Spread before costs (cost unknown: a leg has no order-book sample)−0.219%
7d average—if it closes, per $10,000$22funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008690 | 0.0100 | pay 0.0013% / 1h | 16m 21s | $4K | $9K | 5x |
| Short | Gate PENGU_USDT | 0.008671 | 0.0100 | get 0.0050% / 4h | 16m 21s | $3.8M | $9.9M | 75x |
Arcus PENGU-USD
Gate PENGU_USDTPrice 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
- −$21.86
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$41.36
- Spread needed to break even
- 0.195%
Slippage unknown: Arcus: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Gate live order book, 4 min ago | 2.90 bp | 16.5 bp −$17 | 65.6 bp −$656 | 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.Variational Omni0.008555cheapestApeX Omni0.008654+1.160%Bybit0.008666+1.300%
Variational Omni
ApeX Omni
BybitGate0.008671+1.359%
Extended0.008671+1.359%SoDEX0.008672+1.370%GMX0.008673+1.382%Orderly0.008673+1.382%gTrade (Gains Network)0.008674+1.390%dYdX0.008674+1.392%BingX0.008674+1.394%OKX0.008675+1.405%Binance0.008675+1.407%Pacifica0.008677+1.429%Lighter0.008678+1.440%Kraken Futures0.008679+1.452%Bitget0.008679+1.452%Nado0.008679+1.452%Deribit0.008679+1.452%Aevo0.008680+1.464%01 Exchange0.008682+1.487%MEXC0.008684+1.511%Backpack0.008684+1.511%KuCoin0.008685+1.522%Aster0.008686+1.538%Reya0.008687+1.546%
Extended
SoDEX
GMX
Orderly
gTrade (Gains Network)
dYdX
BingX
OKX
Binance
Pacifica
Lighter
Kraken Futures
Bitget
Nado
Deribit
Aevo
MEXC
Backpack
KuCoin
Aster
ReyaArcus0.008690+1.581%
BloFin0.008692+1.604%Hyperliquid0.008693+1.616%HTX0.008704+1.744%Coinbase International0.008774+2.563%SunX0.008886+3.872%
BloFin
Hyperliquid
HTX
Coinbase International
SunXInjective0.009138+6.818%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −1.556% | +0.0100% | 4h | $670K | $335K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.414% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Bybit PENGUUSDT | −0.276% | +0.0100% | 4h | $21.8M | $22.5M | 75x | as long as short |
| Gate PENGU_USDTshort | −0.219% | +0.0100% | 4h | $3.8M | $9.9M | 75x | |
| Extended PENGU-USD | −0.218% | +0.0104% | 1h | $192K | $665K | 10x | as long as short |
| SoDEX PENGU-USD | −0.207% | +0.0100% | 1h | $989 | $14K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.196% | L +0.0479% / S −0.0525% | 1h | $110K | — | 100x | as long as short |
| Orderly PERP_PENGU_USDC | −0.196% | +0.0098% | 4h | $21K | $179K | 20x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.188% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| dYdX PENGU-USD | −0.186% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |