Funding you earn now, next payment 09:00 UTC+0.0252%/8h= +27.6% APRnext payment +$0.31 per $10,000 · paid last 24h −0.001%
Price spread now: 01 Exchange against Pacifica+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and 01 Exchange is 0.022% dearer against Pacifica than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.009192 | 0.0100 | pay 0.0013% / 1h | 3m 13s | $140K | $235K | 5x |
| Short | 01 Exchange PENGUUSD | 0.009194 | 0.0352 | get 0.0044% / 1h | 3m 13s | $210 | $141 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $52.92
- Price spread: +0.022% → 0.000%
- $2.18
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $40.1
- Costs to cover
- 0.150%
- Break-even
- 1.7 days
Slippage unknown: Pacifica: live order book, 30 min ago; 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 Pacifica live order book, 30 min ago | 2.76 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | +0.0002% | 4h | 0.009187 | −0.054% | $3.8M | $18.3M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | 0.009188 | −0.040% | $34K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | 0.008789 | −4.384% | $3K | $117K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | 0.009199 | +0.076% | $329K | $771K | 8x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | 0.009182 | −0.109% | $650K | $1.1M | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | 0.009195 | +0.033% | $9.6M | $16.7M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | 0.009192 | +0.002% | $146K | $785K | 20x | as long as short |
| Pacifica PENGUlong | +0.0100% | 1h | 0.009192 | long leg | $140K | $235K | 5x | |
| Binance PENGUUSDT | +0.0100% | 4h | 0.009193 | +0.006% | $40.8M | $196.8M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | 0.009182 | −0.109% | $24.9M | $47.1M | 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 | 0.009181 | −0.120% | $8.4M | $58.4M | 50x | as long as short |
| Arcus PENGU-USD | +0.0100% | 1h | 0.009190 | −0.022% | $19K | $26K | 5x | as long as short |
| MEXC PENGU_USDT | +0.0100% | 4h | 0.009191 | −0.011% | $12.1M | $13.2M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.0100% | 4h | 0.009192 | 0.000% | $5.1M | $10.7M | 75x | as long as short |
| Bitget PENGUUSDT | +0.0100% | 4h | 0.009206 | +0.152% | $9.0M | $15.1M | 75x | as long as short |
| BingX PENGU-USDC | +0.0100% | 4h | 0.009180 | −0.131% | — | $2.3M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.0100% | 1h | 0.009184 | −0.087% | $303K | $370K | 10x | as long as short |
| Variational Omni PENGU | +0.0100% | 4h | 0.009164 | −0.305% | $947K | $1.2M | — | as long as short |
| GRVT PENGU_USDT_Perp | +0.0100% | 4h | 0.009180 | −0.132% | $480K | $2.1M | 10x | as long as short |
| ApeX Omni PENGUUSDT | +0.0100% | 1h | 0.009178 | −0.152% | $81K | $252K | 50x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0100% | 4h | 0.009189 | −0.033% | $24K | $352K | 20x | as long as short |
| SunX PENGU-USDT | +0.0100% | 4h | 0.009412 | +2.393% | $3K | $2.1M | 10x | as long as short |
| SoDEX PENGU-USD | +0.0100% | 1h | 0.009205 | +0.141% | $1K | $5K | 5x | as long as short |
| HTX PENGU-USDT | +0.0100% | 4h | 0.009216 | +0.261% | $96K | $414K | 25x | as long as short |
| Extended PENGU-USD | +0.0104% | 1h | 0.009186 | −0.064% | $188K | $741K | 10x | as long as short |
| Aevo PENGU-PERP | +0.0104% | 1h | 0.009192 | 0.000% | $212K | — | 3x | as long as short |
| Reya PENGURUSDPERP | +0.0241% | 1h | 0.009186 | −0.069% | $310 | — | 10x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.0294% | 1h | 0.009193 | +0.011% | $1K | $28K | 10x | as long as short |
| BloFin PENGU-USDT | +0.0340% | 4h | 0.009194 | +0.022% | $1.7M | $5.3M | 75x | as long as short |
| 01 Exchange PENGUUSDshort | +0.0352% | 1h | 0.009194 | +0.022% | $210 | $141 | 5x | |
| Kraken Futures PF_PENGUUSD | +0.0375% | 1h | 0.009206 | +0.150% | $347K | $2.7M | 50x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | L +0.0432% / S −0.0351% | 1h | 0.009185 | −0.076% | $105K | — | 100x | as long as short |
| dYdX PENGU-USD | +0.1395% | 1h | 0.009194 | +0.022% | $22K | $18K | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.2088% | 1h | 0.009232 | +0.435% | $79K | $85K | 50x | as long as short |
Pacifica PENGU
01 Exchange PENGUUSD
Gate PENGU_USDT
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
Hyperliquid PENGU
Aster PENGUUSDT
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Backpack PENGU_USDC_PERP
Variational Omni PENGU
GRVT PENGU_USDT_Perp
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Deribit PENGU_USDC-PERPETUAL
BloFin PENGU-USDT
Kraken Futures PF_PENGUUSD
GMX PENGU/USD [WBTC.b-USDC]
Coinbase International PENGU-PERP-INTX