PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.041%

Price spread now: ApeX Omni against Deribit+0.617%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on ApeX Omni

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.617% dearer against Deribit than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit PENGU_USDC-PERPETUAL	0.009076	0	get 0.0000% / 1h	32m 52s	$1K	$29K	10x
Short	ApeX Omni PENGUUSDT	0.009132	0.0100	get 0.0013% / 1h	32m 52s	$80K	$252K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.617%Rate

Funding earned: $21
Price spread: +0.617% → 0.000%: $61.7
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $65.7
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Deribit: no order-book sample; ApeX Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 64 min ago	4.91 bp	13.8 bp −$14	103.7 bp −$1,037	doesn't fit	doesn't fit

Deribit: 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	−0.0220%	4h	0.009066	−0.110%	$3.7M	$17.9M	75x	as long as short
Deribit PENGU_USDC-PERPETUALlong	0.0000%	1h	0.009076	long leg	$1K	$29K	10x
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009075	−0.008%	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.162%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009082	+0.066%	$331K	$756K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009059	−0.187%	$644K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009079	+0.033%	$9.3M	$16.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009068	−0.093%	$132K	$762K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009051	−0.275%	$137K	$274K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009067	−0.100%	$40.1M	$197.1M	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	0.009061	−0.165%	$24.4M	$47.0M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009066	−0.110%	$8.2M	$58.1M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009060	−0.176%	$18K	$26K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009069	−0.077%	$11.5M	$13.0M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009071	−0.055%	$5.1M	$10.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009078	+0.022%	$8.8M	$15.1M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009068	−0.088%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009068	−0.088%	$315K	$388K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009099	+0.253%	$940K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009076	0.000%	$473K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTshort	+0.0100%	1h	0.009132	+0.617%	$80K	$252K	50x
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009070	−0.066%	$23K	$327K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009277	+2.215%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009068	−0.088%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009079	+0.033%	$95K	$416K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009069	−0.081%	$189K	$744K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009072	−0.044%	$210K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0241%	1h	0.009065	−0.124%	$306	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009051	−0.275%	$1.6M	$5.2M	75x	as long as short
01 Exchange PENGUUSD	+0.0360%	1h	0.009066	−0.110%	$207	$41	5x	as long as short
Kraken Futures PF_PENGUUSD	+0.0380%	1h	0.009073	−0.038%	$337K	$2.7M	50x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0431% / S −0.0351%	1h	0.009067	−0.099%	$104K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2088%	1h	0.009211	+1.487%	$81K	$73K	50x	as long as short
dYdX PENGU-USD	+0.2418%	1h	0.009051	−0.277%	$21K	$18K	5x	as long as short