Spread before costs (cost unknown: a leg has no order-book sample)−7.234%
7d average−0.832%if it closes, per $10,000$723funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008488 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $36.7M | $99.4M | 75x |
| Short | Injective PENGU/USDC PERP | 0.007874 | 0.0033 | get 0.0004% / 1h | 1m 42s | $3K | $116K | 5.5x |
Binance PENGUUSDT
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
- −$723.37
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$735.39
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 13 min ago; 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 Binance live order book, 13 min ago | 0.60 bp | 6.9 bp −$7 | 15.0 bp −$150 | 67.1 bp −$6,711 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.Injective0.007874cheapest
Binance0.008488+7.798%
Bybit0.008488+7.798%Pacifica0.008490+7.823%MEXC0.008491+7.836%Hyperliquid0.008493+7.861%Lighter0.008493+7.861%Bitget0.008493+7.861%dYdX0.008494+7.870%OKX0.008497+7.912%BingX0.008498+7.925%BloFin0.008498+7.925%Variational Omni0.008501+7.962%Gate0.008503+7.988%Extended0.008504+7.998%KuCoin0.008504+8.001%SoDEX0.008504+8.001%Backpack0.008508+8.052%Kraken Futures0.008512+8.102%Aster0.008513+8.114%HTX0.008513+8.115%Aevo0.008516+8.153%Deribit0.008517+8.166%01 Exchange0.008520+8.204%Orderly0.008528+8.306%Arcus0.008530+8.331%ApeX Omni0.008530+8.331%Reya0.008533+8.367%gTrade (Gains Network)0.008533+8.369%Nado0.008533+8.369%GMX0.008533+8.369%Coinbase International0.008600+9.220%SunX0.008718+10.719%
Bybit
Pacifica
MEXC
Hyperliquid
Lighter
Bitget
dYdX
OKX
BingX
BloFin
Variational Omni
Gate
Extended
KuCoin
SoDEX
Backpack
Kraken Futures
Aster
HTX
Aevo
Deribit
Orderly
Arcus
ApeX Omni
Reya
gTrade (Gains Network)
Nado
GMX
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERPshort | −7.234% | +0.0033% | 1h | $3K | $116K | 5.5x | |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $36.7M | $99.4M | 75x | |
| Bybit PENGUUSDT | 0.000% | +0.0100% | 4h | $21.0M | $20.3M | 75x | as long as short |
| Pacifica PENGU | +0.024% | +0.0100% | 1h | $198K | $122K | 5x | as long as short |
| MEXC PENGU_USDT | +0.035% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
| Hyperliquid PENGU | +0.059% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| Lighter PENGU | +0.059% | +0.0096% | 1h | $297K | $439K | 8x | as long as short |
| Bitget PENGUUSDT | +0.059% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| dYdX PENGU-USD | +0.067% | +0.0498% | 1h | $10K | $998 | 5x | as long as short |
| OKX PENGU-USDT-SWAP | +0.106% | +0.0100% | 4h | $7.2M | $31.8M | 50x | as long as short |