Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average—if it closes, per $10,000$5funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008680 | 0.0100 | pay 0.0013% / 1h | 4m 08s | $4K | $9K | 5x |
| Short | dYdX PENGU-USD | 0.008676 | 0 | get 0.0000% / 1h | 4m 08s | $10K | $1K | 5x |
Arcus PENGU-USD
dYdX PENGU-USDPrice 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
- −$4.81
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$22.31
- Spread needed to break even
- 0.145%
Slippage unknown: Arcus: no order-book sample; dYdX: 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 Arcus no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Arcus and dYdX: 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.BingX0.008657cheapestReya0.008658+0.007%Gate0.008660+0.035%Bybit0.008663+0.069%HTX0.008663+0.069%Backpack0.008664+0.081%Binance0.008666+0.104%OKX0.008668+0.127%MEXC0.008670+0.150%Hyperliquid0.008671+0.162%SoDEX0.008671+0.162%Bitget0.008672+0.173%Aevo0.008672+0.173%KuCoin0.008674+0.196%Orderly0.008675+0.208%Aster0.008675+0.211%
BingX
Reya
Gate
Bybit
HTX
Backpack
Binance
OKX
MEXC
Hyperliquid
SoDEX
Bitget
Aevo
KuCoin
Orderly
AsterdYdX0.008676+0.217%
Lighter0.008676+0.219%Pacifica0.008676+0.219%01 Exchange0.008677+0.231%Extended0.008678+0.240%GMX0.008679+0.254%Deribit0.008679+0.254%gTrade (Gains Network)0.008679+0.257%
Lighter
Pacifica
Extended
GMX
Deribit
gTrade (Gains Network)Arcus0.008680+0.266%
Kraken Futures0.008680+0.269%ApeX Omni0.008682+0.289%BloFin0.008696+0.451%Variational Omni0.008704+0.544%Nado0.008724+0.774%Coinbase International0.008807+1.733%SunX0.008880+2.576%
Kraken Futures
ApeX Omni
BloFin
Variational Omni
Nado
Coinbase International
SunXInjective0.009138+5.556%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.265% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Reya PENGURUSDPERP | −0.258% | +0.0235% | 1h | $292 | — | 10x | as long as short |
| Gate PENGU_USDT | −0.230% | +0.0068% | 4h | $3.7M | $10.3M | 75x | as long as short |
| Bybit PENGUUSDT | −0.196% | +0.0100% | 4h | $21.9M | $22.8M | 75x | as long as short |
| HTX PENGU-USDT | −0.196% | +0.0100% | 4h | $96K | $182K | 25x | as long as short |
| Backpack PENGU_USDC_PERP | −0.184% | −0.0074% | 1h | $303K | $282K | 10x | as long as short |
| Binance PENGUUSDT | −0.161% | +0.0100% | 4h | $37.1M | $113.3M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.138% | +0.0100% | 4h | $7.7M | $36.8M | 50x | as long as short |
| MEXC PENGU_USDT | −0.115% | +0.0100% | 4h | $13.1M | $10.2M | 125x | as long as short |
| Hyperliquid PENGU | −0.104% | +0.0100% | 1h | $8.4M | $6.8M | 5x | as long as short |