Spread before costs (cost unknown: a leg has no order-book sample)+0.115%
7d average—if it closes, per $10,000$12funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENGU-USDC | 0.008671 | 0.0100 | pay 0.0050% / 4h | 1h 42m | — | $2.3M | — |
| Short | Deribit PENGU_USDC-PERPETUAL | 0.008681 | 0 | get 0.0000% / 1h | 42m 27s | $19K | $7K | 10x |
BingX PENGU-USDC
Deribit PENGU_USDC-PERPETUALPrice 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
- $11.53
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$8.47
- Spread needed to break even
- 0.170%
Slippage unknown: BingX: live order book, 12 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 BingX live order book, 12 min ago | 1.74 bp | 11.9 bp −$12 | 41.5 bp −$415 | 395.7 bp −$39.6K | 1097.2 bp −$548.6K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 Omni0.008628cheapestVariational Omni0.008642+0.159%
ApeX Omni
Variational OmniBingX0.008671+0.498%
Aevo0.008675+0.545%BloFin0.008675+0.545%Bybit0.008676+0.556%Gate0.008676+0.556%HTX0.008676+0.556%gTrade (Gains Network)0.008677+0.562%GMX0.008677+0.568%SoDEX0.008677+0.568%MEXC0.008679+0.591%Orderly0.008679+0.591%Arcus0.008680+0.603%dYdX0.008680+0.603%Pacifica0.008681+0.614%
Aevo
BloFin
Bybit
Gate
HTX
gTrade (Gains Network)
GMX
SoDEX
MEXC
Orderly
Arcus
dYdX
PacificaDeribit0.008681+0.614%
Extended0.008681+0.618%Kraken Futures0.008682+0.626%Binance0.008683+0.637%OKX0.008683+0.637%Backpack0.008683+0.637%Reya0.008684+0.647%Lighter0.008684+0.649%KuCoin0.008684+0.649%Nado0.008684+0.649%Aster0.008685+0.658%Bitget0.008686+0.672%01 Exchange0.008691+0.730%Hyperliquid0.008692+0.742%Coinbase International0.008761+1.541%Injective0.008792+1.901%SunX0.008885+2.979%
Extended
Kraken Futures
Binance
OKX
Backpack
Reya
Lighter
KuCoin
Nado
Aster
Bitget
Hyperliquid
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 | −0.496% | +0.0100% | 1h | $79K | $252K | 50x | as long as short |
| Variational Omni PENGU | −0.338% | +0.0100% | 4h | $769K | $525K | — | as long as short |
| BingX PENGU-USDClong | 0.000% | +0.0100% | 4h | — | $2.3M | — | |
| Aevo PENGU-PERP | +0.046% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| BloFin PENGU-USDT | +0.046% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Bybit PENGUUSDT | +0.058% | +0.0100% | 4h | $22.1M | $27.5M | 75x | as long as short |
| Gate PENGU_USDT | +0.058% | −0.0100% | 4h | $3.6M | $12.9M | 75x | as long as short |
| HTX PENGU-USDT | +0.058% | +0.0100% | 4h | $96K | $234K | 25x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.063% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.069% | L +0.0502% / S −0.0698% | 1h | $111K | — | 100x | as long as short |