Spread before costs (cost unknown: a leg has no order-book sample)+0.046%
7d average—if it closes, per $10,000$5funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENGU_USDT | 0.008708 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $11.4M | $11.0M | 125x |
| Short | Deribit PENGU_USDC-PERPETUAL | 0.008712 | 0 | get 0.0000% / 1h | 3m 59s | $20K | $7K | 10x |
MEXC PENGU_USDT
Deribit PENGU_USDC-PERPETUALPrice 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
- $4.59
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$5.41
- Spread needed to break even
- 0.070%
Slippage unknown: MEXC: live order book, 6 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 MEXC live order book, 6 min ago | 0.58 bp | 4.3 bp −$4 | 14.1 bp −$141 | 54.8 bp −$5,483 | 124.1 bp −$62.0K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.ApeX Omni0.008670cheapestVariational Omni0.008677+0.078%BingX0.008695+0.288%BloFin0.008698+0.323%Bybit0.008700+0.346%Gate0.008700+0.346%OKX0.008703+0.381%Backpack0.008704+0.392%Aevo0.008705+0.404%Binance0.008706+0.415%SoDEX0.008707+0.427%Reya0.008708+0.435%
ApeX Omni
Variational Omni
BingX
BloFin
Bybit
Gate
OKX
Backpack
Aevo
Binance
SoDEX
ReyaMEXC0.008708+0.438%
Orderly0.008708+0.438%Extended0.008708+0.439%Pacifica0.008709+0.450%dYdX0.008710+0.459%Arcus0.008710+0.461%KuCoin0.008710+0.461%Bitget0.008710+0.461%GMX0.008710+0.461%Aster0.008712+0.480%Hyperliquid0.008712+0.484%Lighter0.008712+0.484%
Orderly
Extended
Pacifica
dYdX
Arcus
KuCoin
Bitget
GMX
Aster
Hyperliquid
LighterDeribit0.008712+0.484%
Nado0.008712+0.490%gTrade (Gains Network)0.008713+0.493%01 Exchange0.008716+0.531%Kraken Futures0.008718+0.549%HTX0.008725+0.634%Coinbase International0.008758+1.015%Injective0.008792+1.407%SunX0.008925+2.941%
Nado
gTrade (Gains Network)
Kraken Futures
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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.436% | +0.0100% | 1h | $79K | $253K | 50x | as long as short |
| Variational Omni PENGU | −0.359% | +0.0100% | 4h | $752K | $494K | — | as long as short |
| BingX PENGU-USDC | −0.149% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| BloFin PENGU-USDT | −0.115% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Bybit PENGUUSDT | −0.092% | +0.0100% | 4h | $22.2M | $26.6M | 75x | as long as short |
| Gate PENGU_USDT | −0.092% | −0.0068% | 4h | $3.6M | $12.6M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.057% | +0.0100% | 4h | $7.7M | $40.1M | 50x | as long as short |
| Backpack PENGU_USDC_PERP | −0.046% | +0.0100% | 1h | $309K | $309K | 10x | as long as short |
| Aevo PENGU-PERP | −0.034% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Binance PENGUUSDT | −0.023% | +0.0100% | 4h | $37.0M | $125.6M | 75x | as long as short |