Spread before costs (cost unknown: a leg has no order-book sample)−0.023%
7d average—if it closes, per $10,000$2funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENGU | 0.008601 | 0.0096 | pay 0.0012% / 1h | 12m 50s | $309K | $488K | 8x |
| Short | SoDEX PENGU-USD | 0.008599 | 0.0100 | get 0.0013% / 1h | 12m 50s | $970 | $14K | 5x |
Lighter PENGU
SoDEX 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
- −$2.33
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$10.21
- Spread needed to break even
- 0.080%
Slippage unknown: Lighter: live order book, 19 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter live order book, 19 min ago | 4.05 bp | 24.8 bp −$25 | 86.2 bp −$862 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.Nado0.008581cheapestReya0.008587+0.072%BingX0.008591+0.117%BloFin0.008592+0.128%Pacifica0.008594+0.151%Aevo0.008595+0.163%Backpack0.008596+0.175%Extended0.008596+0.180%dYdX0.008597+0.183%Bybit0.008598+0.198%KuCoin0.008598+0.198%GMX0.008598+0.198%Orderly0.008598+0.198%Gate0.008599+0.210%
Nado
Reya
BingX
BloFin
Pacifica
Aevo
Backpack
Extended
dYdX
Bybit
KuCoin
GMX
Orderly
GateSoDEX0.008599+0.210%
gTrade (Gains Network)0.008599+0.216%Arcus0.008600+0.221%01 Exchange0.008600+0.221%
gTrade (Gains Network)
ArcusLighter0.008601+0.233%
Deribit0.008601+0.233%Aster0.008603+0.252%Kraken Futures0.008604+0.268%MEXC0.008604+0.268%Binance0.008605+0.280%ApeX Omni0.008605+0.280%HTX0.008605+0.280%OKX0.008608+0.315%Bitget0.008609+0.326%Hyperliquid0.008615+0.396%Variational Omni0.008631+0.585%Injective0.008792+2.459%SunX0.008805+2.610%Coinbase International0.008808+2.645%
Deribit
Aster
Kraken Futures
MEXC
Binance
ApeX Omni
HTX
OKX
Bitget
Hyperliquid
Variational Omni
Injective
SunX
Coinbase InternationalPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PENGU-PERP | −0.233% | +0.0100% | 1h | $630K | $678K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.161% | +0.0236% | 1h | $290 | — | 10x | as long as short |
| BingX PENGU-USDC | −0.116% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| BloFin PENGU-USDT | −0.105% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Pacifica PENGU | −0.081% | +0.0100% | 1h | $203K | $133K | 5x | as long as short |
| Aevo PENGU-PERP | −0.070% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| Backpack PENGU_USDC_PERP | −0.058% | +0.0100% | 1h | $304K | $306K | 10x | as long as short |
| Extended PENGU-USD | −0.053% | +0.0104% | 1h | $177K | $678K | 10x | as long as short |
| dYdX PENGU-USD | −0.050% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Bybit PENGUUSDT | −0.035% | +0.0100% | 4h | $21.9M | $27.2M | 75x | as long as short |