Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average—if it closes, per $10,000$2funding while held, a day+$4.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENGUUSDTM | 0.008628 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $5.1M | $7.2M | 75x |
| Short | Reya PENGURUSDPERP | 0.008626 | 0.0236 | get 0.0029% / 1h | 48m 44s | $291 | — | 10x |
KuCoin PENGUUSDTM
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
- −$2.47
- Funding while held
- $4.07
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$16.4
- Spread needed to break even
- 0.180%
Slippage unknown: KuCoin: live order book, 6 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0136%
- Per $10,000 a day
- +$4.07
- 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 | 2.89 bp | 20.5 bp −$21 | 55.8 bp −$558 | 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.Bybit0.008622cheapestGate0.008624+0.023%Extended0.008625+0.039%
Bybit
Gate
ExtendedReya0.008626+0.045%
MEXC0.008627+0.058%Backpack0.008627+0.058%Aevo0.008627+0.058%SoDEX0.008627+0.058%Binance0.008627+0.059%Nado0.008627+0.064%
MEXC
Backpack
Aevo
SoDEX
Binance
NadoKuCoin0.008628+0.070%
GMX0.008628+0.070%dYdX0.008628+0.072%BingX0.008629+0.081%gTrade (Gains Network)0.008629+0.081%Deribit0.008629+0.081%Aster0.008630+0.088%Pacifica0.008630+0.093%Arcus0.008630+0.093%BloFin0.008630+0.093%Bitget0.008631+0.104%Orderly0.008631+0.104%Lighter0.008632+0.116%01 Exchange0.008632+0.116%OKX0.008633+0.128%Kraken Futures0.008635+0.148%Hyperliquid0.008638+0.186%ApeX Omni0.008638+0.186%Variational Omni0.008641+0.217%HTX0.008647+0.290%Coinbase International0.008761+1.612%Injective0.008792+1.972%SunX0.008834+2.459%
GMX
dYdX
BingX
gTrade (Gains Network)
Deribit
Aster
Pacifica
Arcus
BloFin
Bitget
Orderly
Lighter
OKX
Kraken Futures
Hyperliquid
ApeX Omni
Variational Omni
HTX
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.070% | +0.0100% | 4h | $22.0M | $27.5M | 75x | as long as short |
| Gate PENGU_USDT | −0.046% | −0.0110% | 4h | $3.5M | $12.9M | 75x | as long as short |
| Extended PENGU-USD | −0.031% | +0.0104% | 1h | $177K | $678K | 10x | as long as short |
| Reya PENGURUSDPERPshort | −0.025% | +0.0236% | 1h | $291 | — | 10x | |
| MEXC PENGU_USDT | −0.012% | +0.0100% | 4h | $11.2M | $10.7M | 125x | as long as short |
| Backpack PENGU_USDC_PERP | −0.012% | +0.0100% | 1h | $305K | $305K | 10x | as long as short |
| Aevo PENGU-PERP | −0.012% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | −0.012% | +0.0100% | 1h | $973 | $14K | 5x | as long as short |
| Binance PENGUUSDT | −0.011% | +0.0100% | 4h | $36.4M | $129.2M | 75x | as long as short |
| Nado PENGU-PERP | −0.006% | +0.0100% | 1h | $629K | $682K | 5x | as long as short |