Spread before costs (cost unknown: a leg has no order-book sample)−0.049%
7d average—if it closes, per $10,000$5funding while held, a day+$12.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENGU_USDT | 0.008528 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $3.7M | $8.0M | 75x |
| Short | dYdX PENGU-USD | 0.008524 | 0.0506 | get 0.0063% / 1h | 2m 15s | $10K | $998 | 5x |
Gate PENGU_USDT
dYdX 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
- −$4.93
- Funding while held
- $12.19
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$17.74
- Spread needed to break even
- 0.250%
Slippage unknown: Gate: live order book, 3 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0406%
- Per $10,000 a day
- +$12.19
- 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 Gate live order book, 3 min ago | 4.70 bp | 17.2 bp −$17 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Injective0.007874cheapest
Backpack0.008491+7.836%BloFin0.008498+7.925%Variational Omni0.008501+7.962%SoDEX0.008504+8.001%Kraken Futures0.008512+8.102%HTX0.008513+8.115%Extended0.008515+8.144%Aevo0.008516+8.153%Deribit0.008517+8.166%Pacifica0.008519+8.192%01 Exchange0.008520+8.204%Bybit0.008521+8.217%Lighter0.008523+8.242%KuCoin0.008523+8.242%
Injective
Backpack
BloFin
Variational Omni
SoDEX
Kraken Futures
HTX
Extended
Aevo
Deribit
Pacifica
Bybit
Lighter
KuCoindYdX0.008524+8.252%
Bitget0.008524+8.255%OKX0.008526+8.280%Aster0.008526+8.282%
Bitget
OKX
AsterGate0.008528+8.306%
Orderly0.008528+8.306%Arcus0.008530+8.331%MEXC0.008530+8.331%BingX0.008530+8.331%ApeX Omni0.008530+8.331%Binance0.008531+8.343%Reya0.008533+8.367%gTrade (Gains Network)0.008533+8.369%Nado0.008533+8.369%GMX0.008533+8.369%Hyperliquid0.008540+8.458%Coinbase International0.008600+9.220%SunX0.008718+10.719%
Orderly
Arcus
MEXC
BingX
ApeX Omni
Binance
Reya
gTrade (Gains Network)
Nado
GMX
Hyperliquid
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −7.669% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.434% | +0.0100% | 1h | $293K | $257K | 10x | as long as short |
| BloFin PENGU-USDT | −0.352% | +0.0340% | 4h | $1.5M | $854K | 75x | as long as short |
| Variational Omni PENGU | −0.317% | +0.0100% | 4h | $684K | $284K | — | as long as short |
| SoDEX PENGU-USD | −0.281% | +0.0100% | 1h | $960 | $14K | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.188% | +0.0637% | 1h | $365K | $764K | 50x | as long as short |
| HTX PENGU-USDT | −0.176% | +0.0100% | 4h | $95K | $181K | 25x | as long as short |
| Extended PENGU-USD | −0.149% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| Aevo PENGU-PERP | −0.141% | +0.0104% | 1h | $197K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.129% | −0.0102% | 1h | $21K | $4K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica PENGU | −0.106% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.094% | −0.0064% | 1h | $164 | $28 | 5x | as long as short |
| Bybit PENGUUSDT | −0.082% | +0.0100% | 4h | $21.1M | $20.3M | 75x | as long as short |
| Lighter PENGU | −0.059% | +0.0096% | 1h | $298K | $439K | 8x | as long as short |
| KuCoin PENGUUSDTM | −0.059% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| dYdX PENGU-USDshort | −0.049% | +0.0506% | 1h | $10K | $998 | 5x | |
| Bitget PENGUUSDT | −0.047% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.023% | +0.0100% | 4h | $7.2M | $31.9M | 50x | as long as short |
| Aster PENGUUSDT | −0.022% | +0.0100% | 4h | $170K | $314K | 20x | as long as short |
| Gate PENGU_USDTlong | 0.000% | +0.0100% | 4h | $3.7M | $8.0M | 75x | |
| Orderly PERP_PENGU_USDC | 0.000% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Arcus PENGU-USD | +0.023% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| MEXC PENGU_USDT | +0.023% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
| BingX PENGU-USDT | +0.023% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| ApeX Omni PENGUUSDT | +0.023% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| Binance PENGUUSDT | +0.034% | +0.0100% | 4h | $36.9M | $99.3M | 75x | as long as short |
| Reya PENGURUSDPERP | +0.057% | +0.0235% | 1h | $288 | — | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.058% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Nado PENGU-PERP | +0.059% | +0.0100% | 1h | $220K | $278K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.059% | L +0.0387% / S −0.0364% | 1h | $84K | — | 100x | as long as short |
| Hyperliquid PENGU | +0.141% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.844% | +0.2088% | 1h | $83K | $188K | 50x | as long as short |
| SunX PENGU-USDT | +2.228% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |