Spread before costs (cost unknown: a leg has no order-book sample)+1.337%
7d average+2.009%if it closes, per $10,000$134funding while held, a day−$72.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PENGU-PERP-INTX | 0.008824 | 0.2520 | pay 0.0315% / 1h | 47m 10s | $85K | $190K | 50x |
| Short | SunX PENGU-USDT | 0.008942 | 0.0100 | get 0.0050% / 4h | 47m 10s | $2K | $1.7M | 10x |
Price 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
- $133.73
- Funding while held
- −$72.6
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- $41.13
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: live order book, 2 min ago; SunX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2420%
- Per $10,000 a day
- −$72.60
- 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, 2 min ago | 120.12 bp | 141.9 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 254.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −10.766% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Arcus PENGU-USD | −1.632% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Pacifica PENGU | −1.575% | +0.0100% | 1h | $204K | $124K | 5x | as long as short |
| Variational Omni PENGU | −1.571% | +0.0100% | 4h | $702K | $299K | — | as long as short |
| dYdX PENGU-USD | −1.547% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| 01 Exchange PENGUUSD | −1.541% | −0.0056% | 1h | $167 | $28 | 5x | as long as short |
| Gate PENGU_USDT | −1.530% | +0.0100% | 4h | $3.8M | $8.6M | 75x | as long as short |
| Nado PENGU-PERP | −1.524% | +0.0100% | 1h | $223K | $294K | 5x | as long as short |
| Reya PENGURUSDPERP | −1.510% | +0.0235% | 1h | $293 | — | 10x | as long as short |
| MEXC PENGU_USDT | −1.496% | +0.0100% | 4h | $12.1M | $9.0M | 125x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PENGUUSDTM | −1.496% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| Hyperliquid PENGU | −1.473% | +0.0100% | 1h | $8.5M | $6.5M | 5x | as long as short |
| Aster PENGUUSDT | −1.447% | +0.0100% | 4h | $176K | $318K | 20x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −1.428% | L +0.0391% / S −0.0366% | 1h | $86K | — | 100x | as long as short |
| BingX PENGU-USDT | −1.417% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| ApeX Omni PENGUUSDT | −1.405% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| HTX PENGU-USDT | −1.371% | +0.0100% | 4h | $97K | $183K | 25x | as long as short |
| gTrade (Gains Network) PENGU/USD | −1.360% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Backpack PENGU_USDC_PERP | −1.349% | +0.0100% | 1h | $301K | $265K | 10x | as long as short |
| SoDEX PENGU-USD | −1.269% | +0.0100% | 1h | $979 | $14K | 5x | as long as short |
| Aevo PENGU-PERP | −1.224% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Orderly PERP_PENGU_USDC | −1.201% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Extended PENGU-USD | −1.180% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Bybit PENGUUSDT | −1.133% | +0.0100% | 4h | $21.9M | $21.3M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −1.122% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| BloFin PENGU-USDT | −1.122% | +0.0340% | 4h | $1.5M | $890K | 75x | as long as short |
| Lighter PENGU | −1.054% | +0.0096% | 1h | $304K | $442K | 8x | as long as short |
| OKX PENGU-USDT-SWAP | −1.043% | +0.0100% | 4h | $7.7M | $34.4M | 50x | as long as short |
| Binance PENGUUSDT | −1.031% | +0.0100% | 4h | $37.7M | $104.7M | 75x | as long as short |
| Bitget PENGUUSDT | −0.997% | +0.0100% | 4h | $8.6M | $7.8M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.990% | +0.0520% | 1h | $371K | $769K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTXlong | 0.000% | +0.2520% | 1h | $85K | $190K | 50x | |
| SunX PENGU-USDTshort | +1.337% | +0.0100% | 4h | $2K | $1.7M | 10x |
Coinbase International PENGU-PERP-INTX
SunX PENGU-USDT
Injective
Pacifica
Variational Omni
Gate
MEXC
KuCoin
Hyperliquid
Aster
GMX
BingX
ApeX Omni
HTX
gTrade (Gains Network)
Backpack
SoDEX
Extended
Bybit
Deribit
BloFin
Lighter
OKX
Binance
Bitget
Kraken Futures