Spread before costs (cost unknown: a leg has no order-book sample)+0.251%
7d average—if it closes, per $10,000$25funding while held, a day+$4.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PENGU-PERP | 0.008939 | 0.0100 | pay 0.0012% / 1h | 13m 21s | $656K | $695K | 5x |
| Short | Reya PENGURUSDPERP | 0.008961 | 0.0236 | get 0.0030% / 1h | 13m 21s | $303 | — | 10x |
Nado PENGU-PERP
Reya PENGURUSDPERPPrice 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
- $25.14
- Funding while held
- $4.08
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $16.22
- Spread needed to break even
- 0.130%
Slippage unknown: Nado: live order book, 21 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0136%
- Per $10,000 a day
- +$4.08
- 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, 21 min ago | 1.15 bp | 8.3 bp −$8 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Injective0.008792cheapestSoDEX0.008938+1.661%
Injective
SoDEXNado0.008939+1.672%
Extended0.008941+1.690%Bybit0.008941+1.695%Aevo0.008942+1.706%OKX0.008944+1.729%BingX0.008944+1.729%gTrade (Gains Network)0.008945+1.742%Binance0.008945+1.744%Deribit0.008946+1.752%Orderly0.008947+1.763%Bitget0.008949+1.786%GMX0.008952+1.820%Kraken Futures0.008956+1.861%Gate0.008959+1.899%
Extended
Bybit
Aevo
OKX
BingX
gTrade (Gains Network)
Binance
Deribit
Orderly
Bitget
GMX
Kraken Futures
GateReya0.008961+1.928%
MEXC0.008963+1.945%KuCoin0.008967+1.990%Arcus0.008970+2.025%Aster0.008971+2.037%01 Exchange0.008976+2.093%Hyperliquid0.008978+2.116%Pacifica0.008979+2.127%Backpack0.008980+2.138%dYdX0.008981+2.153%Lighter0.008991+2.263%HTX0.009001+2.377%Variational Omni0.009007+2.443%ApeX Omni0.009021+2.605%BloFin0.009023+2.627%Coinbase International0.009047+2.900%SunX0.009195+4.584%
MEXC
KuCoin
Arcus
Aster
Hyperliquid
Pacifica
Backpack
dYdX
Lighter
HTX
Variational Omni
ApeX Omni
BloFin
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 PERP | −1.644% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| SoDEX PENGU-USD | −0.011% | +0.0100% | 1h | $1K | $14K | 5x | as long as short |
| Nado PENGU-PERPlong | 0.000% | +0.0100% | 1h | $656K | $695K | 5x | |
| Extended PENGU-USD | +0.018% | +0.0104% | 1h | $185K | $678K | 10x | as long as short |
| Bybit PENGUUSDT | +0.022% | +0.0100% | 4h | $23.9M | $29.8M | 75x | as long as short |
| Aevo PENGU-PERP | +0.034% | +0.0104% | 1h | $207K | $17K | 3x | as long as short |
| OKX PENGU-USDT-SWAP | +0.056% | +0.0100% | 4h | $8.3M | $43.6M | 50x | as long as short |
| BingX PENGU-USDT | +0.056% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.069% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Binance PENGUUSDT | +0.070% | +0.0100% | 4h | $38.3M | $135.1M | 75x | as long as short |