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

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0086%/8h= −9.4% APRnext payment $0.11 per $10,000 · paid last 24h −0.355%
Price spread now: 01 Exchange against dYdX−0.014%7-day average · you buy dearer than you sell
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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PENGU-USD0.0087860.0190pay 0.0024% / 1h55m 01s$12K$4K5x
Short01 Exchange PENGUUSD0.0087850.0104get 0.0013% / 1h55m 01s$201$645x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
−$17.96
Price spread: −0.014% → 0.000%
−$1.41
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$36.37
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell 01 Exchange no order-book sample
dYdX and 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 33 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
ApeX Omni PENGUUSDT−0.1212%1h0.008733−0.606%$80K$243K50xas long as short
Deribit PENGU_USDC-PERPETUAL−0.0092%1h0.008774−0.139%$18K$10K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.008779−0.085%$32K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789+0.031%$3K$117K5.5xas long as short
Gate PENGU_USDT+0.0074%4h0.008786−0.003%$3.4M$15.4M75xas long as short
Lighter PENGU+0.0096%1h0.008791+0.054%$312K$707K8xas long as short
Orderly PERP_PENGU_USDC+0.0099%4h0.008773−0.151%$19K$160K20xas long as short
Nado PENGU-PERP+0.0100%1h0.008775−0.128%$591K$984K5xas long as short
Hyperliquid PENGU+0.0100%1h0.008794+0.088%$8.2M$14.7M5xas long as short
Aster PENGUUSDT+0.0100%4h0.008783−0.034%$132K$523K20xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PENGU+0.0100%1h0.008783−0.037%$154K$243K5xas long as short
Binance PENGUUSDT+0.0100%4h0.008789+0.031%$37.3M$156.4M75xas long as short
Bybit PENGUUSDT+0.0100%4h0.008785−0.014%$23.2M$38.0M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.008790+0.043%$7.5M$46.3M50xas long as short
Arcus PENGU-USD+0.0100%1h0.008780−0.071%$19K$24K5xas long as short
MEXC PENGU_USDT+0.0100%4h0.008790+0.043%$11.8M$12.3M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.008780−0.071%$4.7M$9.1M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.008793+0.077%$8.3M$12.3M75xas long as short
BingX PENGU-USDT+0.0100%4h0.008790+0.043%$3.6Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008786−0.003%$301K$280K10xas long as short
Variational Omni PENGU+0.0100%4h0.008816+0.339%$870K$985Kas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008748−0.440%$464K$2.1M10xas long as short
SunX PENGU-USDT+0.0100%4h0.008987+2.285%$3K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008780−0.071%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.008800+0.157%$92K$340K25xas long as short
Extended PENGU-USD+0.0104%1h0.008775−0.122%$184K$941K10xas long as short
01 Exchange PENGUUSDshort+0.0104%1h0.008785−0.014%$201$645x
Aevo PENGU-PERP+0.0104%1h0.008771−0.173%$203K3xas long as short
dYdX PENGU-USDlong+0.0190%1h0.008786long leg$12K$4K5x
Reya PENGURUSDPERP+0.0238%1h0.008772−0.162%$29610xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0512% / S −0.0582%1h0.008777−0.105%$119K100xas long as short
Kraken Futures PF_PENGUUSD+0.0647%1h0.008786−0.004%$354K$2.3M50xas long as short
Coinbase International PENGU-PERP-INTX+0.2296%1h0.008967+2.057%$95K$94K50xas long as short