PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Extended−0.161%52s7-day average +0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.499% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.367%+$37 · spread now −0.161%, 7d avg +0.089%

Together, before fees+0.375%+ Points / potential airdropExtended: Active · farm board+$38 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: ApeX Omni is 0.251% cheaper against Extended than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.089%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PENGU-USD	0.008802	0.0104	pay 0.0013% / 1h	14m 21s	$181K	$682K	10x
Short	ApeX Omni PENGUUSDT	0.008788	0.0100	get 0.0013% / 1h	14m 21s	$80K	$253K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now −0.161%Rate

Funding earned: −$0.84
Price spread: −0.161% → +0.089%: −$25.06
Slippage, 4 orders: −$34.94
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$75.84
Costs to cover: 0.499%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 2 min ago.

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 Extended live order book, 4 min ago	1.71 bp	10.9 bp −$11	64.6 bp −$646	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	6.25 bp	13.9 bp −$14	114.6 bp −$1,146	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
Kraken Futures PF_PENGUUSD	−0.0605%	1h	0.008813	+0.123%	$369K	$2.2M	50x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0318%	1h	0.008801	−0.014%	$19K	$9K	10x	as long as short
Gate PENGU_USDT	−0.0292%	4h	0.008799	−0.036%	$3.4M	$15.6M	75x	as long as short
Bybit PENGUUSDT	−0.0174%	4h	0.008796	−0.070%	$22.9M	$36.5M	75x	as long as short
01 Exchange PENGUUSD	−0.0096%	1h	0.008801	−0.014%	$201	$59	5x	as long as short
Variational Omni PENGU	−0.0046%	4h	0.008785	−0.191%	$802K	$802K	—	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008806	+0.043%	$34K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−0.150%	$3K	$117K	5.5x	as long as short
Nado PENGU-PERP	+0.0079%	1h	0.008806	+0.043%	$686K	$760K	5x	as long as short
Lighter PENGU	+0.0096%	1h	0.008809	+0.077%	$309K	$736K	8x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PENGU	+0.0100%	1h	0.008807	+0.055%	$8.7M	$15.0M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008812	+0.112%	$190K	$467K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008809	+0.077%	$152K	$239K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008802	−0.004%	$36.6M	$153.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008797	−0.059%	$7.7M	$47.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008810	+0.089%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008803	+0.009%	$12.7M	$12.8M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008809	+0.077%	$4.8M	$8.9M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008805	+0.032%	$8.4M	$12.6M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.008800	−0.025%	—	$3.9M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.008805	+0.032%	$314K	$309K	10x	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008784	−0.207%	$459K	$2.3M	10x	as long as short
ApeX Omni PENGUUSDTshort	+0.0100%	1h	0.008788	−0.161%	$80K	$253K	50x
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008801	−0.014%	$23K	$186K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009012	+2.384%	$2K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008798	−0.048%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008814	+0.134%	$92K	$249K	25x	as long as short
Extended PENGU-USDlong	+0.0104%	1h	0.008802	long leg	$181K	$682K	10x
Aevo PENGU-PERP	+0.0104%	1h	0.008795	−0.082%	$203K	$17K	3x	as long as short
dYdX PENGU-USD	+0.0122%	1h	0.008807	+0.051%	$12K	$4K	5x	as long as short
Reya PENGURUSDPERP	+0.0237%	1h	0.008801	−0.014%	$297	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008805	+0.032%	$1.5M	$2.8M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0511% / S −0.0711%	1h	0.008805	+0.032%	$115K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2504%	1h	0.008945	+1.622%	$95K	$105K	50x	as long as short