Spread before costs (cost unknown: a leg has no order-book sample)+0.104%
7d average—if it closes, per $10,000$10funding while held, a day−$10.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENGU-USDT | 0.008675 | 0.0340 | pay 0.0170% / 4h | 2h 21m | $1.5M | $1.5M | 75x |
| Short | Deribit PENGU_USDC-PERPETUAL | 0.008684 | 0 | get 0.0000% / 1h | 21m 17s | $20K | $7K | 10x |
BloFin PENGU-USDT
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
- $10.37
- Funding while held
- −$10.2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$18.83
- Spread needed to break even
- 0.190%
Slippage unknown: BloFin: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0340%
- Per $10,000 a day
- −$10.20
- 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 BloFin live order book, 3 min ago | 0.58 bp | 12.8 bp −$13 | 22.3 bp −$223 | 47.8 bp −$4,776 | doesn't fit |
| 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.Bybit0.008670cheapestGate0.008670cheapestNado0.008674+0.046%MEXC0.008674+0.046%
Bybit
Gate
Nado
MEXCBloFin0.008675+0.058%
Binance0.008677+0.081%GMX0.008677+0.081%BingX0.008678+0.092%OKX0.008679+0.104%KuCoin0.008679+0.104%Orderly0.008679+0.104%gTrade (Gains Network)0.008679+0.109%Extended0.008680+0.112%Reya0.008680+0.113%Arcus0.008680+0.115%Aevo0.008680+0.115%Bitget0.008682+0.138%SoDEX0.008682+0.138%01 Exchange0.008683+0.150%Pacifica0.008684+0.161%
Binance
GMX
BingX
OKX
KuCoin
Orderly
gTrade (Gains Network)
Extended
Reya
Arcus
Aevo
Bitget
SoDEX
PacificaDeribit0.008684+0.161%
Aster0.008685+0.170%Lighter0.008686+0.185%Hyperliquid0.008687+0.196%ApeX Omni0.008688+0.208%Backpack0.008691+0.242%dYdX0.008692+0.255%Kraken Futures0.008693+0.266%Variational Omni0.008699+0.334%HTX0.008704+0.392%Injective0.008792+1.407%Coinbase International0.008808+1.592%SunX0.008887+2.503%
Aster
Lighter
Hyperliquid
ApeX Omni
Backpack
dYdX
Kraken Futures
Variational Omni
HTX
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.058% | +0.0100% | 4h | $22.1M | $27.0M | 75x | as long as short |
| Gate PENGU_USDT | −0.058% | −0.0138% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Nado PENGU-PERP | −0.012% | +0.0100% | 1h | $639K | $677K | 5x | as long as short |
| MEXC PENGU_USDT | −0.012% | +0.0100% | 4h | $11.5M | $10.9M | 125x | as long as short |
| BloFin PENGU-USDTlong | 0.000% | +0.0340% | 4h | $1.5M | $1.5M | 75x | |
| Binance PENGUUSDT | +0.023% | +0.0100% | 4h | $36.8M | $127.7M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.023% | L +0.0493% / S −0.0678% | 1h | $109K | — | 100x | as long as short |
| BingX PENGU-USDT | +0.035% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| OKX PENGU-USDT-SWAP | +0.046% | +0.0100% | 4h | $7.9M | $40.1M | 50x | as long as short |
| KuCoin PENGUUSDTM | +0.046% | +0.0100% | 4h | $5.2M | $7.1M | 75x | as long as short |