Spread before costs (cost unknown: a leg has no order-book sample)−9.411%
7d average−0.828%if it closes, per $10,000$941funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENGU_USDT | 0.008692 | 0.0100 | pay 0.0050% / 4h | 47m 29s | $12.1M | $9.0M | 125x |
| Short | Injective PENGU/USDC PERP | 0.007874 | 0.0033 | get 0.0004% / 1h | 47m 29s | $3K | $116K | 5.5x |
MEXC PENGU_USDT
Injective PENGU/USDC PERPPrice 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
- −$941.1
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$943.12
- Spread needed to break even
- 0.000%
Slippage unknown: MEXC: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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, 2 min ago | 0.57 bp | 2.9 bp −$3 | 17.9 bp −$179 | 64.3 bp −$6,433 | 104.9 bp −$52.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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
Arcus0.008680+10.236%Gate0.008683+10.274%Pacifica0.008685+10.300%Extended0.008685+10.304%Variational Omni0.008685+10.305%dYdX0.008687+10.331%01 Exchange0.008688+10.338%Lighter0.008689+10.351%Binance0.008689+10.351%Aster0.008690+10.363%Bybit0.008690+10.363%Reya0.008691+10.373%
Arcus
Gate
Pacifica
Extended
Variational Omni
dYdX
Lighter
Binance
Aster
Bybit
ReyaMEXC0.008692+10.389%
KuCoin0.008692+10.389%Hyperliquid0.008694+10.414%BloFin0.008694+10.414%Bitget0.008698+10.465%GMX0.008698+10.465%BingX0.008699+10.478%OKX0.008700+10.490%ApeX Omni0.008700+10.490%gTrade (Gains Network)0.008704+10.541%Backpack0.008705+10.554%Aevo0.008705+10.554%Nado0.008707+10.573%SoDEX0.008712+10.643%Deribit0.008714+10.668%Orderly0.008719+10.732%Kraken Futures0.008719+10.736%HTX0.008725+10.808%Coinbase International0.008824+12.065%SunX0.008924+13.335%
KuCoin
Hyperliquid
BloFin
Bitget
GMX
BingX
OKX
ApeX Omni
gTrade (Gains Network)
Backpack
Aevo
Nado
SoDEX
Deribit
Orderly
Kraken Futures
HTX
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 PERPshort | −9.411% | +0.0033% | 1h | $3K | $116K | 5.5x | |
| Arcus PENGU-USD | −0.138% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Gate PENGU_USDT | −0.104% | +0.0100% | 4h | $3.8M | $8.6M | 75x | as long as short |
| Pacifica PENGU | −0.081% | +0.0100% | 1h | $204K | $124K | 5x | as long as short |
| Extended PENGU-USD | −0.077% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Variational Omni PENGU | −0.076% | +0.0100% | 4h | $702K | $299K | — | as long as short |
| dYdX PENGU-USD | −0.052% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.046% | −0.0056% | 1h | $167 | $28 | 5x | as long as short |
| Lighter PENGU | −0.035% | +0.0096% | 1h | $302K | $442K | 8x | as long as short |
| Binance PENGUUSDT | −0.035% | +0.0100% | 4h | $37.5M | $104.7M | 75x | as long as short |