PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.091%

Price spread now: ApeX Omni against Injective+3.607%7-day average +0.839% · you sell dearer than you buy

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

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.208%−$21 on $10k

Price spread, last 4 days (all we have)−3.073%−$307 · spread now +3.607%, 7d avg +0.839%

Together, before fees−3.281%−$328 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 2.768% dearer against Injective than usual: you sell high and buy low: +$277 more if the spread goes back to its 7-day average of +0.839%. Mind the row above: over the last 7 days funding on this pair cost −0.208%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PENGU/USDC PERP	0.008789	0.0033	pay 0.0004% / 1h	35m 50s	$3K	$117K	5.5x
Short	ApeX Omni PENGUUSDT	0.009106	0.0100	get 0.0013% / 1h	35m 50s	$80K	$252K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now +3.607%Rate

Funding earned: $14
Price spread: +3.607% → +0.839%: $276.82
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $280.8
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 61 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 61 min ago	4.91 bp	13.8 bp −$14	103.7 bp −$1,037	doesn't fit	doesn't fit

Injective: 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
Gate PENGU_USDT	−0.0178%	4h	0.009093	+3.459%	$3.7M	$17.8M	75x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009110	+3.657%	$34K	—	150x	as long as short
Injective PENGU/USDC PERPlong	+0.0033%	1h	0.008789	long leg	$3K	$117K	5.5x
Deribit PENGU_USDC-PERPETUAL	+0.0079%	1h	0.009121	+3.777%	$1K	$29K	10x	as long as short
Lighter PENGU	+0.0096%	1h	0.009119	+3.755%	$332K	$756K	8x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009106	+3.607%	$9.3M	$16.8M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009104	+3.582%	$132K	$761K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009101	+3.550%	$137K	$274K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009102	+3.562%	$40.3M	$196.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009091	+3.436%	$24.6M	$46.9M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009094	+3.470%	$8.2M	$58.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009110	+3.652%	$18K	$26K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009101	+3.550%	$11.6M	$13.0M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009104	+3.584%	$5.1M	$10.5M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009105	+3.595%	$8.8M	$15.1M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009100	+3.539%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009105	+3.595%	$316K	$388K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009099	+3.527%	$940K	$1.2M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009097	+3.504%	$474K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDTshort	+0.0100%	1h	0.009106	+3.607%	$80K	$252K	50x
Nado PENGU-PERP	+0.0100%	1h	0.009096	+3.496%	$647K	$1.1M	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009113	+3.686%	$23K	$325K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009318	+6.019%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009118	+3.743%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009126	+3.834%	$95K	$414K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009096	+3.488%	$190K	$744K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009114	+3.698%	$211K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0241%	1h	0.009113	+3.683%	$308	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009131	+3.891%	$1.6M	$5.3M	75x	as long as short
01 Exchange PENGUUSD	+0.0368%	1h	0.009112	+3.675%	$208	$41	5x	as long as short
Kraken Futures PF_PENGUUSD	+0.0378%	1h	0.009123	+3.799%	$351K	$2.7M	50x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0432% / S −0.0351%	1h	0.009111	+3.664%	$104K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2088%	1h	0.009211	+4.801%	$81K	$73K	50x	as long as short
dYdX PENGU-USD	+0.2134%	1h	0.009103	+3.577%	$15K	$9K	5x	as long as short