Spread before costs (cost unknown: a leg has no order-book sample)−0.140%
7d average—if it closes, per $10,000$14funding while held, a day+$2.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PENGU/USD | 0.008670 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 44m 45s | $33K | — | 150x |
| Short | Aevo PENGU-PERP | 0.008658 | 0.0104 | get 0.0013% / 1h | 44m 45s | $200K | $17K | 3x |
gTrade (Gains Network) PENGU/USD
Aevo PENGU-PERPPrice 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
- −$13.97
- Funding while held
- $2.91
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$37.06
- Spread needed to break even
- 0.260%
Slippage unknown: gTrade (Gains Network): no order-book sample; Aevo: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0097%
- Per $10,000 a day
- +$2.91
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 1 min ago | 17.31 bp | 41.7 bp −$42 | 252.8 bp −$2,528 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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.Bybit0.008658cheapest
BybitAevo0.008658cheapest
Orderly0.008659+0.012%Deribit0.008659+0.012%OKX0.008661+0.035%01 Exchange0.008662+0.046%Extended0.008664+0.068%Gate0.008666+0.092%KuCoin0.008666+0.092%SoDEX0.008666+0.092%MEXC0.008668+0.116%Backpack0.008668+0.116%Binance0.008669+0.125%GMX0.008669+0.127%Aster0.008670+0.133%Arcus0.008670+0.139%BingX0.008670+0.139%
Orderly
Deribit
OKX
Extended
Gate
KuCoin
SoDEX
MEXC
Backpack
Binance
GMX
Aster
Arcus
BingXgTrade (Gains Network)0.008670+0.140%
Nado0.008670+0.144%Lighter0.008672+0.162%dYdX0.008673+0.175%Kraken Futures0.008674+0.179%Pacifica0.008674+0.185%BloFin0.008675+0.196%Hyperliquid0.008676+0.208%Bitget0.008677+0.219%Reya0.008679+0.239%HTX0.008683+0.289%Variational Omni0.008694+0.410%ApeX Omni0.008700+0.485%Coinbase International0.008824+1.917%SunX0.008875+2.506%
Nado
Lighter
dYdX
Kraken Futures
Pacifica
BloFin
Hyperliquid
Bitget
Reya
HTX
Variational Omni
ApeX Omni
Coinbase International
SunXInjective0.009211+6.387%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.140% | +0.0100% | 4h | $21.7M | $21.4M | 75x | as long as short |
| Aevo PENGU-PERPshort | −0.140% | +0.0104% | 1h | $200K | $17K | 3x | |
| Orderly PERP_PENGU_USDC | −0.128% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.128% | −0.0212% | 1h | $22K | $4K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.105% | +0.0100% | 4h | $7.7M | $34.4M | 50x | as long as short |
| 01 Exchange PENGUUSD | −0.094% | −0.0056% | 1h | $167 | $28 | 5x | as long as short |
| Extended PENGU-USD | −0.071% | +0.0104% | 1h | $192K | $665K | 10x | as long as short |
| Gate PENGU_USDT | −0.047% | +0.0100% | 4h | $3.8M | $8.7M | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.047% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| SoDEX PENGU-USD | −0.047% | +0.0100% | 1h | $984 | $14K | 5x | as long as short |