Spread before costs (cost unknown: a leg has no order-book sample)+0.354%
7d average−0.014%if it closes, per $10,000$35funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008237 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $34.8M | $93.9M | 75x |
| Short | Variational Omni PENGU | 0.008266 | 0.0100 | get 0.0050% / 4h | 1h 54m | $664K | $285K | — |
Binance 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
- $35.38
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $25.38
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 4 min ago; Variational Omni: RFQ quote, 1 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 Binance live order book, 4 min ago | 0.60 bp | 8.4 bp −$8 | 16.4 bp −$164 | 76.4 bp −$7,643 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 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.Injective0.007874cheapestExtended0.008232+4.545%Bybit0.008234+4.572%MEXC0.008234+4.572%Aevo0.008235+4.585%
Injective
Extended
Bybit
MEXC
AevoBinance0.008237+4.610%
OKX0.008238+4.623%BingX0.008238+4.623%Orderly0.008238+4.623%Deribit0.008238+4.623%KuCoin0.008240+4.648%Backpack0.008240+4.648%GMX0.008240+4.648%Bitget0.008241+4.661%BloFin0.008241+4.661%gTrade (Gains Network)0.008242+4.670%Gate0.008244+4.699%SoDEX0.008244+4.699%Reya0.008244+4.705%Hyperliquid0.008248+4.750%Aster0.008248+4.753%Nado0.008249+4.756%Lighter0.008249+4.763%Arcus0.008250+4.775%Kraken Futures0.008251+4.793%Pacifica0.008257+4.864%dYdX0.008263+4.937%HTX0.008265+4.966%
OKX
BingX
Orderly
Deribit
KuCoin
Backpack
GMX
Bitget
BloFin
gTrade (Gains Network)
Gate
SoDEX
Reya
Hyperliquid
Aster
Nado
Lighter
Arcus
Kraken Futures
Pacifica
dYdX
HTXVariational Omni0.008266+4.980%
ApeX Omni0.008267+4.991%Coinbase International0.008378+6.401%SunX0.008442+7.214%
ApeX Omni
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 | −4.407% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Extended PENGU-USD | −0.062% | +0.0104% | 1h | $159K | $638K | 10x | as long as short |
| Bybit PENGUUSDT | −0.036% | +0.0100% | 4h | $20.2M | $19.8M | 75x | as long as short |
| MEXC PENGU_USDT | −0.036% | +0.0100% | 4h | $11.7M | $8.4M | 125x | as long as short |
| Aevo PENGU-PERP | −0.024% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $34.8M | $93.9M | 75x | |
| OKX PENGU-USDT-SWAP | +0.012% | +0.0100% | 4h | $6.9M | $30.1M | 50x | as long as short |
| BingX PENGU-USDT | +0.012% | +0.0100% | 4h | — | $3.5M | — | as long as short |
| Orderly PERP_PENGU_USDC | +0.012% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.012% | −0.0357% | 1h | $21K | $4K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PENGUUSDTM | +0.036% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.036% | −0.0076% | 1h | $284K | $255K | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.036% | L +0.0385% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| Bitget PENGUUSDT | +0.049% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| BloFin PENGU-USDT | +0.049% | +0.0340% | 4h | $1.4M | $783K | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.058% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Gate PENGU_USDT | +0.085% | +0.0100% | 4h | $3.4M | $7.0M | 75x | as long as short |
| SoDEX PENGU-USD | +0.085% | +0.0100% | 1h | $918 | $14K | 5x | as long as short |
| Reya PENGURUSDPERP | +0.091% | +0.0234% | 1h | $278 | — | 10x | as long as short |
| Hyperliquid PENGU | +0.134% | +0.0100% | 1h | $8.2M | $5.8M | 5x | as long as short |
| Aster PENGUUSDT | +0.137% | +0.0100% | 4h | $168K | $305K | 20x | as long as short |
| Nado PENGU-PERP | +0.140% | +0.0100% | 1h | $207K | $261K | 5x | as long as short |
| Lighter PENGU | +0.146% | +0.0096% | 1h | $318K | $380K | 8x | as long as short |
| Arcus PENGU-USD | +0.158% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.175% | +0.0657% | 1h | $347K | $774K | 50x | as long as short |
| Pacifica PENGU | +0.243% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| dYdX PENGU-USD | +0.313% | +0.1063% | 1h | $10K | $998 | 5x | as long as short |
| HTX PENGU-USDT | +0.340% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| Variational Omni PENGUshort | +0.354% | +0.0100% | 4h | $664K | $285K | — | |
| ApeX Omni PENGUUSDT | +0.364% | +0.0100% | 1h | $71K | $251K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.712% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.489% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |