Spread before costs (cost unknown: a leg has no order-book sample)−0.165%
7d average—if it closes, per $10,000$16funding 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 | 0.008720 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 49m 54s | $33K | — | 150x |
| Short | SoDEX PENGU-USD | 0.008706 | 0.0100 | get 0.0013% / 1h | 49m 54s | $970 | $14K | 5x |
gTrade (Gains Network) PENGU/USD
SoDEX 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
- −$16.48
- Funding while held
- $2.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$31.69
- Spread needed to break even
- 0.180%
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and SoDEX: 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.ApeX Omni0.008652cheapestVariational Omni0.008694+0.484%Bybit0.008699+0.543%Backpack0.008701+0.566%Extended0.008701+0.569%Gate0.008702+0.578%Binance0.008703+0.589%MEXC0.008703+0.589%
ApeX Omni
Variational Omni
Bybit
Backpack
Extended
Gate
Binance
MEXCSoDEX0.008706+0.624%
OKX0.008708+0.647%KuCoin0.008708+0.647%BingX0.008708+0.647%Nado0.008709+0.659%Hyperliquid0.008709+0.659%Deribit0.008710+0.670%Lighter0.008711+0.682%Bitget0.008712+0.693%Kraken Futures0.008715+0.724%Aevo0.008715+0.728%Reya0.008717+0.752%Orderly0.008718+0.763%GMX0.008719+0.774%Aster0.008720+0.783%Arcus0.008720+0.786%
OKX
KuCoin
BingX
Nado
Hyperliquid
Deribit
Lighter
Bitget
Kraken Futures
Aevo
Reya
Orderly
GMX
Aster
ArcusgTrade (Gains Network)0.008720+0.790%
01 Exchange0.008724+0.832%Pacifica0.008726+0.855%dYdX0.008729+0.892%BloFin0.008733+0.936%HTX0.008750+1.133%Injective0.008792+1.618%Coinbase International0.008808+1.803%SunX0.008926+3.167%
Pacifica
dYdX
BloFin
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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.784% | −0.0829% | 1h | $79K | $253K | 50x | as long as short |
| Variational Omni PENGU | −0.304% | +0.0100% | 4h | $766K | $519K | — | as long as short |
| Bybit PENGUUSDT | −0.245% | +0.0100% | 4h | $22.1M | $26.7M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.222% | +0.0100% | 1h | $309K | $309K | 10x | as long as short |
| Extended PENGU-USD | −0.220% | +0.0104% | 1h | $179K | $676K | 10x | as long as short |
| Gate PENGU_USDT | −0.211% | −0.0082% | 4h | $3.6M | $12.7M | 75x | as long as short |
| Binance PENGUUSDT | −0.199% | +0.0100% | 4h | $36.9M | $126.8M | 75x | as long as short |
| MEXC PENGU_USDT | −0.199% | +0.0100% | 4h | $11.7M | $10.7M | 125x | as long as short |
| SoDEX PENGU-USDshort | −0.165% | +0.0100% | 1h | $970 | $14K | 5x | |
| OKX PENGU-USDT-SWAP | −0.142% | +0.0100% | 4h | $7.7M | $40.1M | 50x | as long as short |