Spread before costs (cost unknown: a leg has no order-book sample)−0.070%
7d average—if it closes, per $10,000$7funding while held, a day+$2.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PENGU/USD | 0.008656 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 18m 49s | $33K | — | 150x |
| Short | Arcus PENGU-USD | 0.008650 | 0.0100 | get 0.0013% / 1h | 18m 49s | $19K | $23K | 5x |
gTrade (Gains Network) PENGU/USD
Arcus PENGU-USDPrice 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
- −$7.04
- Funding while held
- $2.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$18.75
- Spread needed to break even
- 0.145%
Slippage unknown: gTrade (Gains Network): no order-book sample; Arcus: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0093%
- Per $10,000 a day
- +$2.79
- 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 Arcus no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Arcus: 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.Bybit0.008633cheapestGate0.008636+0.035%Extended0.008638+0.056%MEXC0.008639+0.070%BingX0.008639+0.070%Binance0.008642+0.104%OKX0.008642+0.104%KuCoin0.008642+0.104%Bitget0.008643+0.116%Backpack0.008644+0.127%Pacifica0.008645+0.139%Nado0.008646+0.156%SoDEX0.008647+0.162%Aevo0.008648+0.174%Lighter0.008649+0.185%Aster0.008649+0.185%
Bybit
Gate
Extended
MEXC
BingX
Binance
OKX
KuCoin
Bitget
Backpack
Pacifica
Nado
SoDEX
Aevo
Lighter
AsterArcus0.008650+0.197%
BloFin0.008650+0.197%Orderly0.008651+0.209%Deribit0.008651+0.209%Reya0.008653+0.230%Hyperliquid0.008653+0.232%dYdX0.008653+0.234%GMX0.008656+0.266%
BloFin
Orderly
Deribit
Reya
Hyperliquid
dYdX
GMXgTrade (Gains Network)0.008656+0.267%
Kraken Futures0.008657+0.283%01 Exchange0.008659+0.301%HTX0.008662+0.336%Variational Omni0.008679+0.536%ApeX Omni0.008680+0.544%Injective0.008792+1.842%Coinbase International0.008808+2.027%SunX0.008862+2.653%
Kraken Futures
HTX
Variational Omni
ApeX Omni
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.267% | +0.0100% | 4h | $22.0M | $27.0M | 75x | as long as short |
| Gate PENGU_USDT | −0.232% | −0.0148% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Extended PENGU-USD | −0.211% | +0.0104% | 1h | $179K | $678K | 10x | as long as short |
| MEXC PENGU_USDT | −0.197% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| BingX PENGU-USDT | −0.197% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Binance PENGUUSDT | −0.163% | +0.0100% | 4h | $36.6M | $127.8M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.163% | +0.0100% | 4h | $7.8M | $39.9M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.163% | +0.0100% | 4h | $5.1M | $7.1M | 75x | as long as short |
| Bitget PENGUUSDT | −0.151% | +0.0100% | 4h | $8.4M | $9.7M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.140% | +0.0100% | 1h | $306K | $306K | 10x | as long as short |