Spread before costs (cost unknown: a leg has no order-book sample)−0.006%
7d average—if it closes, per $10,000$1funding while held, a day−$57.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENGU-USD | 0.008243 | 0.2011 | pay 0.0251% / 1h | 45m 34s | $10K | $998 | 5x |
| Short | MEXC PENGU_USDT | 0.008242 | 0.0100 | get 0.0050% / 4h | 1h 45m | $11.6M | $8.6M | 125x |
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
- −$0.63
- Funding while held
- −$57.32
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$67.95
- Spread needed to break even
- 0.100%
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1911%
- Per $10,000 a day
- −$57.32
- 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 MEXC live order book, 4 min ago | 0.61 bp | 2.2 bp −$2 | 11.1 bp −$111 | 67.0 bp −$6,703 | 144.1 bp −$72.1K |
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 | −4.471% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Reya PENGURUSDPERP | −0.182% | +0.0235% | 1h | $278 | — | 10x | as long as short |
| Backpack PENGU_USDC_PERP | −0.128% | +0.0064% | 1h | $283K | $254K | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.116% | L +0.0384% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.110% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Aevo PENGU-PERP | −0.091% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| Orderly PERP_PENGU_USDC | −0.079% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.079% | −0.0114% | 1h | $21K | $4K | 10x | as long as short |
| Variational Omni PENGU | −0.063% | +0.0100% | 4h | $662K | $284K | — | as long as short |
| KuCoin PENGUUSDTM | −0.031% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX PENGU-USD | −0.031% | +0.0100% | 1h | $913 | $14K | 5x | as long as short |
| MEXC PENGU_USDTshort | −0.006% | +0.0100% | 4h | $11.6M | $8.6M | 125x | |
| dYdX PENGU-USDlong | 0.000% | +0.2011% | 1h | $10K | $998 | 5x | |
| Pacifica PENGU | +0.018% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| Lighter PENGU | +0.030% | +0.0096% | 1h | $315K | $385K | 8x | as long as short |
| Aster PENGUUSDT | +0.037% | +0.0100% | 4h | $167K | $307K | 20x | as long as short |
| Extended PENGU-USD | +0.038% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| Gate PENGU_USDT | +0.042% | +0.0100% | 4h | $3.4M | $7.5M | 75x | as long as short |
| BingX PENGU-USDT | +0.042% | +0.0100% | 4h | — | $3.6M | — | as long as short |
| Kraken Futures PF_PENGUUSD | +0.051% | +0.0657% | 1h | $347K | $787K | 50x | as long as short |
| Bitget PENGUUSDT | +0.079% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| Hyperliquid PENGU | +0.091% | +0.0100% | 1h | $8.1M | $5.9M | 5x | as long as short |
| Arcus PENGU-USD | +0.091% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Binance PENGUUSDT | +0.132% | +0.0100% | 4h | $35.1M | $95.2M | 75x | as long as short |
| Bybit PENGUUSDT | +0.139% | +0.0100% | 4h | $20.3M | $19.8M | 75x | as long as short |
| BloFin PENGU-USDT | +0.151% | +0.0340% | 4h | $1.4M | $787K | 75x | as long as short |
| Nado PENGU-PERP | +0.157% | +0.0100% | 1h | $208K | $267K | 5x | as long as short |
| HTX PENGU-USDT | +0.164% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| OKX PENGU-USDT-SWAP | +0.200% | +0.0100% | 4h | $6.9M | $30.2M | 50x | as long as short |
| ApeX Omni PENGUUSDT | +0.261% | +0.0100% | 1h | $71K | $251K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.644% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.396% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |
MEXC PENGU_USDT
Injective
Backpack
GMX
gTrade (Gains Network)
Deribit
Variational Omni
KuCoin
SoDEX
Pacifica
Lighter
Aster
Extended
Gate
BingX
Kraken Futures
Bitget
Hyperliquid
Binance
Bybit
BloFin
HTX
OKX
ApeX Omni
Coinbase International
SunX