Spread before costs (cost unknown: a leg has no order-book sample)+0.005%
7d average—if it closes, per $10,000$1funding while held, a day−$1.53
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENGUUSD | 0.008685 | 0.0286 | pay 0.0036% / 1h | 51m 36s | $357K | $844K | 50x |
| Short | Reya PENGURUSDPERP | 0.008685 | 0.0235 | get 0.0029% / 1h | 51m 36s | $293 | — | 10x |
Kraken Futures PF_PENGUUSD
Reya PENGURUSDPERPPrice 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
- $0.52
- Funding while held
- −$1.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$17.01
- Spread needed to break even
- 0.160%
Slippage unknown: Kraken Futures: live order book, 53 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0051%
- Per $10,000 a day
- −$1.53
- 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, 53 min ago | 13.38 bp | 46.7 bp −$47 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 Omni0.008570cheapestApeX Omni0.008652+0.952%BloFin0.008655+0.987%Aevo0.008676+1.232%SoDEX0.008679+1.267%Deribit0.008683+1.314%Orderly0.008684+1.326%
Variational Omni
ApeX Omni
BloFin
Aevo
SoDEX
Deribit
OrderlyKraken Futures0.008685+1.333%
Reya0.008685+1.338%
GMX0.008686+1.349%gTrade (Gains Network)0.008686+1.351%HTX0.008690+1.396%Gate0.008695+1.454%BingX0.008695+1.454%MEXC0.008697+1.477%Backpack0.008697+1.477%dYdX0.008700+1.508%Extended0.008701+1.525%Aster0.008703+1.546%Lighter0.008703+1.547%Pacifica0.008703+1.547%KuCoin0.008704+1.559%Hyperliquid0.008707+1.594%Arcus0.008710+1.629%Bitget0.008710+1.629%Binance0.008718+1.722%Nado0.008718+1.722%Bybit0.008718+1.722%OKX0.008723+1.781%01 Exchange0.008723+1.781%Coinbase International0.008738+1.956%Injective0.008792+2.586%SunX0.008895+3.788%
GMX
gTrade (Gains Network)
HTX
Gate
BingX
MEXC
Backpack
dYdX
Extended
Aster
Lighter
Pacifica
KuCoin
Hyperliquid
Arcus
Bitget
Binance
Nado
Bybit
OKX
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −1.315% | +0.0100% | 4h | $764K | $514K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.376% | −0.0829% | 1h | $79K | $253K | 50x | as long as short |
| BloFin PENGU-USDT | −0.341% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Aevo PENGU-PERP | −0.099% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | −0.065% | +0.0100% | 1h | $969 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.019% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.007% | +0.0098% | 4h | $16K | $184K | 20x | as long as short |
| Kraken Futures PF_PENGUUSDlong | 0.000% | +0.0286% | 1h | $357K | $844K | 50x | |
| Reya PENGURUSDPERPshort | +0.005% | +0.0235% | 1h | $293 | — | 10x | |
| GMX PENGU/USD [WBTC.b-USDC] | +0.016% | L +0.0494% / S −0.0679% | 1h | $109K | — | 100x | as long as short |