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
Funding, last 4 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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENGU-USD | 0.008786 | 0.0190 | pay 0.0024% / 1h | 55m 01s | $12K | $4K | 5x |
| Short | 01 Exchange PENGUUSD | 0.008785 | 0.0104 | get 0.0013% / 1h | 55m 01s | $201 | $64 | 5x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.1212% | 1h | 0.008733 | −0.606% | $80K | $243K | 50x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.0092% | 1h | 0.008774 | −0.139% | $18K | $10K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.008779 | −0.085% | $32K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | +0.031% | $3K | $117K | 5.5x | as long as short |
| Gate PENGU_USDT | +0.0074% | 4h | 0.008786 | −0.003% | $3.4M | $15.4M | 75x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.008791 | +0.054% | $312K | $707K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0099% | 4h | 0.008773 | −0.151% | $19K | $160K | 20x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.008775 | −0.128% | $591K | $984K | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.008794 | +0.088% | $8.2M | $14.7M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.008783 | −0.034% | $132K | $523K | 20x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PENGU | +0.0100% | 1h | 0.008783 | −0.037% | $154K | $243K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | 0.008789 | +0.031% | $37.3M | $156.4M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.008785 | −0.014% | $23.2M | $38.0M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.008790 | +0.043% | $7.5M | $46.3M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.008780 | −0.071% | $19K | $24K | 5x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.008790 | +0.043% | $11.8M | $12.3M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.008780 | −0.071% | $4.7M | $9.1M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.008793 | +0.077% | $8.3M | $12.3M | 75x | as long as short |
| BingX PENGU-USDT | +0.0100% | 4h | 0.008790 | +0.043% | — | $3.6M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.008786 | −0.003% | $301K | $280K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.008816 | +0.339% | $870K | $985K | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.008748 | −0.440% | $464K | $2.1M | 10x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.008987 | +2.285% | $3K | $2.0M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.008780 | −0.071% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.008800 | +0.157% | $92K | $340K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.008775 | −0.122% | $184K | $941K | 10x | as long as short |
| 01 Exchange PENGUUSDshort | +0.0104% | 1h | 0.008785 | −0.014% | $201 | $64 | 5x | |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.008771 | −0.173% | $203K | — | 3x | as long as short |
| dYdX PENGU-USDlong | +0.0190% | 1h | 0.008786 | long leg | $12K | $4K | 5x | |
| Reya PENGURUSDPERP | +0.0238% | 1h | 0.008772 | −0.162% | $296 | — | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0512% / S −0.0582% | 1h | 0.008777 | −0.105% | $119K | — | 100x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0647% | 1h | 0.008786 | −0.004% | $354K | $2.3M | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2296% | 1h | 0.008967 | +2.057% | $95K | $94K | 50x | as long as short |
01 Exchange PENGUUSD
ApeX Omni PENGUUSDT
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Gate PENGU_USDT
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
GMX PENGU/USD [WBTC.b-USDC]
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTX