Spread before costs (cost unknown: a leg has no order-book sample)−0.409%
7d average—if it closes, per $10,000$41funding while held, a day−$149.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENGU/USDC PERP | 0.008792 | 0.5000 | pay 0.0625% / 1h | 30m 30s | $3K | $91K | 5.5x |
| Short | Gate PENGU_USDT | 0.008756 | 0.0020 | get 0.0010% / 4h | 3h 30m | $3.7M | $11.9M | 75x |
Injective PENGU/USDC PERP
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
- −$40.95
- Funding while held
- −$149.4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$205.37
- Spread needed to break even
- 0.150%
Slippage unknown: Injective: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.4980%
- Per $10,000 a day
- −$149.40
- 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 Gate live order book, 5 min ago | 4.55 bp | 15.7 bp −$16 | 86.1 bp −$861 | doesn't fit | doesn't fit |
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.Gate0.008756cheapest
BingX0.008758+0.023%Bybit0.008759+0.034%OKX0.008761+0.057%Reya0.008763+0.079%Binance0.008765+0.103%Nado0.008766+0.111%Pacifica0.008766+0.114%MEXC0.008766+0.114%KuCoin0.008766+0.114%Arcus0.008770+0.160%Bitget0.008770+0.160%dYdX0.008770+0.163%Extended0.008771+0.173%Lighter0.008772+0.183%Hyperliquid0.008774+0.206%Aster0.008774+0.211%01 Exchange0.008775+0.217%Variational Omni0.008791+0.400%
BingX
Bybit
OKX
Reya
Binance
Nado
Pacifica
MEXC
KuCoin
Arcus
Bitget
dYdX
Extended
Lighter
Hyperliquid
Aster
Variational OmniInjective0.008792+0.411%
Backpack0.008806+0.571%ApeX Omni0.008810+0.617%BloFin0.008811+0.628%SoDEX0.008813+0.651%HTX0.008817+0.697%Kraken Futures0.008820+0.730%Aevo0.008827+0.811%Orderly0.008828+0.822%Deribit0.008829+0.834%GMX0.008830+0.845%gTrade (Gains Network)0.008830+0.849%Coinbase International0.008950+2.216%SunX0.009036+3.198%
Backpack
ApeX Omni
BloFin
SoDEX
HTX
Kraken Futures
Aevo
Orderly
Deribit
GMX
gTrade (Gains Network)
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDTshort | −0.409% | +0.0020% | 4h | $3.7M | $11.9M | 75x | |
| BingX PENGU-USDC | −0.387% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | −0.375% | +0.0100% | 4h | $23.1M | $25.5M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.353% | +0.0100% | 4h | $7.9M | $39.9M | 50x | as long as short |
| Reya PENGURUSDPERP | −0.331% | +0.0235% | 1h | $296 | — | 10x | as long as short |
| Binance PENGUUSDT | −0.307% | +0.0100% | 4h | $37.7M | $124.4M | 75x | as long as short |
| Nado PENGU-PERP | −0.299% | +0.0100% | 1h | $640K | $629K | 5x | as long as short |
| Pacifica PENGU | −0.296% | +0.0100% | 1h | $205K | $129K | 5x | as long as short |
| MEXC PENGU_USDT | −0.296% | +0.0100% | 4h | $11.7M | $10.7M | 125x | as long as short |
| KuCoin PENGUUSDTM | −0.296% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |