Spread before costs (cost unknown: a leg has no order-book sample)−0.173%
7d average—if it closes, per $10,000$17funding while held, a day−$15.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENGUUSD | 0.008548 | 0.0532 | pay 0.0066% / 1h | 38m 42s | $365K | $788K | 50x |
| Short | dYdX PENGU-USD | 0.008534 | 0 | get 0.0000% / 1h | 38m 42s | $10K | $1K | 5x |
Kraken Futures PF_PENGUUSD
dYdX 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
- −$17.31
- Funding while held
- −$15.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$53.26
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: live order book, 11 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0532%
- Per $10,000 a day
- −$15.95
- 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 Kraken Futures live order book, 11 min ago | 20.07 bp | 25.5 bp −$25 | 59.8 bp −$598 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.BingX0.008528cheapestArcus0.008530+0.023%Gate0.008530+0.023%OKX0.008531+0.035%KuCoin0.008531+0.035%Binance0.008532+0.041%Hyperliquid0.008533+0.059%Bybit0.008533+0.059%
BingX
Arcus
Gate
OKX
KuCoin
Binance
Hyperliquid
BybitdYdX0.008534+0.065%
Extended0.008534+0.069%MEXC0.008534+0.070%Backpack0.008535+0.082%Reya0.008535+0.083%Aster0.008535+0.087%Nado0.008536+0.094%Pacifica0.008537+0.106%01 Exchange0.008537+0.106%Deribit0.008539+0.129%Orderly0.008540+0.141%Aevo0.008540+0.141%Bitget0.008541+0.152%SoDEX0.008541+0.152%Lighter0.008542+0.164%BloFin0.008543+0.176%gTrade (Gains Network)0.008548+0.229%GMX0.008548+0.235%
Extended
MEXC
Backpack
Reya
Aster
Nado
Pacifica
Deribit
Orderly
Aevo
Bitget
SoDEX
Lighter
BloFin
gTrade (Gains Network)
GMXKraken Futures0.008548+0.239%
HTX0.008558+0.352%Variational Omni0.008587+0.688%ApeX Omni0.008635+1.255%Coinbase International0.008665+1.606%SunX0.008749+2.591%
HTX
Variational Omni
ApeX Omni
Coinbase International
SunXInjective0.009211+8.009%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.238% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | −0.215% | +0.0100% | 1h | $3K | $9K | 5x | as long as short |
| Gate PENGU_USDT | −0.215% | +0.0100% | 4h | $3.7M | $9.2M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.203% | +0.0100% | 4h | $7.4M | $34.4M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.203% | +0.0100% | 4h | $4.7M | $6.6M | 75x | as long as short |
| Binance PENGUUSDT | −0.197% | +0.0100% | 4h | $36.5M | $106.9M | 75x | as long as short |
| Hyperliquid PENGU | −0.180% | +0.0100% | 1h | $8.2M | $6.6M | 5x | as long as short |
| Bybit PENGUUSDT | −0.180% | +0.0100% | 4h | $21.4M | $21.7M | 75x | as long as short |
| dYdX PENGU-USDshort | −0.173% | 0.0000% | 1h | $10K | $1K | 5x | |
| Extended PENGU-USD | −0.170% | +0.0104% | 1h | $189K | $665K | 10x | as long as short |