Spread before costs (cost unknown: a leg has no order-book sample)+0.576%
7d average—if it closes, per $10,000$58funding while held, a day+$8.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENGU_USDT | 0.008677 | −0.0050 | get 0.0025% / 4h | 3h 25m | $3.7M | $12.0M | 75x |
| Short | 01 Exchange PENGUUSD | 0.008727 | 0.0248 | get 0.0031% / 1h | 25m 06s | $168 | $28 | 5x |
Gate PENGU_USDTPrice 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
- $57.62
- Funding while held
- $8.94
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $44.56
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0298%
- Per $10,000 a day
- +$8.94
- 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, 5 min ago | 3.43 bp | 13.5 bp −$13 | 56.7 bp −$567 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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.Bybit0.008668cheapestBingX0.008670+0.023%Backpack0.008670+0.023%Binance0.008671+0.035%OKX0.008674+0.069%
Bybit
BingX
Backpack
Binance
OKXGate0.008677+0.104%
Bitget0.008678+0.115%KuCoin0.008679+0.127%MEXC0.008681+0.150%Hyperliquid0.008684+0.185%BloFin0.008696+0.323%Lighter0.008698+0.346%Aevo0.008705+0.427%Aster0.008706+0.437%Orderly0.008706+0.438%Deribit0.008706+0.438%Kraken Futures0.008706+0.444%Extended0.008707+0.446%SoDEX0.008707+0.450%Variational Omni0.008708+0.457%GMX0.008709+0.473%gTrade (Gains Network)0.008711+0.492%Reya0.008712+0.507%Nado0.008719+0.588%dYdX0.008724+0.646%Pacifica0.008725+0.658%HTX0.008726+0.669%Arcus0.008730+0.715%ApeX Omni0.008750+0.946%Injective0.008792+1.431%SunX0.008911+2.803%Coinbase International0.008950+3.253%
Bitget
KuCoin
MEXC
Hyperliquid
BloFin
Lighter
Aevo
Aster
Orderly
Deribit
Kraken Futures
Extended
SoDEX
Variational Omni
GMX
gTrade (Gains Network)
Reya
Nado
dYdX
Pacifica
HTX
Arcus
ApeX 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 | −0.104% | +0.0100% | 4h | $22.9M | $26.0M | 75x | as long as short |
| BingX PENGU-USDT | −0.081% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Backpack PENGU_USDC_PERP | −0.081% | +0.0100% | 1h | $306K | $305K | 10x | as long as short |
| Binance PENGUUSDT | −0.069% | +0.0100% | 4h | $37.2M | $125.1M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.035% | +0.0100% | 4h | $7.7M | $39.7M | 50x | as long as short |
| Gate PENGU_USDTlong | 0.000% | −0.0050% | 4h | $3.7M | $12.0M | 75x | |
| Bitget PENGUUSDT | +0.012% | +0.0100% | 4h | $8.5M | $9.3M | 75x | as long as short |
| KuCoin PENGUUSDTM | +0.023% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| MEXC PENGU_USDT | +0.046% | +0.0100% | 4h | $11.5M | $10.8M | 125x | as long as short |
| Hyperliquid PENGU | +0.081% | +0.0567% | 1h | $9.7M | $9.4M | 5x | as long as short |