Funding you earn now, next payment 05:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.317%
Price spread now: dYdX against Pacifica+0.014%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.009044 | 0.0100 | pay 0.0013% / 1h | 50m 16s | $159K | $243K | 5x |
| Short | dYdX PENGU-USD | 0.009045 | 0.0036 | get 0.0004% / 1h | 50m 16s | $12K | $5K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.49
- Price spread: +0.014% → 0.000%
- $1.36
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$30.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 3 min ago | 2.76 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | 0.0000% | 1h | 0.009033 | −0.122% | $19K | $10K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.009031 | −0.149% | $33K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | −2.820% | $3K | $117K | 5.5x | as long as short |
| dYdX PENGU-USDshort | +0.0036% | 1h | 0.009045 | +0.014% | $12K | $5K | 5x | |
| 01 Exchange PENGUUSD | +0.0080% | 1h | 0.009036 | −0.088% | $207 | $64 | 5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.009053 | +0.100% | $335K | $736K | 8x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.009039 | −0.055% | $8.5M | $14.8M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.009043 | −0.014% | $130K | $600K | 20x | as long as short |
| Pacifica PENGUlong | +0.0100% | 1h | 0.009044 | long leg | $159K | $243K | 5x | |
| Binance PENGUUSDT | +0.0100% | 4h | 0.009032 | −0.131% | $38.8M | $169.0M | 75x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | +0.0100% | 4h | 0.009024 | −0.221% | $24.0M | $40.4M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | 0.009028 | −0.177% | $7.8M | $49.8M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.009040 | −0.044% | $19K | $24K | 5x | as long as short |
| Gate PENGU_USDT | +0.0100% | 4h | 0.009031 | −0.144% | $3.4M | $16.0M | 75x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.009035 | −0.100% | $11.1M | $12.4M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.009033 | −0.122% | $4.9M | $9.3M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.009035 | −0.100% | $8.8M | $12.8M | 75x | as long as short |
| BingX PENGU-USDT | +0.0100% | 4h | 0.009030 | −0.155% | — | $3.5M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.009059 | +0.166% | $303K | $329K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.009060 | +0.176% | $945K | $1.0M | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.009065 | +0.232% | $476K | $2.1M | 10x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.009031 | −0.138% | $607K | $1.0M | 5x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0100% | 4h | 0.009032 | −0.133% | $24K | $83K | 20x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.009248 | +2.256% | $3K | $2.1M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.009034 | −0.111% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.009051 | +0.077% | $94K | $378K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.009025 | −0.210% | $187K | $944K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.009028 | −0.177% | $209K | — | 3x | as long as short |
| Reya PENGURUSDPERP | +0.0239% | 1h | 0.009030 | −0.158% | $305 | — | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.009071 | +0.299% | $1.5M | $4.1M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0515% / S −0.0477% | 1h | 0.009030 | −0.155% | $127K | — | 100x | as long as short |
| ApeX Omni PENGUUSDT | +0.0577% | 1h | 0.009083 | +0.431% | $92K | $247K | 50x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0605% | 1h | 0.009042 | −0.021% | $352K | $2.4M | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2704% | 1h | 0.008976 | −0.752% | $96K | $61K | 50x | as long as short |
Pacifica PENGU
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
01 Exchange PENGUUSD
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
Gate PENGU_USDT
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
ApeX Omni PENGUUSDT
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTX