Spread before costs (cost unknown: a leg has no order-book sample)−3.799%
7d average—if it closes, per $10,000$380funding while held, a day−$84.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PENGU-PERP-INTX | 0.008950 | 0.2912 | pay 0.0364% / 1h | 21m 39s | $95K | $133K | 50x |
| Short | Arcus PENGU-USD | 0.008610 | 0.0100 | get 0.0013% / 1h | 21m 39s | $19K | $24K | 5x |
Coinbase International PENGU-PERP-INTX
Arcus PENGU-USDPrice 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
- −$379.89
- Funding while held
- −$84.36
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$478.75
- Spread needed to break even
- 0.145%
Slippage unknown: Coinbase International: live order book, 23 min ago; Arcus: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2812%
- Per $10,000 a day
- −$84.36
- 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 Coinbase International live order book, 23 min ago | 93.16 bp | 125.5 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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.Gate0.008605cheapestBybit0.008606+0.012%OKX0.008610+0.058%
Gate
Bybit
OKXArcus0.008610+0.058%
Extended0.008611+0.071%MEXC0.008612+0.081%BingX0.008612+0.081%Binance0.008613+0.095%KuCoin0.008615+0.116%Pacifica0.008616+0.128%Backpack0.008616+0.128%Bitget0.008618+0.151%dYdX0.008620+0.170%Lighter0.008620+0.174%SoDEX0.008623+0.209%Nado0.008625+0.230%GMX0.008625+0.232%Aster0.008625+0.233%Reya0.008626+0.238%Orderly0.008626+0.244%Aevo0.008627+0.256%gTrade (Gains Network)0.008627+0.260%Deribit0.008628+0.267%Hyperliquid0.008629+0.279%01 Exchange0.008629+0.279%Kraken Futures0.008633+0.331%BloFin0.008652+0.546%HTX0.008658+0.616%ApeX Omni0.008702+1.127%Variational Omni0.008708+1.193%Injective0.008792+2.173%SunX0.008832+2.638%
Extended
MEXC
BingX
Binance
KuCoin
Pacifica
Backpack
Bitget
dYdX
Lighter
SoDEX
Nado
GMX
Aster
Reya
Orderly
Aevo
gTrade (Gains Network)
Deribit
Hyperliquid
Kraken Futures
BloFin
HTX
ApeX Omni
Variational Omni
Injective
SunXCoinbase International0.008950+4.009%
PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −3.855% | −0.0120% | 4h | $3.6M | $12.2M | 75x | as long as short |
| Bybit PENGUUSDT | −3.844% | +0.0100% | 4h | $21.9M | $26.4M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −3.799% | +0.0100% | 4h | $7.6M | $39.5M | 50x | as long as short |
| Arcus PENGU-USDshort | −3.799% | +0.0100% | 1h | $19K | $24K | 5x | |
| Extended PENGU-USD | −3.786% | +0.0104% | 1h | $177K | $679K | 10x | as long as short |
| MEXC PENGU_USDT | −3.777% | +0.0100% | 4h | $11.3M | $10.9M | 125x | as long as short |
| BingX PENGU-USDT | −3.777% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Binance PENGUUSDT | −3.763% | +0.0100% | 4h | $36.9M | $125.2M | 75x | as long as short |
| KuCoin PENGUUSDTM | −3.743% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| Pacifica PENGU | −3.732% | +0.0100% | 1h | $202K | $129K | 5x | as long as short |