Spread before costs (cost unknown: a leg has no order-book sample)+0.189%
7d average—if it closes, per $10,000$19funding while held, a day−$5.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.009005 | 0.0100 | pay 0.0013% / 1h | 58m 44s | $197K | $161K | 5x |
| Short | Deribit PENGU_USDC-PERPETUAL | 0.009022 | −0.0083 | pay 0.0010% / 1h | 58m 44s | $20K | $7K | 10x |
Pacifica PENGU
Deribit PENGU_USDC-PERPETUALPrice 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
- $18.88
- Funding while held
- −$5.49
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$1.61
- Spread needed to break even
- 0.150%
Slippage unknown: Pacifica: live order book, 36 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0183%
- Per $10,000 a day
- −$5.49
- 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 Pacifica live order book, 36 min ago | 3.44 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.Injective0.008792cheapestOKX0.008996+2.320%01 Exchange0.008996+2.320%Bybit0.008998+2.343%Bitget0.008998+2.343%Nado0.008998+2.349%Arcus0.009000+2.366%Gate0.009002+2.389%SoDEX0.009002+2.389%Extended0.009002+2.391%Binance0.009002+2.392%MEXC0.009003+2.400%
Injective
OKX
Bybit
Bitget
Nado
Arcus
Gate
SoDEX
Extended
Binance
MEXCPacifica0.009005+2.423%
BingX0.009005+2.423%KuCoin0.009006+2.434%BloFin0.009009+2.468%Aster0.009009+2.469%Lighter0.009010+2.480%dYdX0.009010+2.481%Orderly0.009012+2.502%Hyperliquid0.009013+2.514%Reya0.009013+2.518%Backpack0.009014+2.525%Aevo0.009019+2.582%gTrade (Gains Network)0.009020+2.593%
BingX
KuCoin
BloFin
Aster
Lighter
dYdX
Orderly
Hyperliquid
Reya
Backpack
Aevo
gTrade (Gains Network)Deribit0.009022+2.616%
GMX0.009030+2.707%HTX0.009031+2.718%Variational Omni0.009035+2.761%Kraken Futures0.009043+2.859%ApeX Omni0.009090+3.389%Coinbase International0.009132+3.867%SunX0.009221+4.879%
GMX
HTX
Variational Omni
Kraken Futures
ApeX Omni
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 | −2.365% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.100% | +0.0100% | 4h | $8.2M | $45.0M | 50x | as long as short |
| 01 Exchange PENGUUSD | −0.100% | +0.0168% | 1h | $206 | $59 | 5x | as long as short |
| Bybit PENGUUSDT | −0.078% | +0.0100% | 4h | $24.2M | $30.7M | 75x | as long as short |
| Bitget PENGUUSDT | −0.078% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| Nado PENGU-PERP | −0.072% | +0.0100% | 1h | $694K | $718K | 5x | as long as short |
| Arcus PENGU-USD | −0.056% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| Gate PENGU_USDT | −0.033% | −0.0054% | 4h | $3.7M | $13.8M | 75x | as long as short |
| SoDEX PENGU-USD | −0.033% | +0.0100% | 1h | $1K | $11K | 5x | as long as short |
| Extended PENGU-USD | −0.031% | +0.0104% | 1h | $186K | $679K | 10x | as long as short |