PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.1% APRnext payment +$0.40 per $10,000 · paid last 24h +0.024%

Price spread now: 01 Exchange against gTrade (Gains Network)−0.213%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.213% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.213% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 2.2 days of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PENGU/USD	0.009153	L +0.0007% / S −0.0003%	pay 0.0001% / 1h	36m 25s	$34K	—	150x
Short	01 Exchange PENGUUSD	0.009133	0.0328	get 0.0041% / 1h	36m 25s	$209	$41	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee 01 ExchangebpOrdersPrice spread, now −0.213%Rate

Funding earned: $67.4
Price spread: −0.213% → 0.000%: −$21.33
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $29.08
Costs to cover: 0.170%
Break-even: 4.0 days

Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

gTrade (Gains Network) 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 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
gTrade (Gains Network) PENGU/USDlong	L +0.0007% / S −0.0003%	1h	0.009153	long leg	$34K	—	150x
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.972%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009142	−0.115%	$330K	$772K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009131	−0.232%	$643K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009145	−0.082%	$9.3M	$16.4M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009156	+0.038%	$145K	$716K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009130	−0.246%	$138K	$265K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009155	+0.023%	$40.1M	$192.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009148	−0.049%	$24.6M	$45.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009148	−0.049%	$8.1M	$56.5M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PENGU-USD	+0.0100%	1h	0.009130	−0.246%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009147	−0.060%	$3.7M	$17.7M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009140	−0.137%	$10.9M	$13.0M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009141	−0.126%	$5.0M	$10.3M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009138	−0.159%	$8.8M	$14.2M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009153	+0.005%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009150	−0.028%	$296K	$371K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009144	−0.096%	$932K	$1.0M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009141	−0.127%	$476K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009152	−0.006%	$80K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009157	+0.049%	$24K	$272K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009361	+2.278%	$2K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009139	−0.148%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009180	+0.300%	$95K	$414K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009148	−0.050%	$187K	$742K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009147	−0.060%	$211K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0240%	1h	0.009138	−0.160%	$309	—	10x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0297%	1h	0.009143	−0.104%	$1K	$29K	10x	as long as short
01 Exchange PENGUUSDshort	+0.0328%	1h	0.009133	−0.213%	$209	$41	5x
BloFin PENGU-USDT	+0.0340%	4h	0.009146	−0.071%	$1.6M	$5.0M	75x	as long as short
dYdX PENGU-USD	+0.0362%	1h	0.009132	−0.222%	$12K	$6K	5x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0435% / S −0.0352%	1h	0.009150	−0.028%	$105K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0534%	1h	0.009142	−0.117%	$346K	$2.6M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1928%	1h	0.009196	+0.475%	$81K	$74K	50x	as long as short