Spread before costs (cost unknown: a leg has no order-book sample)−0.033%
7d average—if it closes, per $10,000$3funding 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 | 0.008697 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 35m 28s | $33K | — | 150x |
| Short | Bitget PENGUUSDT | 0.008694 | 0.0100 | get 0.0050% / 4h | 1h 35m | $8.4M | $9.9M | 75x |
gTrade (Gains Network) PENGU/USD
Bitget PENGUUSDTPrice 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
- −$3.35
- Funding while held
- $2.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.56
- Spread needed to break even
- 0.220%
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 4 min ago. 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 Bitget live order book, 4 min ago | 2.29 bp | 12.3 bp −$12 | 24.8 bp −$248 | 100.3 bp −$10.0K | 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.Extended0.008686cheapestBybit0.008686+0.000%BingX0.008689+0.035%Arcus0.008690+0.046%KuCoin0.008692+0.069%Gate0.008693+0.081%OKX0.008694+0.092%
Extended
Bybit
BingX
Arcus
KuCoin
Gate
OKXBitget0.008694+0.092%
Binance0.008695+0.104%01 Exchange0.008696+0.116%MEXC0.008696+0.116%Reya0.008697+0.122%
Binance
MEXC
ReyagTrade (Gains Network)0.008697+0.126%
Pacifica0.008702+0.185%Hyperliquid0.008705+0.219%Lighter0.008707+0.242%dYdX0.008710+0.277%Aster0.008713+0.309%Variational Omni0.008717+0.355%Backpack0.008721+0.403%BloFin0.008725+0.449%GMX0.008730+0.507%Aevo0.008730+0.507%Orderly0.008731+0.518%SoDEX0.008731+0.518%Nado0.008733+0.547%Deribit0.008735+0.565%ApeX Omni0.008737+0.588%Kraken Futures0.008737+0.590%HTX0.008752+0.760%Injective0.008792+1.221%Coinbase International0.008859+1.992%SunX0.008946+2.994%
Pacifica
Hyperliquid
Lighter
dYdX
Aster
Variational Omni
Backpack
BloFin
GMX
Aevo
Orderly
SoDEX
Nado
Deribit
ApeX Omni
Kraken Futures
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 | |
|---|---|---|---|---|---|---|---|
| Extended PENGU-USD | −0.126% | +0.0104% | 1h | $179K | $678K | 10x | as long as short |
| Bybit PENGUUSDT | −0.125% | +0.0100% | 4h | $22.1M | $27.6M | 75x | as long as short |
| BingX PENGU-USDC | −0.091% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | −0.079% | +0.0100% | 1h | $19K | $23K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.056% | +0.0100% | 4h | $5.2M | $7.2M | 75x | as long as short |
| Gate PENGU_USDT | −0.045% | −0.0108% | 4h | $3.6M | $12.9M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.033% | +0.0100% | 4h | $8.1M | $41.0M | 50x | as long as short |
| Bitget PENGUUSDTshort | −0.033% | +0.0100% | 4h | $8.4M | $9.9M | 75x | |
| Binance PENGUUSDT | −0.022% | +0.0100% | 4h | $36.9M | $130.0M | 75x | as long as short |
| 01 Exchange PENGUUSD | −0.010% | +0.0168% | 1h | $199 | $59 | 5x | as long as short |