Spread before costs (cost unknown: a leg has no order-book sample)−0.103%
7d average—if it closes, per $10,000$10funding while held, a day−$4.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PENGURUSDPERP | 0.008649 | 0.0236 | pay 0.0029% / 1h | 17m 39s | $292 | — | 10x |
| Short | Arcus PENGU-USD | 0.008640 | 0.0100 | get 0.0013% / 1h | 17m 39s | $19K | $23K | 5x |
Price 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
- −$10.25
- Funding while held
- −$4.07
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$24.82
- Spread needed to break even
- 0.105%
Slippage unknown: Reya: no order-book sample; Arcus: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0136%
- Per $10,000 a day
- −$4.07
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Reya and Arcus: 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.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.149% | +0.0100% | 4h | $22.0M | $27.0M | 75x | as long as short |
| Gate PENGU_USDT | −0.137% | −0.0142% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Arcus PENGU-USDshort | −0.103% | +0.0100% | 1h | $19K | $23K | 5x | |
| KuCoin PENGUUSDTM | −0.079% | +0.0100% | 4h | $5.1M | $7.1M | 75x | as long as short |
| MEXC PENGU_USDT | −0.068% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| BingX PENGU-USDT | −0.068% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Extended PENGU-USD | −0.066% | +0.0104% | 1h | $178K | $678K | 10x | as long as short |
| Binance PENGUUSDT | −0.057% | +0.0100% | 4h | $36.6M | $127.8M | 75x | as long as short |
| Pacifica PENGU | −0.056% | +0.0100% | 1h | $204K | $133K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.045% | +0.0100% | 4h | $7.8M | $39.9M | 50x | as long as short |
Bybit
Gate
KuCoin
MEXC
BingX
Extended
Binance
Pacifica
OKX
Lighter
Backpack
Bitget
GMX
Aster
gTrade (Gains Network)
SoDEX
BloFin
Deribit
Hyperliquid
HTX
Kraken Futures
Variational Omni
ApeX Omni
Injective
Coinbase International
SunX