Spread before costs (cost unknown: a leg has no order-book sample)−1.229%
7d average−0.048%if it closes, per $10,000$123funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENGUUSDT | 0.008500 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $169K | $314K | 20x |
| Short | Variational Omni PENGU | 0.008396 | 0.0100 | get 0.0050% / 4h | 1h 07m | $676K | $287K | — |
Aster PENGUUSDT
Variational Omni PENGUPrice 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
- −$122.86
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$130.86
- Spread needed to break even
- 0.080%
Slippage unknown: Aster: live order book, 46 min ago; Variational Omni: RFQ quote, 48 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 Aster live order book, 46 min ago | 4.89 bp | 12.4 bp −$12 | 151.0 bp −$1,510 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 48 min ago | 3.63 bp | doesn't fit | 32.7 bp −$327 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
InjectiveVariational Omni0.008396+6.626%
ApeX Omni0.008408+6.782%dYdX0.008482+7.725%GMX0.008487+7.785%gTrade (Gains Network)0.008488+7.794%Pacifica0.008488+7.798%Bybit0.008488+7.798%Orderly0.008488+7.798%Aevo0.008488+7.798%Nado0.008489+7.817%Extended0.008490+7.822%Arcus0.008490+7.823%Deribit0.008490+7.823%Reya0.008491+7.839%Backpack0.008492+7.849%Binance0.008493+7.860%KuCoin0.008493+7.861%BingX0.008493+7.861%Gate0.008494+7.874%BloFin0.008494+7.874%OKX0.008495+7.887%MEXC0.008495+7.887%Lighter0.008496+7.899%SoDEX0.008497+7.912%Hyperliquid0.008500+7.950%
ApeX Omni
dYdX
GMX
gTrade (Gains Network)
Pacifica
Bybit
Orderly
Aevo
Nado
Extended
Arcus
Deribit
Reya
Backpack
Binance
KuCoin
BingX
Gate
BloFin
OKX
MEXC
Lighter
SoDEX
HyperliquidAster0.008500+7.952%
Kraken Futures0.008502+7.976%Bitget0.008505+8.014%HTX0.008506+8.026%Coinbase International0.008513+8.115%SunX0.008699+10.478%
Kraken Futures
Bitget
HTX
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −7.366% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGUshort | −1.229% | +0.0100% | 4h | $676K | $287K | — | |
| ApeX Omni PENGUUSDT | −1.084% | +0.0100% | 1h | $72K | $251K | 50x | as long as short |
| dYdX PENGU-USD | −0.210% | +0.0555% | 1h | $10K | $998 | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.154% | L +0.0385% / S −0.0362% | 1h | $83K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.146% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Pacifica PENGU | −0.143% | +0.0100% | 1h | $198K | $122K | 5x | as long as short |
| Bybit PENGUUSDT | −0.143% | +0.0100% | 4h | $21.0M | $20.1M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.143% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Aevo PENGU-PERP | −0.143% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |