PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.352%

Price spread now: dYdX against 01 Exchange+0.122%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on dYdX

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.122% dearer against 01 Exchange than usual: you sell high and buy low: +$12 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	01 Exchange PENGUUSD	0.008639	−0.0016	get 0.0002% / 1h	4m 18s	$198	$59	5x
Short	dYdX PENGU-USD	0.008650	0.0014	get 0.0002% / 1h	4m 18s	$11K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against 01 Exchange. 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 01 ExchangebpFee dYdXbpOrdersPrice spread, now +0.122%Rate

Funding earned: $6.27
Price spread: +0.122% → 0.000%: $12.23
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: $1.5
Costs to cover: 0.170%
Break-even: 5.3 days

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

01 Exchange and 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
Kraken Futures PF_PENGUUSD	−0.0553%	1h	0.008653	+0.165%	$383K	$2.1M	50x	as long as short
Deribit PENGU_USDC-PERPETUAL	−0.0328%	1h	0.008648	+0.104%	$19K	$9K	10x	as long as short
Gate PENGU_USDT	−0.0296%	4h	0.008641	+0.023%	$3.4M	$15.5M	75x	as long as short
Injective PENGU/USDC PERP	−0.0110%	1h	0.008715	+0.880%	$3K	$81K	5.5x	as long as short
Backpack PENGU_USDC_PERP	−0.0089%	1h	0.008642	+0.035%	$308K	$314K	10x	as long as short
01 Exchange PENGUUSDlong	−0.0016%	1h	0.008639	long leg	$198	$59	5x
Bybit PENGUUSDT	−0.0004%	4h	0.008641	+0.023%	$22.5M	$36.0M	75x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	0.008648	+0.099%	$33K	—	150x	as long as short
dYdX PENGU-USDshort	+0.0014%	1h	0.008650	+0.122%	$11K	$4K	5x
Lighter PENGU	+0.0096%	1h	0.008649	+0.116%	$295K	$725K	8x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PENGU-PERP	+0.0100%	1h	0.008639	+0.006%	$671K	$757K	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	0.008644	+0.058%	$8.6M	$15.1M	5x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.008649	+0.113%	$171K	$448K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.008639	0.000%	$146K	$236K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.008649	+0.116%	$35.8M	$151.2M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.008648	+0.104%	$7.6M	$46.2M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.008640	+0.012%	$19K	$24K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	0.008641	+0.023%	$12.8M	$12.8M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.008645	+0.069%	$4.7M	$8.8M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.008649	+0.116%	$8.2M	$12.5M	75x	as long as short
BingX PENGU-USDC	+0.0100%	4h	0.008632	−0.081%	—	$2.3M	—	as long as short
Variational Omni PENGU	+0.0100%	4h	0.008636	−0.039%	$798K	$726K	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.008663	+0.281%	$453K	$2.4M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.008656	+0.197%	$79K	$253K	50x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.008648	+0.104%	$23K	$186K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.008851	+2.454%	$3K	$2.1M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.008644	+0.058%	$983	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.008660	+0.243%	$90K	$250K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.008644	+0.058%	$178K	$682K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.008645	+0.069%	$200K	$17K	3x	as long as short
Reya PENGURUSDPERP	+0.0237%	1h	0.008639	+0.003%	$292	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.008636	−0.035%	$1.5M	$2.6M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]	L +0.0501% / S −0.0703%	1h	0.008648	+0.104%	$112K	—	100x	as long as short
Coinbase International PENGU-PERP-INTX	+0.2992%	1h	0.008699	+0.695%	$93K	$97K	50x	as long as short