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

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.039%
Price spread now: Reya against Extended−0.005%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 3 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 · Reya: Active · farm boardneeds 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: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PENGU-USD0.0088200.0104pay 0.0013% / 1h17m 18s$184K$941K10x
ShortReya PENGURUSDPERP0.0088200.0239get 0.0030% / 1h17m 18s$29810x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$28.36
Price spread: −0.005% → 0.000%
−$0.5
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$16.86
Costs to cover
0.110%
Break-even
2.8 days
Slippage unknown: Extended: live order book, 41 min ago; Reya: 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, 41 min ago0.57 bp9.8 bp −$10107.8 bp −$1,078doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Deribit PENGU_USDC-PERPETUAL0.0000%1h0.008824+0.044%$18K$10K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.008823+0.030%$32K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789−0.353%$3K$117K5.5xas long as short
Gate PENGU_USDT+0.0082%4h0.008816−0.047%$3.3M$15.7M75xas long as short
Lighter PENGU+0.0096%1h0.008819−0.013%$314K$719K8xas long as short
Orderly PERP_PENGU_USDC+0.0099%4h0.008821+0.010%$23K$109K20xas long as short
Hyperliquid PENGU+0.0100%1h0.008829+0.100%$8.2M$14.7M5xas long as short
Aster PENGUUSDT+0.0100%4h0.008820−0.006%$118K$589K20xas long as short
Pacifica PENGU+0.0100%1h0.008815−0.059%$155K$241K5xas long as short
Binance PENGUUSDT+0.0100%4h0.008826+0.062%$36.9M$163.2M75xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PENGUUSDT+0.0100%4h0.008819−0.013%$23.4M$39.5M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.008819−0.013%$7.4M$47.5M50xas long as short
Arcus PENGU-USD+0.0100%1h0.008830+0.112%$19K$24K5xas long as short
MEXC PENGU_USDT+0.0100%4h0.008823+0.032%$10.9M$12.4M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.008818−0.025%$4.9M$9.2M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.008824+0.044%$8.3M$12.3M75xas long as short
BingX PENGU-USDC+0.0100%4h0.008809−0.127%$2.3Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008793−0.308%$292K$314K10xas long as short
Variational Omni PENGU+0.0100%4h0.008803−0.196%$914K$1.0Mas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008795−0.280%$459K$2.1M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.008808−0.138%$80K$242K50xas long as short
Nado PENGU-PERP+0.0100%1h0.008824+0.044%$592K$1.0M5xas long as short
SunX PENGU-USDT+0.0100%4h0.009034+2.424%$2K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008823+0.032%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.008796−0.274%$92K$372K25xas long as short
Extended PENGU-USDlong+0.0104%1h0.008820long leg$184K$941K10x
01 Exchange PENGUUSD+0.0104%1h0.008828+0.089%$202$645xas long as short
Aevo PENGU-PERP+0.0104%1h0.008816−0.047%$204K3xas long as short
Reya PENGURUSDPERPshort+0.0239%1h0.008820−0.005%$29810x
BloFin PENGU-USDT+0.0340%4h0.008808−0.138%$1.5M$3.7M75xas long as short
Kraken Futures PF_PENGUUSD+0.0363%1h0.008830+0.106%$345K$2.3M50xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0499% / S −0.0492%1h0.008824+0.044%$119K100xas long as short
dYdX PENGU-USD+0.0508%1h0.008808−0.133%$12K$5K5xas long as short
Coinbase International PENGU-PERP-INTX+0.2928%1h0.008950+1.472%$96K$62K50xas long as short