Spread before costs (cost unknown: a leg has no order-book sample)+0.132%
7d average—if it closes, per $10,000$13funding while held, a day+$4.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PENGUUSDT | 0.008621 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $22.0M | $27.1M | 75x |
| Short | Reya PENGURUSDPERP | 0.008632 | 0.0236 | get 0.0029% / 1h | 16m 12s | $291 | — | 10x |
Bybit PENGUUSDT
Reya PENGURUSDPERPPrice 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
- $13.18
- Funding while held
- $4.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $0.25
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0136%
- Per $10,000 a day
- +$4.07
- 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 Bybit live order book, 4 min ago | 0.58 bp | 11.3 bp −$11 | 29.2 bp −$292 | 124.3 bp −$12.4K | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Bybit0.008621cheapest
Extended0.008626+0.055%Gate0.008626+0.058%SoDEX0.008626+0.058%Aevo0.008627+0.070%Nado0.008627+0.075%Binance0.008628+0.081%Orderly0.008628+0.081%MEXC0.008629+0.093%Deribit0.008629+0.093%OKX0.008630+0.104%BingX0.008630+0.104%Bitget0.008631+0.116%GMX0.008632+0.128%
Extended
Gate
SoDEX
Aevo
Nado
Binance
Orderly
MEXC
Deribit
OKX
BingX
Bitget
GMXReya0.008632+0.132%
Lighter0.008633+0.139%KuCoin0.008633+0.139%gTrade (Gains Network)0.008634+0.149%Pacifica0.008635+0.162%BloFin0.008636+0.174%dYdX0.008636+0.178%Kraken Futures0.008638+0.195%Backpack0.008638+0.197%Aster0.008639+0.212%Arcus0.008640+0.220%Hyperliquid0.008642+0.244%01 Exchange0.008643+0.255%HTX0.008651+0.348%ApeX Omni0.008653+0.371%Variational Omni0.008679+0.676%Injective0.008792+1.984%Coinbase International0.008808+2.169%SunX0.008845+2.598%
Lighter
KuCoin
gTrade (Gains Network)
Pacifica
BloFin
dYdX
Kraken Futures
Backpack
Aster
Arcus
Hyperliquid
HTX
ApeX Omni
Variational Omni
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 PENGUUSDTlong | 0.000% | +0.0100% | 4h | $22.0M | $27.1M | 75x | |
| Extended PENGU-USD | +0.055% | +0.0104% | 1h | $178K | $678K | 10x | as long as short |
| Gate PENGU_USDT | +0.058% | −0.0138% | 4h | $3.6M | $12.9M | 75x | as long as short |
| SoDEX PENGU-USD | +0.058% | +0.0100% | 1h | $972 | $14K | 5x | as long as short |
| Aevo PENGU-PERP | +0.070% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| Nado PENGU-PERP | +0.075% | +0.0100% | 1h | $635K | $677K | 5x | as long as short |
| Binance PENGUUSDT | +0.081% | +0.0100% | 4h | $36.6M | $127.9M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | +0.081% | +0.0098% | 4h | $16K | $182K | 20x | as long as short |
| MEXC PENGU_USDT | +0.093% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.093% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |