Spread before costs (cost unknown: a leg has no order-book sample)+0.377%
7d average—if it closes, per $10,000$38funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008760 | 0.0100 | pay 0.0013% / 1h | 59m 44s | $19K | $25K | 5x |
| Short | HTX PENGU-USDT | 0.008793 | 0.0100 | get 0.0050% / 4h | 3h 59m | $97K | $182K | 25x |
Arcus PENGU-USD
HTX 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
- $37.67
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $21.17
- Spread needed to break even
- 0.165%
Slippage unknown: Arcus: no order-book sample; HTX: live order book, 15 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 HTX live order book, 15 min ago | 5.74 bp | 204.8 bp −$205 | 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.ApeX Omni0.008660cheapestVariational Omni0.008700+0.457%BloFin0.008719+0.681%OKX0.008728+0.785%Bybit0.008731+0.820%Binance0.008739+0.914%Gate0.008753+1.074%BingX0.008754+1.085%MEXC0.008755+1.097%Pacifica0.008758+1.132%Extended0.008758+1.135%dYdX0.008760+1.154%Lighter0.008760+1.155%
ApeX Omni
Variational Omni
BloFin
OKX
Bybit
Binance
Gate
BingX
MEXC
Pacifica
Extended
dYdX
LighterArcus0.008760+1.155%
KuCoin0.008760+1.155%Aevo0.008762+1.178%Backpack0.008763+1.189%Orderly0.008763+1.189%SoDEX0.008763+1.189%Deribit0.008764+1.201%Aster0.008766+1.224%Bitget0.008766+1.224%GMX0.008767+1.236%Reya0.008768+1.242%Nado0.008769+1.253%gTrade (Gains Network)0.008769+1.263%Hyperliquid0.008772+1.293%Kraken Futures0.008773+1.300%01 Exchange0.008778+1.363%
KuCoin
Aevo
Backpack
Orderly
SoDEX
Deribit
Aster
Bitget
GMX
Reya
Nado
gTrade (Gains Network)
Hyperliquid
Kraken FuturesHTX0.008793+1.536%
Coinbase International0.008823+1.882%SunX0.008975+3.637%Injective0.009138+5.520%
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −1.142% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Variational Omni PENGU | −0.690% | +0.0100% | 4h | $692K | $353K | — | as long as short |
| BloFin PENGU-USDT | −0.468% | +0.0340% | 4h | $1.5M | $941K | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.365% | +0.0100% | 4h | $7.7M | $37.4M | 50x | as long as short |
| Bybit PENGUUSDT | −0.331% | +0.0100% | 4h | $22.2M | $23.2M | 75x | as long as short |
| Binance PENGUUSDT | −0.238% | +0.0100% | 4h | $37.6M | $114.7M | 75x | as long as short |
| Gate PENGU_USDT | −0.080% | +0.0058% | 4h | $3.8M | $10.6M | 75x | as long as short |
| BingX PENGU-USDC | −0.068% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| MEXC PENGU_USDT | −0.057% | +0.0100% | 4h | $12.7M | $10.3M | 125x | as long as short |
| Pacifica PENGU | −0.023% | +0.0100% | 1h | $206K | $126K | 5x | as long as short |