Spread before costs (cost unknown: a leg has no order-book sample)+0.537%
7d average—if it closes, per $10,000$54funding while held, a day+$147.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PENGU-USDT | 0.008745 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $96K | $221K | 25x |
| Short | Injective PENGU/USDC PERP | 0.008792 | 0.5000 | get 0.0625% / 1h | 25m 39s | $3K | $91K | 5.5x |
Price 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
- $53.74
- Funding while held
- $147
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $188.72
- Spread needed to break even
- 0.120%
Slippage unknown: HTX: live order book, 49 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.4900%
- Per $10,000 a day
- +$147.00
- 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 HTX live order book, 49 min ago | 5.74 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.427% | +0.0100% | 4h | $678K | $389K | — | as long as short |
| Bybit PENGUUSDT | −0.412% | +0.0100% | 4h | $23.0M | $25.7M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.389% | +0.0100% | 4h | $7.8M | $39.8M | 50x | as long as short |
| Binance PENGUUSDT | −0.319% | +0.0100% | 4h | $37.4M | $124.9M | 75x | as long as short |
| Nado PENGU-PERP | −0.297% | +0.0100% | 1h | $636K | $627K | 5x | as long as short |
| Orderly PERP_PENGU_USDC | −0.286% | +0.0098% | 4h | $16K | $186K | 20x | as long as short |
| Aevo PENGU-PERP | −0.286% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| BingX PENGU-USDC | −0.274% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.274% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Gate PENGU_USDT | −0.263% | −0.0050% | 4h | $3.7M | $12.0M | 75x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC PENGU_USDT | −0.263% | +0.0100% | 4h | $11.6M | $10.8M | 125x | as long as short |
| dYdX PENGU-USD | −0.240% | +0.9591% | 1h | $12K | $4K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.240% | +0.0100% | 4h | $5.2M | $7.0M | 75x | as long as short |
| SoDEX PENGU-USD | −0.240% | +0.0100% | 1h | $981 | $14K | 5x | as long as short |
| Pacifica PENGU | −0.229% | +0.0100% | 1h | $204K | $129K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.229% | +0.0100% | 1h | $308K | $307K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.216% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Aster PENGUUSDT | −0.214% | +0.0100% | 4h | $180K | $338K | 20x | as long as short |
| Lighter PENGU | −0.206% | +0.0096% | 1h | $311K | $471K | 8x | as long as short |
| 01 Exchange PENGUUSD | −0.206% | +0.0248% | 1h | $168 | $28 | 5x | as long as short |
| Arcus PENGU-USD | −0.172% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.160% | L +0.0495% / S −0.0660% | 1h | $110K | — | 100x | as long as short |
| Extended PENGU-USD | −0.141% | +0.0104% | 1h | $181K | $677K | 10x | as long as short |
| Hyperliquid PENGU | −0.114% | +0.0578% | 1h | $9.8M | $9.4M | 5x | as long as short |
| Bitget PENGUUSDT | −0.114% | +0.0100% | 4h | $8.5M | $9.3M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.104% | +0.0121% | 1h | $366K | $853K | 50x | as long as short |
| Reya PENGURUSDPERP | −0.100% | +0.0235% | 1h | $295 | — | 10x | as long as short |
| BloFin PENGU-USDT | −0.034% | +0.0340% | 4h | $1.6M | $1.5M | 75x | as long as short |
| HTX PENGU-USDTlong | 0.000% | +0.0100% | 4h | $96K | $221K | 25x | |
| ApeX Omni PENGUUSDT | +0.057% | +0.0100% | 1h | $80K | $253K | 50x | as long as short |
| Injective PENGU/USDC PERPshort | +0.537% | +0.5000% | 1h | $3K | $91K | 5.5x | |
| SunX PENGU-USDT | +2.081% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |
| Coinbase International PENGU-PERP-INTX | +2.344% | +0.2912% | 1h | $95K | $133K | 50x | as long as short |
HTX PENGU-USDT
Injective PENGU/USDC PERP
Variational Omni
Bybit
OKX
Binance
BingX
Deribit
Gate
MEXC
KuCoin
SoDEX
Pacifica
Backpack
gTrade (Gains Network)
Aster
Lighter
GMX
Extended
Hyperliquid
Bitget
Kraken Futures
BloFin
ApeX Omni
SunX
Coinbase International