Spread before costs (cost unknown: a leg has no order-book sample)−0.054%
7d average—if it closes, per $10,000$5funding while held, a day+$4.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENGU-USDT-SWAP | 0.008922 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $8.0M | $39.6M | 50x |
| Short | Reya PENGURUSDPERP | 0.008917 | 0.0235 | get 0.0029% / 1h | 46m 13s | $301 | — | 10x |
OKX PENGU-USDT-SWAP
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
- −$5.39
- Funding while held
- $4.06
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$17.34
- Spread needed to break even
- 0.160%
Slippage unknown: OKX: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0135%
- Per $10,000 a day
- +$4.06
- 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 OKX live order book, 4 min ago | 0.56 bp | 10.8 bp −$11 | 29.3 bp −$293 | 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.Variational Omni0.008842cheapestApeX Omni0.008865+0.257%Arcus0.008900+0.653%Nado0.008908+0.749%Gate0.008909+0.755%GMX0.008909+0.755%gTrade (Gains Network)0.008909+0.758%BingX0.008910+0.766%Binance0.008911+0.775%Bybit0.008911+0.777%01 Exchange0.008916+0.834%KuCoin0.008917+0.845%
Variational Omni
ApeX Omni
Arcus
Nado
Gate
GMX
gTrade (Gains Network)
BingX
Binance
Bybit
KuCoinReya0.008917+0.848%
MEXC0.008918+0.857%Bitget0.008918+0.857%SoDEX0.008918+0.857%Lighter0.008919+0.868%
MEXC
Bitget
SoDEX
LighterOKX0.008922+0.902%
BloFin0.008922+0.902%Coinbase International0.008925+0.936%Extended0.008926+0.943%Orderly0.008927+0.958%Aevo0.008927+0.958%Deribit0.008929+0.981%HTX0.008929+0.981%Aster0.008931+0.999%Backpack0.008931+1.004%Kraken Futures0.008931+1.008%Pacifica0.008933+1.026%dYdX0.008935+1.054%Hyperliquid0.008936+1.060%Injective0.008958+1.309%SunX0.009134+3.299%
BloFin
Coinbase International
Extended
Orderly
Aevo
Deribit
HTX
Aster
Backpack
Kraken Futures
Pacifica
dYdX
Hyperliquid
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.894% | +0.0100% | 4h | $701K | $362K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.639% | +0.0100% | 1h | $78K | $251K | 50x | as long as short |
| Arcus PENGU-USD | −0.247% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| Nado PENGU-PERP | −0.151% | +0.0100% | 1h | $660K | $612K | 5x | as long as short |
| Gate PENGU_USDT | −0.146% | +0.0100% | 4h | $4.0M | $11.0M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.146% | L +0.0503% / S −0.0679% | 1h | $112K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.142% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| BingX PENGU-USDT | −0.134% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Binance PENGUUSDT | −0.126% | +0.0100% | 4h | $38.4M | $119.9M | 75x | as long as short |
| Bybit PENGUUSDT | −0.123% | +0.0100% | 4h | $23.6M | $24.7M | 75x | as long as short |