Spread before costs (cost unknown: a leg has no order-book sample)+0.069%
7d average—if it closes, per $10,000$7funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008636 | 0.0100 | pay 0.0013% / 1h | 23m 10s | $965 | $14K | 5x |
| Short | Backpack PENGU_USDC_PERP | 0.008642 | 0.0100 | get 0.0013% / 1h | 23m 10s | $309K | $308K | 10x |
SoDEX PENGU-USD
Backpack PENGU_USDC_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
- $6.95
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$11.05
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Backpack: live order book, 22 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 22 min ago | 0.56 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
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.Deribit0.008631cheapestOrderly0.008632+0.012%Aevo0.008632+0.012%Extended0.008634+0.034%gTrade (Gains Network)0.008636+0.055%Gate0.008636+0.058%
Deribit
Orderly
Aevo
Extended
gTrade (Gains Network)
GateSoDEX0.008636+0.058%
GMX0.008637+0.070%KuCoin0.008638+0.081%Arcus0.008640+0.104%Bybit0.008642+0.127%
GMX
KuCoin
Arcus
BybitBackpack0.008642+0.127%
Aster0.008644+0.151%Kraken Futures0.008644+0.156%HTX0.008645+0.162%Binance0.008647+0.185%MEXC0.008647+0.185%OKX0.008650+0.220%BingX0.008650+0.220%BloFin0.008652+0.243%Lighter0.008653+0.255%Reya0.008655+0.279%Nado0.008656+0.295%Bitget0.008657+0.301%01 Exchange0.008668+0.429%Hyperliquid0.008669+0.440%Pacifica0.008669+0.440%dYdX0.008672+0.477%ApeX Omni0.008702+0.823%Variational Omni0.008708+0.888%Injective0.008792+1.865%SunX0.008841+2.433%Coinbase International0.008950+3.696%
Aster
Kraken Futures
HTX
Binance
MEXC
OKX
BingX
BloFin
Lighter
Reya
Nado
Bitget
Hyperliquid
Pacifica
dYdX
ApeX Omni
Variational Omni
Injective
SunX
Coinbase InternationalPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.058% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.046% | +0.0098% | 4h | $16K | $186K | 20x | as long as short |
| Aevo PENGU-PERP | −0.046% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.023% | +0.0104% | 1h | $177K | $679K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.003% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Gate PENGU_USDT | 0.000% | −0.0038% | 4h | $3.6M | $12.1M | 75x | as long as short |
| SoDEX PENGU-USDlong | 0.000% | +0.0100% | 1h | $965 | $14K | 5x | |
| GMX PENGU/USD [WBTC.b-USDC] | +0.012% | L +0.0492% / S −0.0660% | 1h | $109K | — | 100x | as long as short |
| KuCoin PENGUUSDTM | +0.023% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| Arcus PENGU-USD | +0.046% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |