Spread before costs (cost unknown: a leg has no order-book sample)−0.046%
7d average−0.304%if it closes, per $10,000$5funding while held, a day−$0.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PENGU-USDT | 0.008716 | 0.0100 | pay 0.0050% / 4h | 9m 58s | $97K | $182K | 25x |
| Short | Orderly PERP_PENGU_USDC | 0.008712 | 0.0098 | get 0.0049% / 4h | 9m 58s | $21K | $179K | 20x |
HTX PENGU-USDT
Orderly PERP_PENGU_USDCPrice 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
- −$4.59
- Funding while held
- −$0.06
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$22.65
- Spread needed to break even
- 0.180%
Slippage unknown: HTX: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.06
- 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, 5 min ago | 5.74 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 Omni0.008692cheapestArcus0.008700+0.092%01 Exchange0.008700+0.092%Nado0.008703+0.121%Bybit0.008704+0.138%Reya0.008704+0.142%Gate0.008706+0.161%OKX0.008707+0.173%Aevo0.008708+0.184%Extended0.008708+0.188%KuCoin0.008709+0.196%BingX0.008710+0.207%Backpack0.008710+0.207%SoDEX0.008710+0.207%Deribit0.008710+0.207%Binance0.008711+0.215%Aster0.008711+0.217%GMX0.008712+0.230%
ApeX Omni
Arcus
Nado
Bybit
Reya
Gate
OKX
Aevo
Extended
KuCoin
BingX
Backpack
SoDEX
Deribit
Binance
Aster
GMXOrderly0.008712+0.230%
gTrade (Gains Network)0.008713+0.238%Lighter0.008713+0.242%MEXC0.008713+0.242%BloFin0.008713+0.242%
gTrade (Gains Network)
Lighter
MEXC
BloFinHTX0.008716+0.276%
Hyperliquid0.008717+0.288%Bitget0.008717+0.288%Kraken Futures0.008720+0.316%Pacifica0.008721+0.334%dYdX0.008727+0.403%Variational Omni0.008742+0.576%Coinbase International0.008822+1.496%SunX0.008918+2.600%Injective0.009138+5.131%
Hyperliquid
Bitget
Kraken Futures
Pacifica
dYdX
Variational Omni
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.275% | +0.0100% | 1h | $75K | $251K | 50x | as long as short |
| Arcus PENGU-USD | −0.184% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.184% | −0.0080% | 1h | $168 | $28 | 5x | as long as short |
| Nado PENGU-PERP | −0.155% | +0.0100% | 1h | $510K | $504K | 5x | as long as short |
| Bybit PENGUUSDT | −0.138% | +0.0100% | 4h | $21.9M | $22.7M | 75x | as long as short |
| Reya PENGURUSDPERP | −0.134% | +0.0235% | 1h | $294 | — | 10x | as long as short |
| Gate PENGU_USDT | −0.115% | +0.0098% | 4h | $3.8M | $10.1M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.103% | +0.0100% | 4h | $7.7M | $36.8M | 50x | as long as short |
| Aevo PENGU-PERP | −0.092% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.088% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |