Spread before costs (cost unknown: a leg has no order-book sample)−0.141%
7d average—if it closes, per $10,000$14funding while held, a day−$3.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENGU/USDC PERP | 0.008792 | 0.0033 | pay 0.0004% / 1h | 25m 48s | $3K | $24K | 5.5x |
| Short | Kraken Futures PF_PENGUUSD | 0.008780 | −0.0073 | pay 0.0009% / 1h | 25m 48s | $311K | $982K | 50x |
Injective PENGU/USDC PERP
Kraken Futures PF_PENGUUSDPrice 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
- −$14.1
- Funding while held
- −$3.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$27.31
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0106%
- Per $10,000 a day
- −$3.19
- 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 Kraken Futures live order book, 9 min ago | 6.87 bp | 18.1 bp −$18 | 36.0 bp −$360 | 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.Variational Omni0.008714cheapestApeX Omni0.008740+0.300%Bybit0.008743+0.334%OKX0.008748+0.391%Binance0.008751+0.426%MEXC0.008751+0.426%Pacifica0.008753+0.449%dYdX0.008757+0.497%Lighter0.008762+0.552%Gate0.008764+0.575%Extended0.008767+0.612%GMX0.008768+0.621%Bitget0.008769+0.632%BingX0.008769+0.632%Nado0.008769+0.632%Backpack0.008770+0.644%gTrade (Gains Network)0.008770+0.647%Reya0.008771+0.650%KuCoin0.008772+0.667%Hyperliquid0.008773+0.678%Orderly0.008773+0.678%Deribit0.008773+0.678%01 Exchange0.008774+0.690%Aevo0.008774+0.690%SoDEX0.008774+0.690%Aster0.008778+0.736%
Variational Omni
ApeX Omni
Bybit
OKX
Binance
MEXC
Pacifica
dYdX
Lighter
Gate
Extended
GMX
Bitget
BingX
Nado
Backpack
gTrade (Gains Network)
Reya
KuCoin
Hyperliquid
Orderly
Deribit
Aevo
SoDEX
AsterKraken Futures0.008780+0.754%
Arcus0.008780+0.759%BloFin0.008784+0.805%HTX0.008785+0.816%
Arcus
BloFin
HTXInjective0.008792+0.896%
Coinbase International0.008859+1.665%SunX0.008977+3.019%
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.888% | +0.0100% | 4h | $776K | $526K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.591% | +0.0100% | 1h | $80K | $252K | 50x | as long as short |
| Bybit PENGUUSDT | −0.557% | +0.0100% | 4h | $22.3M | $27.7M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.500% | +0.0100% | 4h | $8.1M | $41.4M | 50x | as long as short |
| Binance PENGUUSDT | −0.466% | +0.0100% | 4h | $37.2M | $130.3M | 75x | as long as short |
| MEXC PENGU_USDT | −0.466% | +0.0100% | 4h | $11.3M | $10.8M | 125x | as long as short |
| Pacifica PENGU | −0.444% | +0.0100% | 1h | $207K | $133K | 5x | as long as short |
| dYdX PENGU-USD | −0.396% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| Lighter PENGU | −0.341% | +0.0096% | 1h | $316K | $493K | 8x | as long as short |
| Gate PENGU_USDT | −0.318% | −0.0086% | 4h | $3.6M | $12.9M | 75x | as long as short |