474%	$24.3M	$46.4M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009039	−0.452%	$8.1M	$57.4M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009100	+0.220%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009036	−0.485%	$3.7M	$17.4M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009044	−0.396%	$11.3M	$12.8M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009045	−0.385%	$5.1M	$10.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009047	−0.363%	$8.8M	$15.0M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009042	−0.419%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009069	−0.121%	$311K	$388K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009070	−0.110%	$936K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009085	+0.060%	$477K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009067	−0.143%	$80K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009089	+0.099%	$23K	$314K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009299	+2.412%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009083	+0.033%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009112	+0.352%	$94K	$414K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009035	−0.500%	$186K	$743K	10x	as long as short
Aevo PENGU-PERPlong	+0.0104%	1h	0.009080	long leg	$210K	—	3x
Reya PENGURUSDPERP	+0.0241%	1h	0.009080	+0.003%	$307	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009117	+0.407%	$1.7M	$5.1M	75x	as long as short
Kraken Futures PF_PENGUUSD	+0.0380%	1h	0.009089	+0.103%	$352K	$2.6M	50x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0432% / S −0.0351%	1h	0.009078	−0.022%	$104K	—	100x	as long as short
01 Exchange PENGUUSD	+0.0464%	1h	0.009106	+0.286%	$208	$41	5x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2088%	1h	0.009233	+1.685%	$81K	$74K	50x	as long as short