After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.059%7d average+0.025%fees + slippage, in and out−$40spread needed0.395%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PENGU-PERP | 0.008523 | 0.0100 | pay 0.0012% / 1h | 5m 29s | $218K | $275K | 5x |
| Short | Hyperliquid PENGU | 0.008518 | 0.0100 | get 0.0013% / 1h | 5m 29s | $8.2M | $6.2M | 5x |
Nado PENGU-PERP
Hyperliquid 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
- −$5.87
- Funding while held
- $0
- Slippage, 4 orders
- −$23.54
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$45.41
- Spread needed to break even
- 0.395%
Slippage from Nado: live order book, 49 min ago; Hyperliquid: live order book, 8 min ago.
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 Nado live order book, 49 min ago | 3.05 bp | 10.8 bp −$11 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.60 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
ApeX Omni0.008492+7.849%BloFin0.008494+7.874%SoDEX0.008497+7.912%Variational Omni0.008501+7.962%01 Exchange0.008504+8.001%BingX0.008504+8.001%Reya0.008508+8.058%Arcus0.008510+8.077%MEXC0.008512+8.103%KuCoin0.008514+8.128%GMX0.008516+8.153%gTrade (Gains Network)0.008517+8.164%
Injective
ApeX Omni
BloFin
SoDEX
Variational Omni
BingX
Reya
Arcus
MEXC
KuCoin
GMX
gTrade (Gains Network)Hyperliquid0.008518+8.179%
Binance0.008518+8.179%Gate0.008518+8.179%Extended0.008520+8.198%Bybit0.008520+8.204%Bitget0.008520+8.204%Aster0.008522+8.235%
Binance
Gate
Extended
Bybit
Bitget
AsterNado0.008523+8.242%
Coinbase International0.008524+8.255%HTX0.008524+8.255%dYdX0.008524+8.258%Orderly0.008528+8.306%Backpack0.008529+8.319%Pacifica0.008530+8.331%OKX0.008530+8.331%Aevo0.008531+8.344%Lighter0.008534+8.382%Deribit0.008537+8.420%Kraken Futures0.008541+8.467%SunX0.008733+10.909%
Coinbase International
HTX
dYdX
Orderly
Backpack
Pacifica
OKX
Aevo
Lighter
Deribit
Kraken Futures
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 |
| ApeX Omni PENGUUSDT | −0.364% | +0.0100% | 1h | $73K | $250K | 50x | as long as short |
| BloFin PENGU-USDT | −0.340% | +0.0340% | 4h | $1.5M | $840K | 75x | as long as short |
| SoDEX PENGU-USD | −0.305% | +0.0100% | 1h | $958 | $14K | 5x | as long as short |
| Variational Omni PENGU | −0.259% | +0.0100% | 4h | $684K | $284K | — | as long as short |
| 01 Exchange PENGUUSD | −0.223% | −0.0208% | 1h | $164 | $28 | 5x | as long as short |
| BingX PENGU-USDC | −0.223% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Reya PENGURUSDPERP | −0.170% | +0.0235% | 1h | $287 | — | 10x | as long as short |
| Arcus PENGU-USD | −0.153% | +0.0100% | 1h | $4K | $8K | 5x | as long as short |
| MEXC PENGU_USDT | −0.129% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin PENGUUSDTM | −0.106% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.082% | L +0.0385% / S −0.0362% | 1h | $84K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.073% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Hyperliquid PENGUshort | −0.059% | +0.0100% | 1h | $8.2M | $6.2M | 5x | |
| Binance PENGUUSDT | −0.059% | +0.0100% | 4h | $36.4M | $98.8M | 75x | as long as short |
| Gate PENGU_USDT | −0.059% | +0.0100% | 4h | $3.6M | $7.9M | 75x | as long as short |
| Extended PENGU-USD | −0.041% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| Bybit PENGUUSDT | −0.035% | +0.0100% | 4h | $21.1M | $20.2M | 75x | as long as short |
| Bitget PENGUUSDT | −0.035% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| Aster PENGUUSDT | −0.007% | +0.0100% | 4h | $169K | $314K | 20x | as long as short |
| Nado PENGU-PERPlong | 0.000% | +0.0100% | 1h | $218K | $275K | 5x | |
| Coinbase International PENGU-PERP-INTX | +0.012% | +0.2088% | 1h | $83K | $186K | 50x | as long as short |
| HTX PENGU-USDT | +0.012% | +0.0100% | 4h | $95K | $180K | 25x | as long as short |
| dYdX PENGU-USD | +0.014% | +0.0534% | 1h | $10K | $998 | 5x | as long as short |
| Orderly PERP_PENGU_USDC | +0.059% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | +0.070% | +0.0100% | 1h | $294K | $257K | 10x | as long as short |
| Pacifica PENGU | +0.082% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | +0.082% | +0.0100% | 4h | $7.2M | $31.8M | 50x | as long as short |
| Aevo PENGU-PERP | +0.094% | +0.0104% | 1h | $197K | $17K | 3x | as long as short |
| Lighter PENGU | +0.129% | +0.0096% | 1h | $299K | $438K | 8x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.164% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.208% | +0.0635% | 1h | $366K | $762K | 50x | as long as short |
| SunX PENGU-USDT | +2.464% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |