Spread before costs (cost unknown: a leg has no order-book sample)−0.046%
7d average—if it closes, per $10,000$5funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PENGU_USDC-PERPETUAL | 0.008776 | 0 | get 0.0000% / 1h | 24m 17s | $20K | $7K | 10x |
| Short | SoDEX PENGU-USD | 0.008772 | 0.0100 | get 0.0013% / 1h | 24m 17s | $986 | $14K | 5x |
Deribit PENGU_USDC-PERPETUAL
SoDEX 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
- −$4.56
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$16.56
- Spread needed to break even
- 0.150%
Slippage unknown: Deribit: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 SoDEX no order-book sample | — | — | — | — | — |
Deribit and SoDEX: 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.BloFin0.008726cheapestBackpack0.008729+0.034%ApeX Omni0.008740+0.160%BingX0.008762+0.413%Pacifica0.008766+0.458%Bybit0.008766+0.458%Gate0.008770+0.504%dYdX0.008771+0.513%OKX0.008771+0.516%
BloFin
Backpack
ApeX Omni
BingX
Pacifica
Bybit
Gate
dYdX
OKXSoDEX0.008772+0.527%
MEXC0.008774+0.550%KuCoin0.008774+0.550%Aevo0.008774+0.550%gTrade (Gains Network)0.008775+0.558%GMX0.008775+0.562%Binance0.008775+0.564%Extended0.008776+0.570%Reya0.008776+0.573%Orderly0.008776+0.573%
MEXC
KuCoin
Aevo
gTrade (Gains Network)
GMX
Binance
Extended
Reya
OrderlyDeribit0.008776+0.573%
Variational Omni0.008777+0.583%Lighter0.008777+0.584%Nado0.008778+0.590%Kraken Futures0.008779+0.603%Aster0.008780+0.614%Arcus0.008780+0.619%HTX0.008781+0.630%Bitget0.008783+0.653%Hyperliquid0.008787+0.699%01 Exchange0.008787+0.699%Injective0.008792+0.756%Coinbase International0.008859+1.524%SunX0.008989+3.014%
Variational Omni
Lighter
Nado
Kraken Futures
Aster
Arcus
HTX
Bitget
Hyperliquid
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.570% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.536% | +0.0100% | 1h | $308K | $306K | 10x | as long as short |
| ApeX Omni PENGUUSDT | −0.410% | +0.0100% | 1h | $80K | $252K | 50x | as long as short |
| BingX PENGU-USDC | −0.160% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Pacifica PENGU | −0.114% | +0.0100% | 1h | $207K | $133K | 5x | as long as short |
| Bybit PENGUUSDT | −0.114% | +0.0100% | 4h | $22.4M | $27.7M | 75x | as long as short |
| Gate PENGU_USDT | −0.068% | −0.0088% | 4h | $3.6M | $12.9M | 75x | as long as short |
| dYdX PENGU-USD | −0.060% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.057% | +0.0100% | 4h | $8.1M | $41.5M | 50x | as long as short |
| SoDEX PENGU-USDshort | −0.046% | +0.0100% | 1h | $986 | $14K | 5x |