PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0123%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.335%

Price spread now: Aevo against dYdX−0.220%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Aevo

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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.220% cheaper against dYdX than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENGU-USD	0.008756	0.0227	pay 0.0028% / 1h	11m 31s	$12K	$4K	5x
Short	Aevo PENGU-PERP	0.008737	0.0104	get 0.0013% / 1h	11m 31s	$202K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now −0.220%Rate

Funding earned: −$25.78
Price spread: −0.220% → 0.000%: −$21.98
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$73.76
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Aevo: live order book, 52 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 dYdX no order-book sample	—	—	—	—	—
Sell Aevo live order book, 52 min ago	11.36 bp	21.9 bp −$22	197.5 bp −$1,975	doesn't fit	doesn't fit

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
Deribit PENGU_USDC-PERPETUAL	−0.0093%	1h	0.008743	−0.151%	$18K	$10K	10x	as long as short
01 Exchange PENGUUSD	−0.0032%	1h	0.008774	+0.203%	$201	$64	5x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008745	−0.132%	$32K	—	150x	as long as short
Gate PENGU_USDT	+0.0016%	4h	0.008763	+0.077%	$3.3M	$15.7M	75x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	+0.374%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008762	+0.066%	$312K	$712K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0099%	4h	0.008745	−0.128%	$23K	$164K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.008748	−0.094%	$586K	$1.0M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008753	−0.037%	$8.2M	$14.7M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008755	−0.013%	$121K	$579K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PENGU	+0.0100%	1h	0.008760	+0.043%	$154K	$243K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008770	+0.157%	$36.6M	$160.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.008766	+0.111%	$23.1M	$39.0M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008766	+0.111%	$7.3M	$46.7M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008770	+0.157%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008762	+0.066%	$11.3M	$12.4M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008756	−0.003%	$4.8M	$9.1M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008767	+0.123%	$8.3M	$12.4M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008749	−0.083%	—	$2.3M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008739	−0.197%	$298K	$293K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008785	+0.326%	$873K	$985K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008744	−0.136%	$466K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008758	+0.020%	$80K	$243K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008957	+2.293%	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008742	−0.163%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008760	+0.043%	$91K	$354K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008757	+0.012%	$184K	$945K	10x	as long as short
Aevo PENGU-PERPshort	+0.0104%	1h	0.008737	−0.220%	$202K	—	3x
dYdX PENGU-USDlong	+0.0227%	1h	0.008756	long leg	$12K	$4K	5x
Reya PENGURUSDPERP	+0.0239%	1h	0.008742	−0.167%	$295	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008750	−0.071%	$1.5M	$3.5M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0554% / S −0.0662%	1h	0.008746	−0.117%	$131K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0650%	1h	0.008752	−0.047%	$351K	$2.3M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2296%	1h	0.008967	+2.407%	$95K	$90K	50x	as long as short