Spread before costs (cost unknown: a leg has no order-book sample)−0.138%
7d average—if it closes, per $10,000$14funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PENGUUSDT | 0.008726 | 0.0100 | pay 0.0013% / 1h | 47m 54s | $76K | $250K | 50x |
| Short | Deribit PENGU_USDC-PERPETUAL | 0.008714 | 0 | get 0.0000% / 1h | 47m 54s | $22K | $4K | 10x |
ApeX Omni PENGUUSDT
Deribit PENGU_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$13.75
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.75
- Spread needed to break even
- 0.170%
Slippage unknown: ApeX Omni: live order book, 65 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- Average in range /8h
- —
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 ApeX Omni live order book, 65 min ago | 5.49 bp | 13.2 bp −$13 | 99.9 bp −$999 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
OKX0.008678+10.211%Bybit0.008682+10.262%Gate0.008683+10.274%BingX0.008683+10.274%Variational Omni0.008685+10.305%Binance0.008689+10.351%MEXC0.008690+10.363%Hyperliquid0.008691+10.376%Extended0.008692+10.393%KuCoin0.008694+10.414%BloFin0.008694+10.414%Bitget0.008695+10.427%01 Exchange0.008697+10.452%Aster0.008697+10.454%dYdX0.008698+10.465%Reya0.008698+10.467%Arcus0.008700+10.490%Pacifica0.008701+10.503%Backpack0.008705+10.554%Aevo0.008705+10.554%Nado0.008707+10.573%SoDEX0.008712+10.643%
Injective
OKX
Bybit
Gate
BingX
Variational Omni
Binance
MEXC
Hyperliquid
Extended
KuCoin
BloFin
Bitget
Aster
dYdX
Reya
Arcus
Pacifica
Backpack
Aevo
Nado
SoDEXDeribit0.008714+10.668%
GMX0.008717+10.706%Orderly0.008719+10.732%Kraken Futures0.008719+10.736%Lighter0.008720+10.744%HTX0.008725+10.808%
GMX
Orderly
Kraken Futures
Lighter
HTXApeX Omni0.008726+10.820%
gTrade (Gains Network)0.008730+10.867%Coinbase International0.008824+12.065%SunX0.008924+13.335%
gTrade (Gains Network)
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.764% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.550% | +0.0100% | 4h | $7.7M | $34.2M | 50x | as long as short |
| Bybit PENGUUSDT | −0.504% | +0.0100% | 4h | $21.8M | $21.3M | 75x | as long as short |
| Gate PENGU_USDT | −0.493% | +0.0100% | 4h | $3.8M | $8.6M | 75x | as long as short |
| BingX PENGU-USDC | −0.493% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Variational Omni PENGU | −0.465% | +0.0100% | 4h | $702K | $299K | — | as long as short |
| Binance PENGUUSDT | −0.424% | +0.0100% | 4h | $37.5M | $104.6M | 75x | as long as short |
| MEXC PENGU_USDT | −0.413% | +0.0100% | 4h | $12.1M | $9.0M | 125x | as long as short |
| Hyperliquid PENGU | −0.401% | +0.0100% | 1h | $8.3M | $6.3M | 5x | as long as short |
| Extended PENGU-USD | −0.386% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |