Spread before costs (cost unknown: a leg has no order-book sample)−0.423%
7d average−0.031%if it closes, per $10,000$42funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PENGU_USDC | 0.008990 | 0.0100 | pay 0.0050% / 4h | 54m 37s | $22K | $187K | 20x |
| Short | BingX PENGU-USDC | 0.008952 | 0.0100 | get 0.0050% / 4h | 54m 37s | — | $2.3M | — |
Orderly PERP_PENGU_USDC
BingX PENGU-USDCPrice 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
- −$42.27
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$58.27
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 15 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 15 min ago | 2.79 bp | 17.2 bp −$17 | 48.2 bp −$482 | 269.8 bp −$27.0K | 841.6 bp −$420.8K |
Orderly: 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.Injective0.008792cheapest
InjectiveBingX0.008952+1.820%
Binance0.008955+1.854%Gate0.008957+1.877%Arcus0.008960+1.911%Bybit0.008966+1.979%01 Exchange0.008966+1.979%Bitget0.008967+1.990%OKX0.008970+2.025%MEXC0.008970+2.025%Extended0.008970+2.027%Pacifica0.008972+2.047%KuCoin0.008974+2.070%Lighter0.008975+2.081%Aster0.008975+2.083%dYdX0.008976+2.088%ApeX Omni0.008977+2.104%Variational Omni0.008978+2.111%Backpack0.008983+2.172%Reya0.008984+2.185%SoDEX0.008985+2.195%BloFin0.008985+2.195%Nado0.008985+2.201%Hyperliquid0.008987+2.218%Deribit0.008987+2.218%Aevo0.008988+2.229%gTrade (Gains Network)0.008990+2.251%
Binance
Gate
Arcus
Bybit
Bitget
OKX
MEXC
Extended
Pacifica
KuCoin
Lighter
Aster
dYdX
ApeX Omni
Variational Omni
Backpack
Reya
SoDEX
BloFin
Nado
Hyperliquid
Deribit
Aevo
gTrade (Gains Network)Orderly0.008990+2.252%
GMX0.008996+2.320%Kraken Futures0.008999+2.352%HTX0.008999+2.354%Coinbase International0.009092+3.412%SunX0.009198+4.618%
GMX
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 PERP | −2.202% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| BingX PENGU-USDCshort | −0.423% | +0.0100% | 4h | — | $2.3M | — | |
| Binance PENGUUSDT | −0.389% | +0.0100% | 4h | $38.2M | $139.0M | 75x | as long as short |
| Gate PENGU_USDT | −0.367% | −0.0052% | 4h | $3.7M | $14.0M | 75x | as long as short |
| Arcus PENGU-USD | −0.334% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| Bybit PENGUUSDT | −0.267% | +0.0100% | 4h | $24.1M | $30.8M | 75x | as long as short |
| 01 Exchange PENGUUSD | −0.267% | +0.0160% | 1h | $205 | $59 | 5x | as long as short |
| Bitget PENGUUSDT | −0.256% | +0.0100% | 4h | $8.7M | $10.9M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.222% | +0.0100% | 4h | $8.2M | $45.1M | 50x | as long as short |
| MEXC PENGU_USDT | −0.222% | +0.0100% | 4h | $12.6M | $11.4M | 125x | as long as short |