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Ethena vs Pudgy Penguins

Crypto vs Crypto up to 10x Funding every 1h 0.07% per side 86 markets

Ethena vs Pudgy Penguins: same trading venue, different risk profiles — the comparison below keeps to the facts.

On this page Returns Risk and funding Side by side Verdict FAQ

EthenaENA-PERP · Canton

Pudgy PenguinsPENGU-PERP · Canton

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Price

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24h

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YTD return ——

30D volatility ——

Max leverage 10x5x

Both legs on Canborsa Sign up›

ENA-PERP vs PENGU-PERP

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Ethena–Pudgy Penguins Price ratio

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90d

Correlation

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PENGU vs ENA

Volatility ratio · 90d

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PENGU

1Y return spread

Returns by window · winner marked

Who returned more, window by window

Window

ENA

PENGU

Spread

1W

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1M

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3M

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1Y

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Performance · indexed overlay

ENA vs PENGU, indexed to 100

ENA·PENGU

Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)

ENAPENGU

30D · ENA

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30D · PENGU

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90D · ENA

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90D · PENGU

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

Correlation · window

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−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

ENA-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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PENGU-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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Head-to-head · spec by spec

Ethena vs Pudgy Penguins — the numbers side by side

Spec

EthenaENA-PERP · Canton

Pudgy PenguinsPENGU-PERP · Canton

VS

Asset class

Crypto

Crypto

Max leverage on Canborsa

10x

5x

Funding interval

1h

1h

Also trades on

19 platforms

15 platforms

Trading fees

 0.07% / side · 0.14% round-trip 

 0.07% / side · 0.14% round-trip 

Funding · APR

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Verdict

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

ENA is live at up to 10x ; 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: Ethena (ENA) market hub ›Pudgy Penguins (PENGU) market hub ›

Frequently asked questions

What are the trading fees for Ethena and Pudgy Penguins on Canborsa?›

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

What are the ticker symbols for Ethena and Pudgy Penguins?›

On Canborsa, Ethena is listed as ENA and Pudgy Penguins as PENGU.

What category is Ethena in versus Pudgy Penguins?›

Canborsa categorizes Ethena as Decentralized Finance (DeFi) and Pudgy Penguins as BNB Chain Ecosystem.

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

Ethena and Pudgy Penguins are both crypto assets on Canborsa.

What's the max leverage on Ethena on Canborsa?›

Of the two, only Ethena is live on Canborsa, with up to 10x leverage.

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Crypto pair · Perpetual · —

Trade ENA and PENGU on Canborsa

More markets · one venue · crypto-native

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0.07% per side

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