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

PENGU

all PENGU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica+0.260%7-day average −0.061% · 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 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.342%−$34 · spread now +0.260%, 7d avg −0.061%
Together, before fees−0.351%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.321% dearer against Pacifica than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PENGU0.0090890.0100pay 0.0013% / 1h57m 00s$137K$270K5x
ShortExtended PENGU-USD0.0091130.0104get 0.0013% / 1h57m 00s$187K$743K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.260% → −0.061%
$32.15
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$19.99
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 41 min ago; Extended: live order book, 41 min ago. 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, 41 min ago3.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 41 min ago0.55 bp9.2 bp −$994.2 bp −$942doesn't fitdoesn't fit

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
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.009114+0.278%$34K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789−3.301%$3K$117K5.5xas long as short
Deribit PENGU_USDC-PERPETUAL+0.0079%1h0.009122+0.363%$1K$29K10xas long as short
Lighter PENGU+0.0096%1h0.009128+0.429%$329K$747K8xas long as short
Nado PENGU-PERP+0.0100%1h0.009105+0.176%$646K$1.1M5xas long as short
Aster PENGUUSDT+0.0100%4h0.009107+0.203%$143K$737K20xas long as short
Pacifica PENGUlong+0.0100%1h0.009089long leg$137K$270K5x
Binance PENGUUSDT+0.0100%4h0.009117+0.308%$40.1M$195.9M75xas long as short
Bybit PENGUUSDT+0.0100%4h0.009107+0.198%$24.5M$46.4M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.009109+0.220%$8.2M$57.8M50xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus PENGU-USD+0.0100%1h0.009100+0.121%$18K$25K5xas long as short
Gate PENGU_USDT+0.0100%4h0.009116+0.297%$3.7M$17.4M75xas long as short
MEXC PENGU_USDT+0.0100%4h0.009118+0.319%$11.4M$12.8M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.009115+0.286%$5.1M$10.5M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.009121+0.352%$8.8M$14.9M75xas long as short
BingX PENGU-USDC+0.0100%4h0.009105+0.176%$2.3Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.009124+0.385%$313K$388K10xas long as short
Variational Omni PENGU+0.0100%4h0.009072−0.184%$934K$1.2Mas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.009085−0.039%$477K$2.1M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.009067−0.242%$80K$252K50xas long as short
Orderly PERP_PENGU_USDC+0.0100%4h0.009120+0.341%$23K$314K20xas long as short
SunX PENGU-USDT+0.0100%4h0.009327+2.619%$3K$2.2M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.009121+0.352%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.009127+0.418%$94K$414K25xas long as short
dYdX PENGU-USD+0.0104%1h0.009088−0.007%$12K$6K5xas long as short
Extended PENGU-USDshort+0.0104%1h0.009113+0.260%$187K$743K10x
Aevo PENGU-PERP+0.0104%1h0.009116+0.297%$211K3xas long as short
Hyperliquid PENGU+0.0188%1h0.009130+0.451%$9.3M$16.8M5xas long as short
Reya PENGURUSDPERP+0.0241%1h0.009103+0.153%$30710xas long as short
BloFin PENGU-USDT+0.0340%4h0.009117+0.308%$1.7M$5.1M75xas long as short
Kraken Futures PF_PENGUUSD+0.0378%1h0.009128+0.431%$354K$2.6M50xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0432% / S −0.0351%1h0.009116+0.297%$104K100xas long as short
01 Exchange PENGUUSD+0.0448%1h0.009104+0.165%$208$415xas long as short
Coinbase International PENGU-PERP-INTX+0.2088%1h0.009233+1.584%$81K$74K50xas long as short