Spread before costs (cost unknown: a leg has no order-book sample)+0.198%
7d average+0.019%if it closes, per $10,000$20funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENGU-USDC | 0.008989 | 0.0100 | pay 0.0050% / 4h | 1h 14m | — | $2.3M | — |
| Short | Variational Omni PENGU | 0.009007 | 0.0100 | get 0.0050% / 4h | 1h 14m | $800K | $532K | — |
BingX PENGU-USDC
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
- $19.82
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $9.82
- Spread needed to break even
- 0.100%
Slippage unknown: BingX: live order book, 10 min ago; Variational Omni: RFQ quote, 21 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 BingX live order book, 10 min ago | 3.42 bp | 16.4 bp −$16 | 42.2 bp −$422 | 294.5 bp −$29.5K | 852.1 bp −$426.0K |
| Sell Variational Omni RFQ quote, 21 min ago | 4.02 bp | doesn't fit | 27.0 bp −$270 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.008792cheapestApeX Omni0.008939+1.672%OKX0.008976+2.093%SoDEX0.008980+2.138%Binance0.008981+2.150%Deribit0.008981+2.150%Extended0.008981+2.150%Bybit0.008983+2.172%Aevo0.008983+2.172%Bitget0.008985+2.195%Gate0.008986+2.207%Reya0.008987+2.218%MEXC0.008988+2.229%
Injective
ApeX Omni
OKX
SoDEX
Binance
Deribit
Extended
Bybit
Aevo
Bitget
Gate
Reya
MEXCBingX0.008989+2.241%
Orderly0.008989+2.241%Nado0.008989+2.246%Arcus0.008990+2.252%Aster0.008991+2.266%Lighter0.008992+2.275%KuCoin0.008994+2.298%Kraken Futures0.008994+2.300%GMX0.008995+2.309%gTrade (Gains Network)0.008997+2.328%01 Exchange0.008998+2.343%HTX0.009001+2.377%Hyperliquid0.009004+2.411%
Orderly
Nado
Arcus
Aster
Lighter
KuCoin
Kraken Futures
GMX
gTrade (Gains Network)
HTX
HyperliquidVariational Omni0.009007+2.443%
dYdX0.009008+2.461%Pacifica0.009012+2.502%BloFin0.009023+2.627%Backpack0.009031+2.718%Coinbase International0.009047+2.900%SunX0.009195+4.584%
dYdX
Pacifica
BloFin
Backpack
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 PERP | −2.192% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.556% | +0.0100% | 1h | $85K | $253K | 50x | as long as short |
| OKX PENGU-USDT-SWAP | −0.145% | +0.0100% | 4h | $8.3M | $43.7M | 50x | as long as short |
| SoDEX PENGU-USD | −0.100% | +0.0100% | 1h | $1K | $14K | 5x | as long as short |
| Binance PENGUUSDT | −0.089% | +0.0100% | 4h | $38.4M | $134.8M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.089% | −0.0306% | 1h | $20K | $7K | 10x | as long as short |
| Extended PENGU-USD | −0.089% | +0.0104% | 1h | $186K | $678K | 10x | as long as short |
| Bybit PENGUUSDT | −0.067% | +0.0100% | 4h | $24.0M | $29.7M | 75x | as long as short |
| Aevo PENGU-PERP | −0.067% | +0.0104% | 1h | $208K | $17K | 3x | as long as short |
| Bitget PENGUUSDT | −0.044% | +0.0100% | 4h | $8.8M | $10.6M | 75x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.033% | −0.0076% | 4h | $3.7M | $13.4M | 75x | as long as short |
| Reya PENGURUSDPERP | −0.023% | +0.0236% | 1h | $303 | — | 10x | as long as short |
| MEXC PENGU_USDT | −0.011% | +0.0100% | 4h | $12.9M | $11.2M | 125x | as long as short |
| BingX PENGU-USDClong | 0.000% | +0.0100% | 4h | — | $2.3M | — | |
| Orderly PERP_PENGU_USDC | 0.000% | +0.0100% | 4h | $22K | $187K | 20x | as long as short |
| Nado PENGU-PERP | +0.006% | +0.0100% | 1h | $660K | $695K | 5x | as long as short |
| Arcus PENGU-USD | +0.011% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| Aster PENGUUSDT | +0.025% | +0.0100% | 4h | $188K | $380K | 20x | as long as short |
| Lighter PENGU | +0.033% | +0.0096% | 1h | $344K | $532K | 8x | as long as short |
| KuCoin PENGUUSDTM | +0.056% | +0.0100% | 4h | $5.2M | $7.4M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.058% | −0.0071% | 1h | $332K | $1.0M | 50x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.067% | L +0.0514% / S −0.0698% | 1h | $116K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.085% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| 01 Exchange PENGUUSD | +0.100% | +0.0200% | 1h | $206 | $59 | 5x | as long as short |
| HTX PENGU-USDT | +0.133% | +0.0100% | 4h | $99K | $244K | 25x | as long as short |
| Hyperliquid PENGU | +0.167% | +0.0100% | 1h | $10.7M | $12.7M | 5x | as long as short |
| Variational Omni PENGUshort | +0.198% | +0.0100% | 4h | $800K | $532K | — | |
| dYdX PENGU-USD | +0.215% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| Pacifica PENGU | +0.256% | +0.0100% | 1h | $213K | $134K | 5x | as long as short |
| BloFin PENGU-USDT | +0.378% | +0.0340% | 4h | $1.5M | $1.8M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.467% | +0.0100% | 1h | $319K | $308K | 10x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.645% | +0.2920% | 1h | $95K | $131K | 50x | as long as short |
| SunX PENGU-USDT | +2.292% | +0.0100% | 4h | $2K | $2.0M | 10x | as long as short |