Spread before costs (cost unknown: a leg has no order-book sample)+3.588%
7d average—if it closes, per $10,000$359funding while held, a day+$84.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008640 | 0.0100 | pay 0.0013% / 1h | 23m 25s | $19K | $24K | 5x |
| Short | Coinbase International PENGU-PERP-INTX | 0.008950 | 0.2912 | get 0.0364% / 1h | 23m 25s | $95K | $133K | 50x |
Arcus PENGU-USD
Coinbase International PENGU-PERP-INTXPrice 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
- $358.8
- Funding while held
- $84.36
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $428.66
- Spread needed to break even
- 0.145%
Slippage unknown: Arcus: no order-book sample; Coinbase International: live order book, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2812%
- Per $10,000 a day
- +$84.36
- 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 21 min ago | 93.16 bp | 130.8 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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.BingX0.008617cheapestBybit0.008624+0.081%OKX0.008631+0.162%Orderly0.008632+0.174%Aevo0.008632+0.174%gTrade (Gains Network)0.008636+0.218%Gate0.008636+0.220%Binance0.008637+0.229%GMX0.008637+0.232%MEXC0.008638+0.244%
BingX
Bybit
OKX
Orderly
Aevo
gTrade (Gains Network)
Gate
Binance
GMX
MEXCArcus0.008640+0.267%
Reya0.008655+0.441%Nado0.008656+0.458%KuCoin0.008662+0.522%Bitget0.008663+0.534%01 Exchange0.008668+0.592%Aster0.008668+0.594%Hyperliquid0.008669+0.603%Pacifica0.008669+0.603%dYdX0.008672+0.640%Extended0.008673+0.649%Backpack0.008673+0.650%Lighter0.008675+0.673%Deribit0.008679+0.720%SoDEX0.008681+0.743%HTX0.008693+0.882%Kraken Futures0.008695+0.901%BloFin0.008696+0.917%ApeX Omni0.008702+0.986%Variational Omni0.008708+1.052%Injective0.008792+2.031%SunX0.008890+3.168%
Reya
Nado
KuCoin
Bitget
Aster
Hyperliquid
Pacifica
dYdX
Extended
Backpack
Lighter
Deribit
SoDEX
HTX
Kraken Futures
BloFin
ApeX Omni
Variational Omni
Injective
SunXCoinbase International0.008950+3.864%
PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.266% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | −0.185% | +0.0100% | 4h | $22.0M | $26.5M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.104% | +0.0100% | 4h | $7.6M | $39.6M | 50x | as long as short |
| Orderly PERP_PENGU_USDC | −0.093% | +0.0098% | 4h | $16K | $186K | 20x | as long as short |
| Aevo PENGU-PERP | −0.093% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.049% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Gate PENGU_USDT | −0.046% | −0.0038% | 4h | $3.6M | $12.1M | 75x | as long as short |
| Binance PENGUUSDT | −0.038% | +0.0100% | 4h | $37.0M | $125.2M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.035% | L +0.0492% / S −0.0660% | 1h | $109K | — | 100x | as long as short |
| MEXC PENGU_USDT | −0.023% | +0.0100% | 4h | $11.4M | $10.8M | 125x | as long as short |