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

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: 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: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PENGU0.0090440.0100pay 0.0013% / 1h50m 16s$159K$243K5x
ShortdYdX PENGU-USD0.0090450.0036get 0.0004% / 1h50m 16s$12K$5K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 3 min ago2.76 bp19.0 bp −$19doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PENGU_USDC-PERPETUAL0.0000%1h0.009033−0.122%$19K$10K10xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.009031−0.149%$33K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789−2.820%$3K$117K5.5xas long as short
dYdX PENGU-USDshort+0.0036%1h0.009045+0.014%$12K$5K5x
01 Exchange PENGUUSD+0.0080%1h0.009036−0.088%$207$645xas long as short
Lighter PENGU+0.0096%1h0.009053+0.100%$335K$736K8xas long as short
Hyperliquid PENGU+0.0100%1h0.009039−0.055%$8.5M$14.8M5xas long as short
Aster PENGUUSDT+0.0100%4h0.009043−0.014%$130K$600K20xas long as short
Pacifica PENGUlong+0.0100%1h0.009044long leg$159K$243K5x
Binance PENGUUSDT+0.0100%4h0.009032−0.131%$38.8M$169.0M75xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PENGUUSDT+0.0100%4h0.009024−0.221%$24.0M$40.4M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.009028−0.177%$7.8M$49.8M50xas long as short
Arcus PENGU-USD+0.0100%1h0.009040−0.044%$19K$24K5xas long as short
Gate PENGU_USDT+0.0100%4h0.009031−0.144%$3.4M$16.0M75xas long as short
MEXC PENGU_USDT+0.0100%4h0.009035−0.100%$11.1M$12.4M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.009033−0.122%$4.9M$9.3M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.009035−0.100%$8.8M$12.8M75xas long as short
BingX PENGU-USDT+0.0100%4h0.009030−0.155%$3.5Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.009059+0.166%$303K$329K10xas long as short
Variational Omni PENGU+0.0100%4h0.009060+0.176%$945K$1.0Mas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.009065+0.232%$476K$2.1M10xas long as short
Nado PENGU-PERP+0.0100%1h0.009031−0.138%$607K$1.0M5xas long as short
Orderly PERP_PENGU_USDC+0.0100%4h0.009032−0.133%$24K$83K20xas long as short
SunX PENGU-USDT+0.0100%4h0.009248+2.256%$3K$2.1M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.009034−0.111%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.009051+0.077%$94K$378K25xas long as short
Extended PENGU-USD+0.0104%1h0.009025−0.210%$187K$944K10xas long as short
Aevo PENGU-PERP+0.0104%1h0.009028−0.177%$209K3xas long as short
Reya PENGURUSDPERP+0.0239%1h0.009030−0.158%$30510xas long as short
BloFin PENGU-USDT+0.0340%4h0.009071+0.299%$1.5M$4.1M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0515% / S −0.0477%1h0.009030−0.155%$127K100xas long as short
ApeX Omni PENGUUSDT+0.0577%1h0.009083+0.431%$92K$247K50xas long as short
Kraken Futures PF_PENGUUSD+0.0605%1h0.009042−0.021%$352K$2.4M50xas long as short
Coinbase International PENGU-PERP-INTX+0.2704%1h0.008976−0.752%$96K$61K50xas long as short