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+0.0128%/8h= +14.1% APRnext payment +$0.16 per $10,000 · paid last 24h +0.335%
Price spread now: dYdX against Extended+0.355%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and dYdX is 0.355% dearer against Extended than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PENGU-USD0.0087470.0104pay 0.0013% / 1h9m 52s$185K$942K10x
ShortdYdX PENGU-USD0.0087780.0232get 0.0029% / 1h9m 52s$12K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
$26.97
Price spread: +0.355% → 0.000%
$35.46
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
$47.43
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 53 min ago; dYdX: 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 Extended live order book, 53 min ago1.70 bp10.9 bp −$11100.0 bp −$1,000doesn't fitdoesn't fit
Sell dYdX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange PENGUUSD−0.0032%1h0.008782+0.398%$201$645xas long as short
Deribit PENGU_USDC-PERPETUAL0.0000%1h0.008761+0.157%$18K$10K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.008763+0.184%$32K150xas long as short
Gate PENGU_USDT+0.0008%4h0.008753+0.066%$3.3M$15.7M75xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789+0.478%$3K$117K5.5xas long as short
Lighter PENGU+0.0096%1h0.008764+0.192%$312K$712K8xas long as short
Orderly PERP_PENGU_USDC+0.0099%4h0.008761+0.157%$23K$164K20xas long as short
Nado PENGU-PERP+0.0100%1h0.008768+0.238%$587K$1.0M5xas long as short
Hyperliquid PENGU+0.0100%1h0.008751+0.043%$8.2M$14.6M5xas long as short
Aster PENGUUSDT+0.0100%4h0.008762+0.173%$121K$579K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PENGU+0.0100%1h0.008779+0.363%$154K$243K5xas long as short
Binance PENGUUSDT+0.0100%4h0.008751+0.043%$36.5M$160.7M75xas long as short
Bybit PENGUUSDT+0.0100%4h0.008749+0.020%$23.1M$39.0M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.008749+0.020%$7.3M$46.6M50xas long as short
Arcus PENGU-USD+0.0100%1h0.008780+0.375%$19K$24K5xas long as short
MEXC PENGU_USDT+0.0100%4h0.008755+0.089%$11.3M$12.4M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.008758+0.123%$4.8M$9.1M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.008755+0.089%$8.3M$12.4M75xas long as short
BingX PENGU-USDC+0.0100%4h0.008753+0.066%$2.3Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008758+0.123%$299K$293K10xas long as short
Variational Omni PENGU+0.0100%4h0.008756+0.098%$869K$985Kas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008744−0.033%$466K$2.1M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.008758+0.123%$80K$243K50xas long as short
SunX PENGU-USDT+0.0100%4h0.008992+2.798%$3K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008761+0.157%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.008796+0.558%$92K$352K25xas long as short
Extended PENGU-USDlong+0.0104%1h0.008747long leg$185K$942K10x
Aevo PENGU-PERP+0.0104%1h0.008752+0.055%$202K3xas long as short
dYdX PENGU-USDshort+0.0232%1h0.008778+0.355%$12K$4K5x
Reya PENGURUSDPERP+0.0239%1h0.008763+0.180%$29610xas long as short
BloFin PENGU-USDT+0.0340%4h0.008780+0.375%$1.5M$3.5M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0555% / S −0.0662%1h0.008762+0.169%$132K100xas long as short
Kraken Futures PF_PENGUUSD+0.0649%1h0.008770+0.266%$348K$2.4M50xas long as short
Coinbase International PENGU-PERP-INTX+0.2296%1h0.008967+2.513%$95K$90K50xas long as short