Spread before costs (cost unknown: a leg has no order-book sample)−0.023%
7d average—if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008670 | 0.0100 | pay 0.0013% / 1h | 20m 26s | $19K | $23K | 5x |
| Short | MEXC PENGU_USDT | 0.008668 | 0.0100 | get 0.0050% / 4h | 2h 20m | $11.5M | $10.9M | 125x |
Arcus PENGU-USD
MEXC 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
- −$2.31
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$6.81
- Spread needed to break even
- 0.045%
Slippage unknown: Arcus: no order-book sample; MEXC: 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 MEXC live order book, 4 min ago | 0.58 bp | 4.3 bp −$4 | 12.3 bp −$123 | 51.9 bp −$5,190 | 114.7 bp −$57.4K |
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.Deribit0.008660cheapestExtended0.008661+0.009%Bybit0.008661+0.012%OKX0.008661+0.012%Orderly0.008662+0.023%SoDEX0.008662+0.023%Gate0.008663+0.035%Aevo0.008663+0.035%BingX0.008665+0.058%Pacifica0.008667+0.081%Bitget0.008667+0.081%
Deribit
Extended
Bybit
OKX
Orderly
SoDEX
Gate
Aevo
BingX
Pacifica
BitgetMEXC0.008668+0.092%
KuCoin0.008668+0.092%GMX0.008668+0.092%gTrade (Gains Network)0.008668+0.096%Binance0.008669+0.103%Backpack0.008669+0.104%Kraken Futures0.008670+0.114%
KuCoin
GMX
gTrade (Gains Network)
Binance
Backpack
Kraken FuturesArcus0.008670+0.115%
Reya0.008670+0.116%Aster0.008670+0.120%dYdX0.008671+0.123%Lighter0.008672+0.139%Nado0.008674+0.162%BloFin0.008675+0.173%Hyperliquid0.008679+0.219%01 Exchange0.008679+0.219%Variational Omni0.008679+0.222%ApeX Omni0.008688+0.323%HTX0.008704+0.508%Injective0.008792+1.524%Coinbase International0.008808+1.709%SunX0.008869+2.413%
Reya
Aster
dYdX
Lighter
Nado
BloFin
Hyperliquid
Variational Omni
ApeX Omni
HTX
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.115% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| Extended PENGU-USD | −0.107% | +0.0104% | 1h | $179K | $677K | 10x | as long as short |
| Bybit PENGUUSDT | −0.104% | +0.0100% | 4h | $22.1M | $27.0M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.104% | +0.0100% | 4h | $7.8M | $40.0M | 50x | as long as short |
| Orderly PERP_PENGU_USDC | −0.092% | +0.0098% | 4h | $16K | $182K | 20x | as long as short |
| SoDEX PENGU-USD | −0.092% | +0.0100% | 1h | $981 | $14K | 5x | as long as short |
| Gate PENGU_USDT | −0.081% | −0.0134% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Aevo PENGU-PERP | −0.081% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| BingX PENGU-USDT | −0.058% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Pacifica PENGU | −0.035% | +0.0100% | 1h | $203K | $131K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PENGUUSDT | −0.035% | +0.0100% | 4h | $8.4M | $9.7M | 75x | as long as short |
| MEXC PENGU_USDTshort | −0.023% | +0.0100% | 4h | $11.5M | $10.9M | 125x | |
| KuCoin PENGUUSDTM | −0.023% | +0.0100% | 4h | $5.2M | $7.1M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.023% | L +0.0493% / S −0.0678% | 1h | $109K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.019% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Binance PENGUUSDT | −0.012% | +0.0100% | 4h | $36.7M | $127.8M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.012% | +0.0100% | 1h | $307K | $306K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.001% | +0.0287% | 1h | $365K | $855K | 50x | as long as short |
| Arcus PENGU-USDlong | 0.000% | +0.0100% | 1h | $19K | $23K | 5x | |
| Reya PENGURUSDPERP | +0.001% | +0.0236% | 1h | $293 | — | 10x | as long as short |
| Aster PENGUUSDT | +0.005% | +0.0100% | 4h | $205K | $345K | 20x | as long as short |
| dYdX PENGU-USD | +0.008% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Lighter PENGU | +0.023% | +0.0096% | 1h | $311K | $481K | 8x | as long as short |
| Nado PENGU-PERP | +0.046% | +0.0100% | 1h | $639K | $677K | 5x | as long as short |
| BloFin PENGU-USDT | +0.058% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Hyperliquid PENGU | +0.104% | +0.0100% | 1h | $9.8M | $11.8M | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.104% | +0.0184% | 1h | $167 | $28 | 5x | as long as short |
| Variational Omni PENGU | +0.107% | +0.0100% | 4h | $773K | $528K | — | as long as short |
| ApeX Omni PENGUUSDT | +0.208% | +0.0100% | 1h | $79K | $252K | 50x | as long as short |
| HTX PENGU-USDT | +0.392% | +0.0100% | 4h | $100K | $207K | 25x | as long as short |
| Injective PENGU/USDC PERP | +1.407% | +0.4551% | 1h | $3K | $51K | 5.5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.592% | +0.2968% | 1h | $93K | $128K | 50x | as long as short |
| SunX PENGU-USDT | +2.295% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |