Spread before costs (cost unknown: a leg has no order-book sample)+0.145%
7d average—if it closes, per $10,000$14funding while held, a day+$12.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PENGU_USDC-PERPETUAL | 0.008992 | −0.0306 | get 0.0038% / 1h | 58m 08s | $20K | $7K | 10x |
| Short | Pacifica PENGU | 0.009005 | 0.0100 | get 0.0013% / 1h | 58m 08s | $197K | $161K | 5x |
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
- $14.46
- Funding while held
- $12.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $11.64
- Spread needed to break even
- 0.150%
Slippage unknown: Deribit: no order-book sample; Pacifica: live order book, 36 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0406%
- Per $10,000 a day
- +$12.18
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 36 min ago | 3.44 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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.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 | −2.224% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| Gate PENGU_USDT | −0.100% | −0.0066% | 4h | $3.7M | $13.9M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.067% | +0.0100% | 4h | $8.2M | $45.0M | 50x | as long as short |
| Binance PENGUUSDT | −0.056% | +0.0100% | 4h | $38.4M | $138.3M | 75x | as long as short |
| Bybit PENGUUSDT | −0.044% | +0.0100% | 4h | $24.2M | $30.7M | 75x | as long as short |
| MEXC PENGU_USDT | −0.044% | +0.0100% | 4h | $12.7M | $11.3M | 125x | as long as short |
| Extended PENGU-USD | −0.036% | +0.0104% | 1h | $186K | $679K | 10x | as long as short |
| SoDEX PENGU-USD | −0.033% | +0.0100% | 1h | $1K | $11K | 5x | as long as short |
| BingX PENGU-USDT | −0.022% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Aevo PENGU-PERP | −0.022% | +0.0104% | 1h | $208K | $17K | 3x | as long as short |
Deribit PENGU_USDC-PERPETUAL
Pacifica PENGU
Injective
Gate
OKX
Binance
Bybit
MEXC
Extended
SoDEX
BingX
Backpack
KuCoin
Aster
GMX
Bitget
gTrade (Gains Network)
Lighter
Hyperliquid
BloFin
HTX
Kraken Futures
Variational Omni
ApeX Omni
Coinbase International
SunX