Spread before costs (cost unknown: a leg has no order-book sample)+0.081%
7d average—if it closes, per $10,000$8funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008693 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $37.0M | $125.5M | 75x |
| Short | SoDEX PENGU-USD | 0.008700 | 0.0100 | get 0.0013% / 1h | 3m 20s | $976 | $14K | 5x |
Binance PENGUUSDT
SoDEX PENGU-USDPrice 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
- $8.05
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$9.95
- Spread needed to break even
- 0.180%
Slippage unknown: Binance: live order book, 11 min ago; SoDEX: no order-book sample. 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 Binance live order book, 11 min ago | 0.58 bp | 7.7 bp −$8 | 16.6 bp −$166 | 63.8 bp −$6,379 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 Omni0.008670cheapestVariational Omni0.008677+0.078%Gate0.008686+0.185%Bybit0.008687+0.196%Arcus0.008690+0.231%01 Exchange0.008690+0.231%BingX0.008690+0.231%Nado0.008690+0.234%OKX0.008691+0.242%
ApeX Omni
Variational Omni
Gate
Bybit
Arcus
BingX
Nado
OKXBinance0.008693+0.265%
KuCoin0.008693+0.265%Orderly0.008694+0.277%Reya0.008694+0.279%MEXC0.008695+0.288%Aevo0.008695+0.288%gTrade (Gains Network)0.008695+0.294%Bitget0.008696+0.300%Extended0.008697+0.309%GMX0.008697+0.311%BloFin0.008698+0.323%Deribit0.008699+0.334%
KuCoin
Orderly
Reya
MEXC
Aevo
gTrade (Gains Network)
Bitget
Extended
GMX
BloFin
DeribitSoDEX0.008700+0.346%
Hyperliquid0.008703+0.381%Backpack0.008704+0.392%Aster0.008706+0.415%Pacifica0.008706+0.415%dYdX0.008710+0.459%Lighter0.008711+0.473%Kraken Futures0.008712+0.485%HTX0.008725+0.634%Coinbase International0.008758+1.015%Injective0.008792+1.407%SunX0.008909+2.757%
Hyperliquid
Backpack
Aster
Pacifica
dYdX
Lighter
Kraken Futures
HTX
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.265% | +0.0100% | 1h | $79K | $253K | 50x | as long as short |
| Variational Omni PENGU | −0.187% | +0.0100% | 4h | $752K | $494K | — | as long as short |
| Gate PENGU_USDT | −0.081% | −0.0072% | 4h | $3.6M | $12.6M | 75x | as long as short |
| Bybit PENGUUSDT | −0.069% | +0.0100% | 4h | $22.2M | $26.6M | 75x | as long as short |
| Arcus PENGU-USD | −0.035% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.035% | +0.0208% | 1h | $167 | $28 | 5x | as long as short |
| BingX PENGU-USDT | −0.035% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Nado PENGU-PERP | −0.032% | +0.0100% | 1h | $638K | $664K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.023% | +0.0100% | 4h | $7.7M | $40.0M | 50x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $37.0M | $125.5M | 75x |