Spread before costs (cost unknown: a leg has no order-book sample)−0.576%
7d average—if it closes, per $10,000$58funding while held, a day−$4.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PENGURUSDPERP | 0.008768 | 0.0235 | pay 0.0029% / 1h | 0m 27s | $296 | — | 10x |
| Short | SoDEX PENGU-USD | 0.008717 | 0.0100 | get 0.0013% / 1h | 0m 27s | $984 | $14K | 5x |
Reya PENGURUSDPERP
SoDEX PENGU-USDPrice 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
- −$57.65
- Funding while held
- −$4.05
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$75.7
- Spread needed to break even
- 0.140%
Slippage unknown: Reya: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0135%
- Per $10,000 a day
- −$4.05
- 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 SoDEX no order-book sample | — | — | — | — | — |
Reya and SoDEX: 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.ApeX Omni0.008660cheapestVariational Omni0.008700+0.457%gTrade (Gains Network)0.008714+0.628%GMX0.008715+0.635%Orderly0.008715+0.635%Aevo0.008715+0.635%Deribit0.008715+0.635%
ApeX Omni
Variational Omni
gTrade (Gains Network)
GMX
Orderly
Aevo
DeribitSoDEX0.008717+0.658%
Backpack0.008718+0.670%BloFin0.008719+0.681%HTX0.008721+0.704%Kraken Futures0.008726+0.758%Gate0.008756+1.109%Aster0.008757+1.122%Lighter0.008759+1.143%dYdX0.008759+1.143%Pacifica0.008759+1.143%KuCoin0.008759+1.143%Arcus0.008760+1.155%MEXC0.008761+1.166%BingX0.008763+1.189%Extended0.008767+1.236%
Backpack
BloFin
HTX
Kraken Futures
Gate
Aster
Lighter
dYdX
Pacifica
KuCoin
Arcus
MEXC
BingX
ExtendedReya0.008768+1.242%
Nado0.008769+1.253%Binance0.008771+1.276%OKX0.008772+1.293%Bybit0.008774+1.316%01 Exchange0.008778+1.363%Bitget0.008780+1.386%Hyperliquid0.008787+1.467%Coinbase International0.008824+1.894%SunX0.008929+3.106%Injective0.009138+5.520%
Nado
Binance
OKX
Bybit
Bitget
Hyperliquid
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −1.227% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Variational Omni PENGU | −0.776% | +0.0100% | 4h | $692K | $353K | — | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.607% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.599% | L +0.0399% / S −0.0378% | 1h | $88K | — | 100x | as long as short |
| Orderly PERP_PENGU_USDC | −0.599% | +0.0098% | 4h | $21K | $179K | 20x | as long as short |
| Aevo PENGU-PERP | −0.599% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.599% | 0.0000% | 1h | $21K | $6K | 10x | as long as short |
| SoDEX PENGU-USDshort | −0.576% | +0.0100% | 1h | $984 | $14K | 5x | |
| Backpack PENGU_USDC_PERP | −0.565% | −0.0067% | 1h | $305K | $282K | 10x | as long as short |
| BloFin PENGU-USDT | −0.554% | +0.0340% | 4h | $1.5M | $941K | 75x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX PENGU-USDT | −0.531% | +0.0100% | 4h | $97K | $182K | 25x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.478% | +0.0521% | 1h | $369K | $820K | 50x | as long as short |
| Gate PENGU_USDT | −0.132% | +0.0058% | 4h | $3.8M | $10.5M | 75x | as long as short |
| Aster PENGUUSDT | −0.118% | +0.0100% | 4h | $171K | $342K | 20x | as long as short |
| Lighter PENGU | −0.097% | +0.0096% | 1h | $307K | $453K | 8x | as long as short |
| dYdX PENGU-USD | −0.097% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Pacifica PENGU | −0.097% | +0.0100% | 1h | $206K | $126K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.097% | +0.0100% | 4h | $5.0M | $6.8M | 75x | as long as short |
| Arcus PENGU-USD | −0.086% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| MEXC PENGU_USDT | −0.075% | +0.0100% | 4h | $13.0M | $10.3M | 125x | as long as short |
| BingX PENGU-USDT | −0.052% | +0.0100% | 4h | — | $3.8M | — | as long as short |
| Extended PENGU-USD | −0.006% | +0.0104% | 1h | $194K | $665K | 10x | as long as short |
| Reya PENGURUSDPERPlong | 0.000% | +0.0235% | 1h | $296 | — | 10x | |
| Nado PENGU-PERP | +0.011% | +0.0100% | 1h | $648K | $593K | 5x | as long as short |
| Binance PENGUUSDT | +0.034% | +0.0100% | 4h | $37.7M | $114.6M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.051% | +0.0100% | 4h | $7.7M | $37.6M | 50x | as long as short |
| Bybit PENGUUSDT | +0.074% | +0.0100% | 4h | $22.3M | $23.1M | 75x | as long as short |
| 01 Exchange PENGUUSD | +0.119% | −0.0080% | 1h | $169 | $28 | 5x | as long as short |
| Bitget PENGUUSDT | +0.142% | +0.0100% | 4h | $8.7M | $8.5M | 75x | as long as short |
| Hyperliquid PENGU | +0.222% | +0.0100% | 1h | $10.4M | $8.0M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.644% | +0.2520% | 1h | $93K | $135K | 50x | as long as short |
| SunX PENGU-USDT | +1.842% | +0.0100% | 4h | $2K | $1.9M | 10x | as long as short |
| Injective PENGU/USDC PERP | +4.225% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |