Spread before costs (cost unknown: a leg has no order-book sample)+0.019%
7d average+0.035%if it closes, per $10,000$2funding while held, a day−$0.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PENGU-USD | 0.008632 | 0.0104 | pay 0.0013% / 1h | 31m 10s | $177K | $676K | 10x |
| Short | Orderly PERP_PENGU_USDC | 0.008634 | 0.0098 | get 0.0049% / 4h | 2h 31m | $16K | $182K | 20x |
Extended PENGU-USD
Orderly PERP_PENGU_USDCPrice 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
- $1.86
- Funding while held
- −$0.18
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.32
- Spread needed to break even
- 0.110%
Slippage unknown: Extended: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0006%
- Per $10,000 a day
- −$0.18
- 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 Extended live order book, 8 min ago | 1.74 bp | 11.2 bp −$11 | 52.6 bp −$526 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Variational Omni0.008610cheapestBingX0.008629+0.219%BloFin0.008630+0.231%Gate0.008632+0.254%
Variational Omni
BingX
BloFin
GateExtended0.008632+0.258%
Bybit0.008633+0.265%Aevo0.008633+0.265%SoDEX0.008633+0.265%
Bybit
Aevo
SoDEXOrderly0.008634+0.277%
GMX0.008635+0.289%Reya0.008635+0.290%Deribit0.008636+0.300%Binance0.008637+0.313%gTrade (Gains Network)0.008637+0.317%Backpack0.008638+0.324%Lighter0.008639+0.335%OKX0.008639+0.335%MEXC0.008639+0.335%KuCoin0.008639+0.335%Nado0.008641+0.353%Bitget0.008641+0.358%Pacifica0.008642+0.370%Kraken Futures0.008643+0.381%dYdX0.008644+0.392%Aster0.008646+0.421%Hyperliquid0.008648+0.440%Arcus0.008650+0.463%01 Exchange0.008652+0.486%ApeX Omni0.008655+0.521%HTX0.008659+0.567%Injective0.008792+2.112%Coinbase International0.008808+2.298%SunX0.008842+2.693%
GMX
Reya
Deribit
Binance
gTrade (Gains Network)
Backpack
Lighter
OKX
MEXC
KuCoin
Nado
Bitget
Pacifica
Kraken Futures
dYdX
Aster
Hyperliquid
Arcus
ApeX Omni
HTX
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.258% | +0.0100% | 4h | $763K | $519K | — | as long as short |
| BingX PENGU-USDC | −0.039% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| BloFin PENGU-USDT | −0.028% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Gate PENGU_USDT | −0.005% | −0.0110% | 4h | $3.6M | $12.8M | 75x | as long as short |
| Extended PENGU-USDlong | 0.000% | +0.0104% | 1h | $177K | $676K | 10x | |
| Bybit PENGUUSDT | +0.007% | +0.0100% | 4h | $22.0M | $26.9M | 75x | as long as short |
| Aevo PENGU-PERP | +0.007% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | +0.007% | +0.0100% | 1h | $973 | $14K | 5x | as long as short |
| Orderly PERP_PENGU_USDCshort | +0.019% | +0.0098% | 4h | $16K | $182K | 20x | |
| GMX PENGU/USD [WBTC.b-USDC] | +0.030% | L +0.0492% / S −0.0678% | 1h | $109K | — | 100x | as long as short |