Spread before costs (cost unknown: a leg has no order-book sample)−0.046%
7d average+0.032%if it closes, per $10,000$5funding while held, a day+$7.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PENGU_USDC | 0.008679 | 0.0098 | pay 0.0049% / 4h | 2h 20m | $16K | $182K | 20x |
| Short | BloFin PENGU-USDT | 0.008675 | 0.0340 | get 0.0170% / 4h | 2h 20m | $1.5M | $1.5M | 75x |
Orderly PERP_PENGU_USDC
BloFin PENGU-USDTPrice 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
- −$4.61
- Funding while held
- $7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.34
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0242%
- Per $10,000 a day
- +$7.26
- 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 BloFin live order book, 3 min ago | 0.58 bp | 8.6 bp −$9 | 13.1 bp −$131 | 33.9 bp −$3,385 | doesn't fit |
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.BingX0.008658cheapestBybit0.008662+0.046%Gate0.008663+0.058%Binance0.008666+0.092%Pacifica0.008667+0.104%MEXC0.008667+0.104%OKX0.008669+0.127%KuCoin0.008669+0.127%Backpack0.008669+0.127%dYdX0.008671+0.147%Lighter0.008672+0.162%Nado0.008674+0.185%Extended0.008674+0.187%Bitget0.008675+0.196%
BingX
Bybit
Gate
Binance
Pacifica
MEXC
OKX
KuCoin
Backpack
dYdX
Lighter
Nado
Extended
BitgetBloFin0.008675+0.196%
Aster0.008677+0.217%Hyperliquid0.008677+0.219%GMX0.008677+0.219%
Aster
Hyperliquid
GMXOrderly0.008679+0.243%
gTrade (Gains Network)0.008679+0.247%Reya0.008680+0.251%Arcus0.008680+0.254%Aevo0.008680+0.254%SoDEX0.008682+0.277%01 Exchange0.008683+0.289%Deribit0.008684+0.300%ApeX Omni0.008688+0.347%Kraken Futures0.008693+0.405%Variational Omni0.008699+0.473%HTX0.008704+0.531%Injective0.008792+1.548%Coinbase International0.008808+1.733%SunX0.008887+2.645%
gTrade (Gains Network)
Reya
Arcus
Aevo
SoDEX
Deribit
ApeX Omni
Kraken Futures
Variational Omni
HTX
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.242% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | −0.196% | +0.0100% | 4h | $22.1M | $27.0M | 75x | as long as short |
| Gate PENGU_USDT | −0.184% | −0.0138% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Binance PENGUUSDT | −0.150% | +0.0100% | 4h | $36.7M | $127.8M | 75x | as long as short |
| Pacifica PENGU | −0.138% | +0.0100% | 1h | $203K | $131K | 5x | as long as short |
| MEXC PENGU_USDT | −0.138% | +0.0100% | 4h | $11.5M | $10.9M | 125x | as long as short |
| OKX PENGU-USDT-SWAP | −0.115% | +0.0100% | 4h | $7.9M | $40.1M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.115% | +0.0100% | 4h | $5.2M | $7.1M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.115% | +0.0100% | 1h | $307K | $306K | 10x | as long as short |
| dYdX PENGU-USD | −0.096% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |