Spread before costs (cost unknown: a leg has no order-book sample)+5.034%
7d average—if it closes, per $10,000$503funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008700 | 0.0100 | pay 0.0013% / 1h | 10m 11s | $4K | $9K | 5x |
| Short | Injective PENGU/USDC PERP | 0.009138 | 0.0033 | get 0.0004% / 1h | 10m 11s | $3K | $116K | 5.5x |
Arcus PENGU-USD
Injective PENGU/USDC PERPPrice 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
- $503.45
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $496.93
- Spread needed to break even
- 0.045%
Slippage unknown: Arcus: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
Arcus and Injective: 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 Omni0.008692cheapest
ApeX OmniArcus0.008700+0.092%
01 Exchange0.008700+0.092%Gate0.008700+0.092%Nado0.008703+0.121%Reya0.008704+0.142%Aster0.008707+0.168%Extended0.008707+0.171%Bybit0.008707+0.173%BingX0.008707+0.173%Binance0.008708+0.184%Aevo0.008708+0.184%KuCoin0.008709+0.196%Backpack0.008710+0.207%SoDEX0.008710+0.207%Deribit0.008710+0.207%GMX0.008712+0.230%Orderly0.008712+0.230%gTrade (Gains Network)0.008713+0.238%Lighter0.008713+0.242%MEXC0.008713+0.242%BloFin0.008713+0.242%OKX0.008714+0.253%HTX0.008716+0.276%Hyperliquid0.008717+0.288%Kraken Futures0.008720+0.316%Pacifica0.008721+0.334%Bitget0.008722+0.345%dYdX0.008727+0.403%Variational Omni0.008742+0.576%Coinbase International0.008822+1.496%SunX0.008918+2.600%
Gate
Nado
Reya
Aster
Extended
Bybit
BingX
Binance
Aevo
KuCoin
Backpack
SoDEX
Deribit
GMX
Orderly
gTrade (Gains Network)
Lighter
MEXC
BloFin
OKX
HTX
Hyperliquid
Kraken Futures
Pacifica
Bitget
dYdX
Variational Omni
Coinbase International
SunXInjective0.009138+5.131%
PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.092% | +0.0100% | 1h | $75K | $251K | 50x | as long as short |
| Arcus PENGU-USDlong | 0.000% | +0.0100% | 1h | $4K | $9K | 5x | |
| 01 Exchange PENGUUSD | 0.000% | −0.0080% | 1h | $168 | $28 | 5x | as long as short |
| Gate PENGU_USDT | 0.000% | +0.0098% | 4h | $3.8M | $10.1M | 75x | as long as short |
| Nado PENGU-PERP | +0.029% | +0.0100% | 1h | $510K | $504K | 5x | as long as short |
| Reya PENGURUSDPERP | +0.049% | +0.0235% | 1h | $294 | — | 10x | as long as short |
| Aster PENGUUSDT | +0.076% | +0.0100% | 4h | $170K | $326K | 20x | as long as short |
| Extended PENGU-USD | +0.079% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Bybit PENGUUSDT | +0.080% | +0.0100% | 4h | $21.9M | $22.7M | 75x | as long as short |
| BingX PENGU-USDC | +0.080% | +0.0100% | 4h | — | $2.3M | — | as long as short |