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Crypto pair
VS

AVAX vs PENGU: Side-by-Side

Crypto — blockchain vs Crypto up to 20x Funding every 1h 0.07% per side 86 markets

Comparing Avalanche with Pudgy Penguins comes down to volatility, market structure and what each instrument actually tracks.

On this page Returns Risk and funding Side by side Verdict FAQ
AvalancheAVAX-PERP · Canton
Pudgy PenguinsPENGU-PERP · Canton
VS
Price ——
24h ——
YTD return ——
30D volatility ——
Max leverage 20x5x
Both legs on Canborsa Sign up›
AVAX-PERP vs PENGU-PERP
—
Avalanche–Pudgy Penguins Price ratio
—
90d Correlation
—
PENGU vs AVAX Volatility ratio · 90d
—
1Y return spread
Returns by window · winner marked

Who returned more, window by window

Window
AVAX
PENGU
Spread
1W
—
—
—
1M
—
—
—
3M
—
—
—
1Y
—
—
—
Performance · indexed overlay
AVAX vs PENGU, indexed to 100
AVAX·PENGU
Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)
AVAXPENGU
30D · AVAX
—
30D · PENGU
—
90D · AVAX
—
90D · PENGU
—

Wider bar = more volatile. Values load with the live window.

Correlation · window
—
−1−0.50+0.5+1

Daily returns on the measured window. +1 lockstep, 0 unrelated, −1 mirrors. Not a forecast.

Funding · APR on each leg

Funding on each side

AVAX-PERP Live 1h
FUNDING · $1,000 · 30 DAYS—
FUNDING · $1,000 · 1 HOUR—
ROUND-TRIP FEE · $1,000$1.40 0.14%
Funding on $1,000
1 DAY
—
7 DAYS
—
30 DAYS
—
90 DAYS
—
PENGU-PERP Live 1h
FUNDING · $1,000 · 30 DAYS—
FUNDING · $1,000 · 1 HOUR—
ROUND-TRIP FEE · $1,000$1.40 0.14%
Funding on $1,000
1 DAY
—
7 DAYS
—
30 DAYS
—
90 DAYS
—
Head-to-head · spec by spec

Avalanche vs Pudgy Penguins — the numbers side by side

Spec
AVAX AvalancheAVAX-PERP · Canton
PENGU Pudgy PenguinsPENGU-PERP · Canton
VS
Asset class
Crypto — blockchain
Crypto
Max leverage on Canborsa
20x
5x
Funding interval
1h
1h
Also trades on
20 platforms
15 platforms
Trading fees
0.07% / side · 0.14% round-trip
0.07% / side · 0.14% round-trip
Funding · APR
—
—
Verdict

Both legs are crypto perpetuals on Canborsa, settled in USDC.

AVAX is live at up to 20x ; PENGU is live at up to 5x . Trading fees are 0.07% per side ( 0.14% round-trip).

Both legs have their own market pages: Avalanche (AVAX) market hub ›Pudgy Penguins (PENGU) market hub ›

Frequently asked questions

What fees apply when trading Avalanche and Pudgy Penguins?›

Canborsa charges 0.07% per side (0.14% round trip) on every perpetual market, including Avalanche and Pudgy Penguins.

How are Avalanche and Pudgy Penguins listed by ticker on Canborsa?›

On Canborsa, Avalanche is listed as AVAX and Pudgy Penguins as PENGU.

Is Avalanche in the same category as Pudgy Penguins?›

Canborsa categorizes Avalanche as blockchain and Pudgy Penguins as BNB Chain Ecosystem.

Do Avalanche and Pudgy Penguins trade in the same market category?›

Avalanche and Pudgy Penguins sit in the same asset class on Canborsa: crypto assets.

How much leverage is available for Avalanche on Canborsa?›

Avalanche trades on Canborsa with up to 20x leverage; Pudgy Penguins has no live market there.

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Crypto pair · Perpetual · —

Trade AVAX and PENGU on Canborsa

More markets · one venue · crypto-native
— 0.07% per side
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