Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average—if it closes, per $10,000$5funding while held, a day+$27.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENGU_USDT | 0.008378 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $11.9M | $8.7M | 125x |
| Short | dYdX PENGU-USD | 0.008374 | 0.1031 | get 0.0129% / 1h | 31m 41s | $10K | $998 | 5x |
MEXC PENGU_USDT
dYdX 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
- −$4.79
- Funding while held
- $27.92
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $13.13
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 3 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0931%
- Per $10,000 a day
- +$27.92
- 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, 3 min ago | 0.60 bp | 2.8 bp −$3 | 10.6 bp −$106 | 57.1 bp −$5,710 | 110.5 bp −$55.2K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Injective0.007874cheapest
Variational Omni0.008314+5.594%ApeX Omni0.008343+5.956%BloFin0.008356+6.121%Nado0.008367+6.267%Aevo0.008368+6.274%gTrade (Gains Network)0.008370+6.295%GMX0.008370+6.299%Orderly0.008370+6.299%Reya0.008370+6.301%SoDEX0.008371+6.312%Deribit0.008371+6.312%Backpack0.008372+6.325%Bybit0.008373+6.337%
Injective
Variational Omni
ApeX Omni
BloFin
Nado
Aevo
gTrade (Gains Network)
GMX
Orderly
Reya
SoDEX
Deribit
Backpack
BybitdYdX0.008374+6.350%
HTX0.008376+6.375%Extended0.008377+6.388%
HTX
ExtendedMEXC0.008378+6.401%
BingX0.008378+6.401%KuCoin0.008379+6.414%Kraken Futures0.008379+6.415%Aster0.008379+6.418%OKX0.008380+6.426%Arcus0.008380+6.426%Gate0.008380+6.426%Pacifica0.008381+6.439%Binance0.008381+6.439%Lighter0.008386+6.502%Bitget0.008387+6.515%Hyperliquid0.008388+6.528%Coinbase International0.008441+7.201%SunX0.008576+8.915%
BingX
KuCoin
Kraken Futures
Aster
OKX
Arcus
Gate
Pacifica
Binance
Lighter
Bitget
Hyperliquid
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −6.016% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.758% | +0.0100% | 4h | $667K | $285K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.418% | +0.0100% | 1h | $72K | $251K | 50x | as long as short |
| BloFin PENGU-USDT | −0.263% | +0.0340% | 4h | $1.4M | $786K | 75x | as long as short |
| Nado PENGU-PERP | −0.125% | +0.0100% | 1h | $210K | $269K | 5x | as long as short |
| Aevo PENGU-PERP | −0.119% | +0.0104% | 1h | $193K | $17K | 3x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.100% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.095% | L +0.0383% / S −0.0362% | 1h | $82K | — | 100x | as long as short |
| Orderly PERP_PENGU_USDC | −0.095% | +0.0097% | 4h | $17K | $174K | 20x | as long as short |
| Reya PENGURUSDPERP | −0.094% | +0.0235% | 1h | $283 | — | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX PENGU-USD | −0.084% | +0.0100% | 1h | $940 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.084% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| Backpack PENGU_USDC_PERP | −0.072% | +0.0100% | 1h | $288K | $252K | 10x | as long as short |
| Bybit PENGUUSDT | −0.060% | +0.0100% | 4h | $20.5M | $19.8M | 75x | as long as short |
| dYdX PENGU-USDshort | −0.048% | +0.1031% | 1h | $10K | $998 | 5x | |
| HTX PENGU-USDT | −0.024% | +0.0100% | 4h | $93K | $181K | 25x | as long as short |
| Extended PENGU-USD | −0.012% | +0.0104% | 1h | $161K | $638K | 10x | as long as short |
| MEXC PENGU_USDTlong | 0.000% | +0.0100% | 4h | $11.9M | $8.7M | 125x | |
| BingX PENGU-USDT | 0.000% | +0.0100% | 4h | — | $3.5M | — | as long as short |
| KuCoin PENGUUSDTM | +0.012% | +0.0100% | 4h | $4.7M | $6.3M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.013% | +0.0647% | 1h | $356K | $778K | 50x | as long as short |
| Aster PENGUUSDT | +0.016% | +0.0100% | 4h | $170K | $308K | 20x | as long as short |
| OKX PENGU-USDT-SWAP | +0.024% | +0.0100% | 4h | $7.1M | $30.7M | 50x | as long as short |
| Arcus PENGU-USD | +0.024% | +0.0100% | 1h | $4K | $8K | 5x | as long as short |
| Gate PENGU_USDT | +0.024% | +0.0100% | 4h | $3.5M | $7.6M | 75x | as long as short |
| Pacifica PENGU | +0.036% | +0.0100% | 1h | $195K | $121K | 5x | as long as short |
| Binance PENGUUSDT | +0.036% | +0.0100% | 4h | $35.7M | $95.7M | 75x | as long as short |
| Lighter PENGU | +0.095% | +0.0096% | 1h | $322K | $393K | 8x | as long as short |
| Bitget PENGUUSDT | +0.107% | +0.0100% | 4h | $8.3M | $7.3M | 75x | as long as short |
| Hyperliquid PENGU | +0.119% | +0.0100% | 1h | $8.1M | $6.1M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.752% | +0.2088% | 1h | $80K | $198K | 50x | as long as short |
| SunX PENGU-USDT | +2.363% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |