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+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENGU_USDT | 0.008627 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $11.2M | $10.7M | 125x |
| Short | SoDEX PENGU-USD | 0.008631 | 0.0100 | get 0.0013% / 1h | 55m 13s | $970 | $14K | 5x |
MEXC PENGU_USDT
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
- $4.64
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$3.36
- Spread needed to break even
- 0.080%
Slippage unknown: MEXC: live order book, 4 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 4 min ago | 1.16 bp | 2.9 bp −$3 | 12.6 bp −$126 | 64.3 bp −$6,430 | 134.3 bp −$67.2K |
| 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.Backpack0.008570cheapestVariational Omni0.008585+0.176%dYdX0.008592+0.253%Nado0.008593+0.274%Pacifica0.008594+0.280%ApeX Omni0.008608+0.443%BloFin0.008615+0.525%Aster0.008617+0.548%BingX0.008618+0.560%Gate0.008620+0.583%Bybit0.008623+0.618%KuCoin0.008625+0.642%01 Exchange0.008627+0.665%
Backpack
Variational Omni
dYdX
Nado
Pacifica
ApeX Omni
BloFin
Aster
BingX
Gate
Bybit
KuCoinMEXC0.008627+0.665%
Reya0.008627+0.668%GMX0.008628+0.677%gTrade (Gains Network)0.008629+0.690%Arcus0.008630+0.700%Aevo0.008630+0.700%Hyperliquid0.008631+0.712%
Reya
GMX
gTrade (Gains Network)
Arcus
Aevo
HyperliquidSoDEX0.008631+0.712%
Extended0.008633+0.730%Binance0.008633+0.734%Deribit0.008634+0.747%OKX0.008635+0.758%Orderly0.008635+0.758%Kraken Futures0.008636+0.775%Lighter0.008637+0.782%Bitget0.008637+0.782%HTX0.008637+0.782%Coinbase International0.008709+1.622%Injective0.008792+2.590%SunX0.008834+3.081%
Extended
Binance
Deribit
OKX
Orderly
Kraken Futures
Lighter
Bitget
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 | |
|---|---|---|---|---|---|---|---|
| Backpack PENGU_USDC_PERP | −0.661% | +0.0100% | 1h | $303K | $305K | 10x | as long as short |
| Variational Omni PENGU | −0.486% | +0.0100% | 4h | $767K | $525K | — | as long as short |
| dYdX PENGU-USD | −0.409% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Nado PENGU-PERP | −0.388% | +0.0100% | 1h | $626K | $681K | 5x | as long as short |
| Pacifica PENGU | −0.383% | +0.0100% | 1h | $203K | $133K | 5x | as long as short |
| ApeX Omni PENGUUSDT | −0.220% | +0.0100% | 1h | $79K | $253K | 50x | as long as short |
| BloFin PENGU-USDT | −0.139% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Aster PENGUUSDT | −0.117% | +0.0100% | 4h | $204K | $340K | 20x | as long as short |
| BingX PENGU-USDC | −0.104% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate PENGU_USDT | −0.081% | −0.0128% | 4h | $3.5M | $12.8M | 75x | as long as short |