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

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Extended−0.127%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.127% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PENGU-USD0.0091490.0104pay 0.0013% / 1h15m 23s$188K$744K10x
ShortSoDEX PENGU-USD0.0091370.0100get 0.0013% / 1h15m 23s$1K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.84
Price spread: −0.127% → 0.000%
−$12.65
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$26.49
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 22 min ago; SoDEX: 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, 22 min ago0.55 bp9.2 bp −$981.6 bp −$816doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h0.009138−0.116%$1K$29K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.009142−0.074%$34K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789−3.930%$3K$117K5.5xas long as short
Lighter PENGU+0.0096%1h0.009162+0.147%$331K$773K8xas long as short
Aster PENGUUSDT+0.0100%4h0.009146−0.031%$146K$730K20xas long as short
Pacifica PENGU+0.0100%1h0.009156+0.081%$138K$267K5xas long as short
Binance PENGUUSDT+0.0100%4h0.009146−0.031%$40.3M$194.3M75xas long as short
Bybit PENGUUSDT+0.0100%4h0.009137−0.127%$24.6M$45.9M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.009139−0.105%$8.2M$57.2M50xas long as short
Arcus PENGU-USD+0.0100%1h0.009160+0.125%$18K$25K5xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PENGU_USDT+0.0100%4h0.009137−0.127%$3.7M$18.1M75xas long as short
MEXC PENGU_USDT+0.0100%4h0.009144−0.050%$11.3M$13.1M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.009143−0.061%$5.1M$10.4M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.009147−0.017%$9.0M$14.5M75xas long as short
BingX PENGU-USDT+0.0100%4h0.009143−0.061%$3.8Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.009156+0.081%$317K$382K10xas long as short
Variational Omni PENGU+0.0100%4h0.009127−0.235%$918K$1.2Mas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.009149+0.002%$480K$2.1M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.009155+0.070%$80K$252K50xas long as short
Nado PENGU-PERP+0.0100%1h0.009147−0.023%$644K$1.1M5xas long as short
Orderly PERP_PENGU_USDC+0.0100%4h0.009144−0.050%$24K$298K20xas long as short
SunX PENGU-USDT+0.0100%4h0.009353+2.234%$3K$2.2M10xas long as short
SoDEX PENGU-USDshort+0.0100%1h0.009137−0.127%$1K$5K5x
HTX PENGU-USDT+0.0100%4h0.009162+0.147%$95K$414K25xas long as short
Extended PENGU-USDlong+0.0104%1h0.009149long leg$188K$744K10x
Aevo PENGU-PERP+0.0104%1h0.009131−0.192%$211K3xas long as short
Hyperliquid PENGU+0.0212%1h0.009154+0.059%$9.3M$16.6M5xas long as short
Reya PENGURUSDPERP+0.0240%1h0.009137−0.122%$30910xas long as short
01 Exchange PENGUUSD+0.0328%1h0.009155+0.070%$209$415xas long as short
BloFin PENGU-USDT+0.0340%4h0.009131−0.192%$1.6M$5.0M75xas long as short
dYdX PENGU-USD+0.0380%1h0.009158+0.105%$12K$6K5xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0435% / S −0.0352%1h0.009144−0.050%$105K100xas long as short
Kraken Futures PF_PENGUUSD+0.0534%1h0.009143−0.058%$354K$2.6M50xas long as short
Coinbase International PENGU-PERP-INTX+0.1928%1h0.009196+0.518%$81K$74K50xas long as short