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Lighter vs Pudgy Penguins

Crypto vs Crypto up to 5x Funding every 1h 0.07% per side 86 markets

Lighter and Pudgy Penguins answer different questions in a portfolio; this page puts them side by side.

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

LighterLIT-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 5x5x

Both legs on Canborsa Sign up›

LIT-PERP vs PENGU-PERP

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Lighter–Pudgy Penguins Price ratio

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90d

Correlation

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PENGU vs LIT

Volatility ratio · 90d

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LIT

YTD return spread

Returns by window · winner marked

Who returned more, window by window

Window

LIT

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

LIT vs PENGU, indexed to 100

LIT·PENGU

Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)

LITPENGU

30D · LIT

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30D · PENGU

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90D · LIT

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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

LIT-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

Lighter vs Pudgy Penguins — the numbers side by side

Spec

LighterLIT-PERP · Canton

Pudgy PenguinsPENGU-PERP · Canton

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Asset class

Crypto

Crypto

Max leverage on Canborsa

5x

5x

Funding interval

1h

1h

Also trades on

17 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.

LIT is live at up to 5x ; 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: Lighter (LIT) market hub ›Pudgy Penguins (PENGU) market hub ›

Frequently asked questions

How much does it cost to trade Lighter or Pudgy Penguins on Canborsa?›

Trading Lighter or Pudgy Penguins on Canborsa costs 0.07% per side, or 0.14% for a full round trip.

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

Lighter trades under the ticker LIT and Pudgy Penguins under PENGU.

What sectors do Lighter and Pudgy Penguins belong to?›

Canborsa categorizes Lighter as Decentralized Exchange (DEX) and Pudgy Penguins as BNB Chain Ecosystem.

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

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

Same pillar · asset pairs

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Crypto pair · Perpetual · —

Trade LIT and PENGU on Canborsa

More markets · one venue · crypto-native

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0.07% per side

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