Spread before costs (cost unknown: a leg has no order-book sample)+1.007%
7d average—if it closes, per $10,000$101funding while held, a day+$68.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PENGURUSDPERP | 0.008719 | 0.0235 | pay 0.0029% / 1h | 2m 14s | $294 | — | 10x |
| Short | Coinbase International PENGU-PERP-INTX | 0.008807 | 0.2520 | get 0.0315% / 1h | 2m 14s | $93K | $135K | 50x |
Reya PENGURUSDPERP
Coinbase International PENGU-PERP-INTXPrice 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
- $100.7
- Funding while held
- $68.55
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $153.25
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 47 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2285%
- Per $10,000 a day
- +$68.55
- 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 Coinbase International live order book, 47 min ago | 120.12 bp | 125.1 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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.Backpack0.008653cheapestBloFin0.008661+0.092%Nado0.008667+0.168%ApeX Omni0.008682+0.335%OKX0.008702+0.566%KuCoin0.008704+0.589%Variational Omni0.008704+0.591%Extended0.008714+0.699%Bybit0.008714+0.705%Aevo0.008715+0.717%Binance0.008719+0.763%SoDEX0.008719+0.763%
Backpack
BloFin
Nado
ApeX Omni
OKX
KuCoin
Variational Omni
Extended
Bybit
Aevo
Binance
SoDEXReya0.008719+0.765%
Deribit0.008720+0.774%Gate0.008721+0.786%MEXC0.008721+0.786%Orderly0.008722+0.797%Lighter0.008724+0.821%Bitget0.008724+0.821%gTrade (Gains Network)0.008726+0.844%BingX0.008727+0.855%GMX0.008727+0.855%Kraken Futures0.008728+0.865%Hyperliquid0.008729+0.878%Arcus0.008730+0.890%01 Exchange0.008731+0.901%HTX0.008732+0.913%Aster0.008733+0.930%Pacifica0.008741+1.017%dYdX0.008742+1.029%
Deribit
Gate
MEXC
Orderly
Lighter
Bitget
gTrade (Gains Network)
BingX
GMX
Kraken Futures
Hyperliquid
Arcus
HTX
Aster
Pacifica
dYdXCoinbase International0.008807+1.780%
SunX0.008931+3.213%Injective0.009138+5.605%
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack PENGU_USDC_PERP | −0.759% | −0.0072% | 1h | $303K | $282K | 10x | as long as short |
| BloFin PENGU-USDT | −0.667% | +0.0340% | 4h | $1.5M | $935K | 75x | as long as short |
| Nado PENGU-PERP | −0.593% | +0.0100% | 1h | $600K | $569K | 5x | as long as short |
| ApeX Omni PENGUUSDT | −0.427% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| OKX PENGU-USDT-SWAP | −0.197% | +0.0100% | 4h | $7.7M | $37.2M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.174% | +0.0100% | 4h | $5.0M | $6.8M | 75x | as long as short |
| Variational Omni PENGU | −0.173% | +0.0100% | 4h | $680K | $351K | — | as long as short |
| Extended PENGU-USD | −0.065% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Bybit PENGUUSDT | −0.060% | +0.0100% | 4h | $22.1M | $23.1M | 75x | as long as short |
| Aevo PENGU-PERP | −0.048% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |