Spread before costs (cost unknown: a leg has no order-book sample)−0.259%
7d average−0.060%if it closes, per $10,000$26funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENGU | 0.008523 | 0.0096 | pay 0.0012% / 1h | 2m 39s | $298K | $439K | 8x |
| Short | Variational Omni PENGU | 0.008501 | 0.0100 | get 0.0050% / 4h | 1h 02m | $684K | $284K | — |
Lighter PENGU
Variational Omni PENGUPrice 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
- −$25.9
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$25.78
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter: live order book, 44 min ago; Variational Omni: RFQ quote, 53 min ago. 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, 44 min ago | 4.85 bp | 9.2 bp −$9 | 74.8 bp −$748 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 3.63 bp | doesn't fit | 32.7 bp −$327 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
Extended0.008484+7.750%Deribit0.008488+7.798%Orderly0.008490+7.823%Backpack0.008491+7.836%Reya0.008492+7.846%Aevo0.008493+7.861%gTrade (Gains Network)0.008494+7.872%Gate0.008494+7.874%GMX0.008494+7.874%SoDEX0.008494+7.874%Nado0.008494+7.880%Aster0.008496+7.897%BloFin0.008498+7.925%
Injective
Extended
Deribit
Orderly
Backpack
Reya
Aevo
gTrade (Gains Network)
Gate
GMX
SoDEX
Nado
Aster
BloFinVariational Omni0.008501+7.962%
Kraken Futures0.008501+7.966%Hyperliquid0.008503+7.988%01 Exchange0.008507+8.039%HTX0.008507+8.039%Bybit0.008508+8.052%Arcus0.008510+8.077%OKX0.008514+8.128%BingX0.008514+8.128%MEXC0.008515+8.141%Pacifica0.008519+8.192%Binance0.008520+8.210%
Kraken Futures
Hyperliquid
HTX
Bybit
Arcus
OKX
BingX
MEXC
Pacifica
BinanceLighter0.008523+8.242%
Bitget0.008523+8.242%dYdX0.008524+8.252%KuCoin0.008526+8.280%ApeX Omni0.008530+8.331%Coinbase International0.008600+9.220%SunX0.008698+10.465%
Bitget
dYdX
KuCoin
ApeX Omni
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −7.615% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Extended PENGU-USD | −0.454% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.411% | −0.0221% | 1h | $21K | $4K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.387% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | −0.375% | +0.0100% | 1h | $293K | $257K | 10x | as long as short |
| Reya PENGURUSDPERP | −0.366% | +0.0235% | 1h | $287 | — | 10x | as long as short |
| Aevo PENGU-PERP | −0.352% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.342% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Gate PENGU_USDT | −0.340% | +0.0100% | 4h | $3.6M | $8.0M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.340% | L +0.0386% / S −0.0364% | 1h | $84K | — | 100x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX PENGU-USD | −0.340% | +0.0100% | 1h | $957 | $14K | 5x | as long as short |
| Nado PENGU-PERP | −0.334% | +0.0100% | 1h | $219K | $276K | 5x | as long as short |
| Aster PENGUUSDT | −0.319% | +0.0100% | 4h | $170K | $314K | 20x | as long as short |
| BloFin PENGU-USDT | −0.293% | +0.0340% | 4h | $1.5M | $854K | 75x | as long as short |
| Variational Omni PENGUshort | −0.259% | +0.0100% | 4h | $684K | $284K | — | |
| Kraken Futures PF_PENGUUSD | −0.255% | +0.0638% | 1h | $365K | $764K | 50x | as long as short |
| Hyperliquid PENGU | −0.235% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.188% | −0.0064% | 1h | $164 | $28 | 5x | as long as short |
| HTX PENGU-USDT | −0.188% | +0.0100% | 4h | $95K | $181K | 25x | as long as short |
| Bybit PENGUUSDT | −0.176% | +0.0100% | 4h | $21.0M | $20.3M | 75x | as long as short |
| Arcus PENGU-USD | −0.153% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.106% | +0.0100% | 4h | $7.2M | $31.9M | 50x | as long as short |
| BingX PENGU-USDT | −0.106% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| MEXC PENGU_USDT | −0.094% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
| Pacifica PENGU | −0.047% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| Binance PENGUUSDT | −0.030% | +0.0100% | 4h | $36.8M | $99.2M | 75x | as long as short |
| Lighter PENGUlong | 0.000% | +0.0096% | 1h | $298K | $439K | 8x | |
| Bitget PENGUUSDT | 0.000% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| dYdX PENGU-USD | +0.009% | +0.0506% | 1h | $10K | $998 | 5x | as long as short |
| KuCoin PENGUUSDTM | +0.035% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| ApeX Omni PENGUUSDT | +0.082% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.903% | +0.2088% | 1h | $83K | $188K | 50x | as long as short |
| SunX PENGU-USDT | +2.053% | +0.0100% | 4h | $2K | $1.6M | 10x | as long as short |