Spread before costs (cost unknown: a leg has no order-book sample)+0.048%
7d average—if it closes, per $10,000$5funding 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 | 0.008594 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 12m 12s | $33K | — | 150x |
| Short | Nado PENGU-PERP | 0.008598 | 0.0100 | get 0.0013% / 1h | 12m 12s | $630K | $679K | 5x |
gTrade (Gains Network) PENGU/USD
Nado 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
- $4.76
- Funding while held
- $2.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$9.45
- Spread needed to break even
- 0.170%
Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 27 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 Nado live order book, 27 min ago | 1.16 bp | 11.0 bp −$11 | 27.1 bp −$271 | 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.Bybit0.008578cheapestGate0.008584+0.070%Extended0.008585+0.081%OKX0.008585+0.082%Aevo0.008585+0.082%BingX0.008587+0.105%SoDEX0.008587+0.105%Binance0.008588+0.117%Orderly0.008588+0.117%Deribit0.008588+0.117%Reya0.008589+0.130%MEXC0.008590+0.140%Lighter0.008591+0.152%Bitget0.008591+0.152%GMX0.008592+0.163%BloFin0.008592+0.163%Kraken Futures0.008593+0.176%
Bybit
Gate
Extended
OKX
Aevo
BingX
SoDEX
Binance
Orderly
Deribit
Reya
MEXC
Lighter
Bitget
GMX
BloFin
Kraken FuturesgTrade (Gains Network)0.008594+0.183%
KuCoin0.008596+0.210%Backpack0.008596+0.210%
KuCoin
BackpackNado0.008598+0.230%
Aster0.008599+0.247%Arcus0.008600+0.256%Hyperliquid0.008603+0.291%01 Exchange0.008603+0.291%HTX0.008604+0.303%ApeX Omni0.008605+0.315%Pacifica0.008607+0.338%dYdX0.008611+0.386%Variational Omni0.008631+0.621%Injective0.008792+2.495%SunX0.008798+2.565%Coinbase International0.008808+2.681%
Aster
Arcus
Hyperliquid
HTX
ApeX Omni
Pacifica
dYdX
Variational Omni
Injective
SunX
Coinbase InternationalPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.182% | +0.0100% | 4h | $21.8M | $27.2M | 75x | as long as short |
| Gate PENGU_USDT | −0.112% | −0.0162% | 4h | $3.5M | $12.9M | 75x | as long as short |
| Extended PENGU-USD | −0.102% | +0.0104% | 1h | $177K | $678K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.101% | +0.0100% | 4h | $7.8M | $39.7M | 50x | as long as short |
| Aevo PENGU-PERP | −0.101% | +0.0104% | 1h | $198K | $17K | 3x | as long as short |
| BingX PENGU-USDT | −0.077% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| SoDEX PENGU-USD | −0.077% | +0.0100% | 1h | $966 | $14K | 5x | as long as short |
| Binance PENGUUSDT | −0.066% | +0.0100% | 4h | $36.3M | $128.1M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.066% | +0.0096% | 4h | $16K | $182K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.066% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PENGURUSDPERP | −0.052% | +0.0236% | 1h | $290 | — | 10x | as long as short |
| MEXC PENGU_USDT | −0.043% | +0.0100% | 4h | $11.3M | $10.9M | 125x | as long as short |
| Lighter PENGU | −0.031% | +0.0096% | 1h | $308K | $488K | 8x | as long as short |
| Bitget PENGUUSDT | −0.031% | +0.0100% | 4h | $8.4M | $9.7M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.019% | L +0.0491% / S −0.0678% | 1h | $108K | — | 100x | as long as short |
| BloFin PENGU-USDT | −0.019% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.007% | +0.0290% | 1h | $313K | $954K | 50x | as long as short |
| gTrade (Gains Network) PENGU/USDlong | 0.000% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | |
| KuCoin PENGUUSDTM | +0.027% | +0.0100% | 4h | $5.1M | $7.1M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.027% | +0.0100% | 1h | $304K | $306K | 10x | as long as short |
| Nado PENGU-PERPshort | +0.048% | +0.0100% | 1h | $630K | $679K | 5x | |
| Aster PENGUUSDT | +0.065% | +0.0100% | 4h | $204K | $340K | 20x | as long as short |
| Arcus PENGU-USD | +0.074% | +0.0100% | 1h | $19K | $23K | 5x | as long as short |
| Hyperliquid PENGU | +0.109% | +0.0100% | 1h | $9.7M | $11.9M | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.109% | +0.0200% | 1h | $166 | $28 | 5x | as long as short |
| HTX PENGU-USDT | +0.120% | +0.0100% | 4h | $99K | $207K | 25x | as long as short |
| ApeX Omni PENGUUSDT | +0.132% | +0.0100% | 1h | $79K | $253K | 50x | as long as short |
| Pacifica PENGU | +0.155% | +0.0100% | 1h | $203K | $133K | 5x | as long as short |
| dYdX PENGU-USD | +0.203% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Variational Omni PENGU | +0.437% | +0.0100% | 4h | $770K | $529K | — | as long as short |
| Injective PENGU/USDC PERP | +2.308% | +0.4551% | 1h | $3K | $51K | 5.5x | as long as short |
| SunX PENGU-USDT | +2.378% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |
| Coinbase International PENGU-PERP-INTX | +2.494% | +0.2968% | 1h | $93K | $128K | 50x | as long as short |