Spread before costs (cost unknown: a leg has no order-book sample)+0.116%
7d average—if it closes, per $10,000$12funding while held, a day−$80.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENGU-USD | 0.008242 | 0.2767 | pay 0.0346% / 1h | 50m 20s | $10K | $998 | 5x |
| Short | Gate PENGU_USDT | 0.008252 | 0.0100 | get 0.0050% / 4h | 1h 50m | $3.3M | $7.3M | 75x |
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
- $11.64
- Funding while held
- −$80.02
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$93.38
- Spread needed to break even
- 0.250%
Slippage unknown: dYdX: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2667%
- Per $10,000 a day
- −$80.02
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 3.64 bp | 15.0 bp −$15 | 48.7 bp −$487 | doesn't fit | doesn't fit |
dYdX: 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 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.470% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.684% | −0.0002% | 1h | $70K | $251K | 50x | as long as short |
| Variational Omni PENGU | −0.376% | +0.0100% | 4h | $659K | $284K | — | as long as short |
| Backpack PENGU_USDC_PERP | −0.235% | −0.0055% | 1h | $283K | $255K | 10x | as long as short |
| BloFin PENGU-USDT | −0.187% | +0.0340% | 4h | $1.4M | $787K | 75x | as long as short |
| HTX PENGU-USDT | −0.175% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| dYdX PENGU-USDlong | 0.000% | +0.2767% | 1h | $10K | $998 | 5x | |
| Extended PENGU-USD | +0.067% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| Pacifica PENGU | +0.068% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| Bybit PENGUUSDT | +0.068% | +0.0100% | 4h | $20.2M | $19.8M | 75x | as long as short |
Gate PENGU_USDT
Injective
ApeX Omni
Variational Omni
Backpack
BloFin
HTX
Extended
Pacifica
Bybit
Lighter
SoDEX
Deribit
OKX
GMX
Aster
gTrade (Gains Network)
MEXC
BingX
Binance
KuCoin
Kraken Futures
Hyperliquid
Bitget
Coinbase International
SunX