Spread before costs (cost unknown: a leg has no order-book sample)−4.574%
7d average—if it closes, per $10,000$457funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENGU/USDC PERP | 0.009138 | 0.0033 | pay 0.0004% / 1h | 11m 14s | $3K | $116K | 5.5x |
| Short | Arcus PENGU-USD | 0.008720 | 0.0100 | get 0.0013% / 1h | 11m 14s | $4K | $9K | 5x |
Injective PENGU/USDC PERP
Arcus 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
- −$457.43
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$459.95
- Spread needed to break even
- 0.045%
Slippage unknown: Injective: no order-book sample; Arcus: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Injective and Arcus: 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.Variational Omni0.008663cheapest
ApeX Omni0.008692+0.337%BingX0.008703+0.464%Bybit0.008708+0.522%Gate0.008708+0.522%Reya0.008711+0.560%OKX0.008712+0.568%Extended0.008712+0.569%Aevo0.008714+0.591%SoDEX0.008714+0.591%Deribit0.008714+0.591%01 Exchange0.008715+0.603%Orderly0.008715+0.603%Binance0.008715+0.608%gTrade (Gains Network)0.008716+0.613%MEXC0.008717+0.626%GMX0.008717+0.626%KuCoin0.008719+0.649%Aster0.008719+0.655%
Variational Omni
ApeX Omni
BingX
Bybit
Gate
Reya
OKX
Extended
Aevo
SoDEX
Deribit
Orderly
Binance
gTrade (Gains Network)
MEXC
GMX
KuCoin
AsterArcus0.008720+0.661%
Hyperliquid0.008721+0.672%Bitget0.008722+0.684%BloFin0.008722+0.684%Kraken Futures0.008728+0.753%Pacifica0.008730+0.776%Lighter0.008732+0.799%Nado0.008733+0.805%dYdX0.008735+0.836%Backpack0.008746+0.961%HTX0.008753+1.042%Coinbase International0.008822+1.838%SunX0.008924+3.016%
Hyperliquid
Bitget
BloFin
Kraken Futures
Pacifica
Lighter
Nado
dYdX
Backpack
HTX
Coinbase International
SunXInjective0.009138+5.486%
PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −5.201% | +0.0100% | 4h | $677K | $335K | — | as long as short |
| ApeX Omni PENGUUSDT | −4.881% | +0.0100% | 1h | $75K | $251K | 50x | as long as short |
| BingX PENGU-USDC | −4.760% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | −4.706% | +0.0100% | 4h | $22.0M | $22.7M | 75x | as long as short |
| Gate PENGU_USDT | −4.706% | +0.0100% | 4h | $3.8M | $10.1M | 75x | as long as short |
| Reya PENGURUSDPERP | −4.670% | +0.0235% | 1h | $294 | — | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −4.662% | +0.0100% | 4h | $7.7M | $36.7M | 50x | as long as short |
| Extended PENGU-USD | −4.661% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Aevo PENGU-PERP | −4.640% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | −4.640% | +0.0100% | 1h | $983 | $14K | 5x | as long as short |