Spread before costs (cost unknown: a leg has no order-book sample)−0.140%
7d average−0.039%if it closes, per $10,000$14funding while held, a day−$0.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENGUUSDTM | 0.008563 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $5.1M | $7.1M | 75x |
| Short | Orderly PERP_PENGU_USDC | 0.008551 | 0.0096 | get 0.0048% / 4h | 2h 08m | $16K | $182K | 20x |
KuCoin PENGUUSDTM
Orderly PERP_PENGU_USDCPrice 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
- −$14.01
- Funding while held
- −$0.11
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$32.12
- Spread needed to break even
- 0.180%
Slippage unknown: KuCoin: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.11
- 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 KuCoin live order book, 6 min ago | 2.33 bp | 21.1 bp −$21 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Aevo0.008546cheapestBybit0.008548+0.023%BingX0.008548+0.023%SoDEX0.008548+0.023%Deribit0.008550+0.047%Reya0.008551+0.055%GMX0.008551+0.059%
Aevo
Bybit
BingX
SoDEX
Deribit
Reya
GMXOrderly0.008551+0.059%
gTrade (Gains Network)0.008552+0.066%Extended0.008552+0.070%Gate0.008552+0.070%OKX0.008555+0.105%BloFin0.008555+0.105%Nado0.008555+0.108%Binance0.008556+0.117%MEXC0.008557+0.129%Lighter0.008558+0.140%Kraken Futures0.008560+0.163%Arcus0.008560+0.164%Bitget0.008560+0.164%
gTrade (Gains Network)
Extended
Gate
OKX
BloFin
Nado
Binance
MEXC
Lighter
Kraken Futures
Arcus
BitgetKuCoin0.008563+0.199%
Backpack0.008563+0.199%HTX0.008567+0.246%Pacifica0.008570+0.281%Variational Omni0.008570+0.284%Aster0.008572+0.300%01 Exchange0.008572+0.304%Hyperliquid0.008580+0.398%dYdX0.008582+0.422%ApeX Omni0.008594+0.562%Coinbase International0.008616+0.819%SunX0.008753+2.422%Injective0.008792+2.879%
Backpack
HTX
Pacifica
Variational Omni
Aster
Hyperliquid
dYdX
ApeX Omni
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PENGU-PERP | −0.199% | +0.0104% | 1h | $197K | $17K | 3x | as long as short |
| Bybit PENGUUSDT | −0.175% | +0.0100% | 4h | $21.8M | $27.3M | 75x | as long as short |
| BingX PENGU-USDC | −0.175% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| SoDEX PENGU-USD | −0.175% | +0.0100% | 1h | $966 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.152% | −0.0101% | 1h | $19K | $7K | 10x | as long as short |
| Reya PENGURUSDPERP | −0.144% | +0.0236% | 1h | $289 | — | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.140% | L +0.0489% / S −0.0675% | 1h | $107K | — | 100x | as long as short |
| Orderly PERP_PENGU_USDCshort | −0.140% | +0.0096% | 4h | $16K | $182K | 20x | |
| gTrade (Gains Network) PENGU/USD | −0.132% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Extended PENGU-USD | −0.129% | +0.0104% | 1h | $176K | $678K | 10x | as long as short |