PENGU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h +0.122%

Price spread now: GMX against 01 Exchange+0.066%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 GMX

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

The price spread pays, funding is against you. GMX is 0.066% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PENGUUSD	0.009112	0.0392	pay 0.0049% / 1h	56m 43s	$208	$64	5x
Short	GMX PENGU/USD [WBTC.b-USDC]	0.009118	L +0.0391% / S −0.0291%	get 0.0036% / 1h	56m 43s	$93K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$21.22
Price spread: +0.066% → 0.000%: $6.58
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$33.64
Costs to cover: 0.190%
Break-even: never at this rate

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

01 Exchange and GMX: 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	0.009119	+0.080%	$34K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	0.008789	−3.545%	$3K	$117K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	0.009107	−0.055%	$334K	$758K	8x	as long as short
Aster PENGUUSDT	+0.0100%	4h	0.009100	−0.136%	$121K	$691K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	0.009096	−0.176%	$139K	$289K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	0.009087	−0.277%	$39.5M	$185.1M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	0.009077	−0.384%	$24.1M	$43.4M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	0.009088	−0.263%	$8.1M	$54.3M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	0.009100	−0.132%	$18K	$26K	5x	as long as short
Gate PENGU_USDT	+0.0100%	4h	0.009090	−0.241%	$3.4M	$16.9M	75x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PENGU_USDT	+0.0100%	4h	0.009088	−0.263%	$11.1M	$12.6M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	0.009104	−0.088%	$5.3M	$9.9M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	0.009093	−0.209%	$8.7M	$13.7M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	0.009096	−0.176%	—	$3.8M	—	as long as short
Variational Omni PENGU	+0.0100%	4h	0.009072	−0.441%	$925K	$1.1M	—	as long as short
GRVT PENGU_USDT_Perp	+0.0100%	4h	0.009084	−0.306%	$481K	$2.1M	10x	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	0.009082	−0.329%	$82K	$250K	50x	as long as short
Nado PENGU-PERP	+0.0100%	1h	0.009115	+0.033%	$641K	$1.1M	5x	as long as short
Orderly PERP_PENGU_USDC	+0.0100%	4h	0.009120	+0.088%	$23K	$195K	20x	as long as short
SunX PENGU-USDT	+0.0100%	4h	0.009334	+2.436%	$3K	$2.2M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	0.009120	+0.088%	$1K	$5K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	0.009114	+0.022%	$94K	$401K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	0.009093	−0.209%	$188K	$841K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	0.009116	+0.044%	$211K	—	3x	as long as short
Backpack PENGU_USDC_PERP	+0.0182%	1h	0.009112	0.000%	$313K	$375K	10x	as long as short
Reya PENGURUSDPERP	+0.0240%	1h	0.009115	+0.035%	$308	—	10x	as long as short
Deribit PENGU_USDC-PERPETUAL	+0.0298%	1h	0.009123	+0.121%	$1K	$29K	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	0.009113	+0.011%	$1.6M	$4.9M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]short	L +0.0391% / S −0.0291%	1h	0.009118	+0.066%	$93K	—	100x
01 Exchange PENGUUSDlong	+0.0392%	1h	0.009112	long leg	$208	$64	5x
dYdX PENGU-USD	+0.0506%	1h	0.009095	−0.185%	$12K	$6K	5x	as long as short
Kraken Futures PF_PENGUUSD	+0.0669%	1h	0.009126	+0.158%	$341K	$2.5M	50x	as long as short
Hyperliquid PENGU	+0.0710%	1h	0.009107	−0.055%	$9.4M	$15.9M	5x	as long as short
Coinbase International PENGU-PERP-INTX	+0.1664%	1h	0.009185	+0.801%	$81K	$69K	50x	as long as short