Spread before costs (cost unknown: a leg has no order-book sample)−0.268%
7d average—if it closes, per $10,000$27funding while held, a day−$12.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENGU-USD | 0.008524 | 0.0506 | pay 0.0063% / 1h | 2m 30s | $10K | $998 | 5x |
| Short | Variational Omni PENGU | 0.008501 | 0.0100 | get 0.0050% / 4h | 1h 02m | $684K | $284K | — |
dYdX PENGU-USD
Variational Omni PENGUPrice 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
- −$26.83
- Funding while held
- −$12.19
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$49.02
- Spread needed to break even
- 0.100%
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 53 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0406%
- Per $10,000 a day
- −$12.19
- 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 Variational Omni RFQ quote, 53 min ago | 3.63 bp | doesn't fit | 32.7 bp −$327 | 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.Injective0.007874cheapest
Deribit0.008488+7.798%Orderly0.008490+7.823%Backpack0.008491+7.836%Aevo0.008493+7.861%gTrade (Gains Network)0.008494+7.872%GMX0.008494+7.874%SoDEX0.008494+7.874%BloFin0.008498+7.925%
Injective
Deribit
Orderly
Backpack
Aevo
gTrade (Gains Network)
GMX
SoDEX
BloFinVariational Omni0.008501+7.962%
Kraken Futures0.008501+7.966%HTX0.008507+8.039%Aster0.008509+8.062%Extended0.008514+8.125%BingX0.008514+8.128%MEXC0.008515+8.141%Pacifica0.008519+8.192%Gate0.008519+8.192%01 Exchange0.008520+8.204%Lighter0.008523+8.242%
Kraken Futures
HTX
Aster
Extended
BingX
MEXC
Pacifica
Gate
LighterdYdX0.008524+8.252%
Binance0.008526+8.277%Bybit0.008526+8.280%KuCoin0.008526+8.280%Arcus0.008530+8.331%ApeX Omni0.008530+8.331%OKX0.008531+8.344%Reya0.008533+8.367%Nado0.008533+8.369%Hyperliquid0.008540+8.458%Bitget0.008541+8.471%Coinbase International0.008600+9.220%SunX0.008698+10.465%
Binance
Bybit
KuCoin
Arcus
ApeX Omni
OKX
Reya
Nado
Hyperliquid
Bitget
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −7.623% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.420% | −0.0221% | 1h | $21K | $4K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.396% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | −0.385% | +0.0100% | 1h | $293K | $257K | 10x | as long as short |
| Aevo PENGU-PERP | −0.361% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.351% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.350% | L +0.0386% / S −0.0364% | 1h | $84K | — | 100x | as long as short |
| SoDEX PENGU-USD | −0.350% | +0.0100% | 1h | $957 | $14K | 5x | as long as short |
| BloFin PENGU-USDT | −0.303% | +0.0340% | 4h | $1.5M | $854K | 75x | as long as short |
| Variational Omni PENGUshort | −0.268% | +0.0100% | 4h | $684K | $284K | — |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PENGUUSD | −0.265% | +0.0638% | 1h | $365K | $764K | 50x | as long as short |
| HTX PENGU-USDT | −0.197% | +0.0100% | 4h | $95K | $181K | 25x | as long as short |
| Aster PENGUUSDT | −0.176% | +0.0100% | 4h | $170K | $314K | 20x | as long as short |
| Extended PENGU-USD | −0.118% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| BingX PENGU-USDT | −0.115% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| MEXC PENGU_USDT | −0.103% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
| Pacifica PENGU | −0.056% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| Gate PENGU_USDT | −0.056% | +0.0100% | 4h | $3.7M | $8.0M | 75x | as long as short |
| 01 Exchange PENGUUSD | −0.045% | −0.0064% | 1h | $164 | $28 | 5x | as long as short |
| Lighter PENGU | −0.009% | +0.0096% | 1h | $298K | $439K | 8x | as long as short |
| dYdX PENGU-USDlong | 0.000% | +0.0506% | 1h | $10K | $998 | 5x | |
| Binance PENGUUSDT | +0.022% | +0.0100% | 4h | $36.8M | $99.3M | 75x | as long as short |
| Bybit PENGUUSDT | +0.026% | +0.0100% | 4h | $21.1M | $20.3M | 75x | as long as short |
| KuCoin PENGUUSDTM | +0.026% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| Arcus PENGU-USD | +0.073% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| ApeX Omni PENGUUSDT | +0.073% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| OKX PENGU-USDT-SWAP | +0.085% | +0.0100% | 4h | $7.2M | $31.9M | 50x | as long as short |
| Reya PENGURUSDPERP | +0.106% | +0.0235% | 1h | $288 | — | 10x | as long as short |
| Nado PENGU-PERP | +0.108% | +0.0100% | 1h | $220K | $278K | 5x | as long as short |
| Hyperliquid PENGU | +0.190% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| Bitget PENGUUSDT | +0.202% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.894% | +0.2088% | 1h | $83K | $188K | 50x | as long as short |
| SunX PENGU-USDT | +2.044% | +0.0100% | 4h | $2K | $1.6M | 10x | as long as short |