Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average+0.001%if it closes, per $10,000$5funding while held, a day+$0.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PENGU_USDC | 0.008651 | 0.0098 | pay 0.0049% / 4h | 2h 19m | $16K | $182K | 20x |
| Short | Nado PENGU-PERP | 0.008646 | 0.0100 | get 0.0013% / 1h | 19m 11s | $637K | $677K | 5x |
Orderly PERP_PENGU_USDC
Nado PENGU-PERPPrice 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
- −$5.2
- Funding while held
- $0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$18.13
- Spread needed to break even
- 0.130%
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 20 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0002%
- Per $10,000 a day
- +$0.07
- 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 Nado live order book, 20 min ago | 1.16 bp | 11.0 bp −$11 | 27.1 bp −$271 | doesn't fit | 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.Bybit0.008638cheapestBingX0.008643+0.058%Pacifica0.008645+0.081%OKX0.008645+0.081%
Bybit
BingX
Pacifica
OKXNado0.008646+0.098%
Gate0.008647+0.104%SoDEX0.008647+0.104%Binance0.008647+0.109%Aevo0.008648+0.116%Extended0.008649+0.125%Lighter0.008649+0.127%Arcus0.008650+0.139%BloFin0.008650+0.139%
Gate
SoDEX
Binance
Aevo
Extended
Lighter
Arcus
BloFinOrderly0.008651+0.150%
Deribit0.008651+0.150%Reya0.008653+0.172%dYdX0.008653+0.176%MEXC0.008654+0.185%KuCoin0.008654+0.185%Aster0.008654+0.188%Bitget0.008655+0.197%GMX0.008656+0.208%gTrade (Gains Network)0.008656+0.209%Kraken Futures0.008657+0.225%01 Exchange0.008659+0.243%Backpack0.008662+0.278%HTX0.008662+0.278%Hyperliquid0.008665+0.313%Variational Omni0.008679+0.477%ApeX Omni0.008680+0.486%Injective0.008792+1.783%Coinbase International0.008808+1.968%SunX0.008862+2.593%
Deribit
Reya
dYdX
MEXC
KuCoin
Aster
Bitget
GMX
gTrade (Gains Network)
Kraken Futures
Backpack
HTX
Hyperliquid
Variational Omni
ApeX Omni
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.150% | +0.0100% | 4h | $22.0M | $27.0M | 75x | as long as short |
| BingX PENGU-USDC | −0.092% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Pacifica PENGU | −0.069% | +0.0100% | 1h | $204K | $133K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.069% | +0.0100% | 4h | $7.8M | $40.0M | 50x | as long as short |
| Nado PENGU-PERPshort | −0.052% | +0.0100% | 1h | $637K | $677K | 5x | |
| Gate PENGU_USDT | −0.046% | −0.0148% | 4h | $3.6M | $12.9M | 75x | as long as short |
| SoDEX PENGU-USD | −0.046% | +0.0100% | 1h | $975 | $14K | 5x | as long as short |
| Binance PENGUUSDT | −0.042% | +0.0100% | 4h | $36.6M | $127.8M | 75x | as long as short |
| Aevo PENGU-PERP | −0.035% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.025% | +0.0104% | 1h | $179K | $678K | 10x | as long as short |