PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0228%/8h= +25.0% APRnext payment +$0.29 per $10,000 · paid last 24h −0.004%

Price spread now: 01 Exchange against SoDEX−0.142%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.142% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.1 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PENGU-USD	0.009146	0.0100	pay 0.0013% / 1h	35m 50s	$1K	$5K	5x
Short	01 Exchange PENGUUSD	0.009133	0.0328	get 0.0041% / 1h	35m 50s	$209	$41	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against SoDEX. 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 SoDEXbpFee 01 ExchangebpOrdersPrice spread, now −0.142%Rate

Funding earned: $47.88
Price spread: −0.142% → 0.000%: −$14.21
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $18.67
Costs to cover: 0.150%
Break-even: 4.3 days

Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

SoDEX and 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
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.009153	+0.071%	$34K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.903%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009152	+0.066%	$330K	$772K	8x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009131	−0.161%	$643K	$1.1M	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.009152	+0.066%	$9.3M	$16.4M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009139	−0.077%	$144K	$716K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009130	−0.175%	$138K	$265K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009136	−0.109%	$40.1M	$192.6M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009126	−0.219%	$24.5M	$45.1M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009130	−0.175%	$8.1M	$56.4M	50x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PENGU-USD	+0.0100%	1h	0.009130	−0.175%	$18K	$25K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009131	−0.164%	$3.7M	$17.7M	75x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.009135	−0.120%	$10.9M	$13.0M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009133	−0.142%	$5.0M	$10.3M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009138	−0.087%	$8.8M	$14.2M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009132	−0.153%	—	$3.8M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	0.009139	−0.077%	$305K	$376K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009132	−0.156%	$959K	$1.1M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009141	−0.055%	$476K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009152	+0.066%	$80K	$252K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009157	+0.120%	$24K	$272K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009373	+2.482%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USDlong	+0.0100%	1h	0.009146	long leg	$1K	$5K	5x
HTX PENGU-USDT	+0.0100%	4h	0.009158	+0.131%	$95K	$414K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009142	−0.047%	$187K	$742K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009147	+0.011%	$211K	—	3x	as long as short
Reya PENGURUSDPERP	+0.0240%	1h	0.009138	−0.089%	$309	—	10x	as long as short
01 Exchange PENGUUSDshort	+0.0328%	1h	0.009133	−0.142%	$209	$41	5x
BloFin PENGU-USDT	+0.0340%	4h	0.009146	0.000%	$1.6M	$5.0M	75x	as long as short
dYdX PENGU-USD	+0.0362%	1h	0.009132	−0.151%	$12K	$6K	5x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0406%	1h	0.009159	+0.142%	$1K	$29K	10x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0435% / S −0.0352%	1h	0.009150	+0.044%	$105K	—	100x	as long as short
Kraken Futures PF_PENGUUSD	+0.0534%	1h	0.009153	+0.072%	$345K	$2.6M	50x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1928%	1h	0.009196	+0.547%	$81K	$74K	50x	as long as short