Spread before costs (cost unknown: a leg has no order-book sample)−0.015%
7d average—if it closes, per $10,000$1funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008666 | 0.0100 | pay 0.0013% / 1h | 44m 27s | $984 | $14K | 5x |
| Short | Binance PENGUUSDT | 0.008665 | 0.0100 | get 0.0050% / 4h | 44m 27s | $37.5M | $105.3M | 75x |
SoDEX PENGU-USD
Binance PENGUUSDTPrice 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
- −$1.48
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.48
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.58 bp | 8.7 bp −$9 | 20.6 bp −$206 | 74.5 bp −$7,453 | 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.Bybit0.008655cheapest01 Exchange0.008656+0.012%OKX0.008657+0.023%Aevo0.008657+0.023%Orderly0.008658+0.035%Deribit0.008659+0.046%KuCoin0.008660+0.058%Extended0.008660+0.058%Nado0.008660+0.064%Hyperliquid0.008662+0.081%Gate0.008663+0.092%Reya0.008663+0.097%
Bybit
OKX
Aevo
Orderly
Deribit
KuCoin
Extended
Nado
Hyperliquid
Gate
ReyaBinance0.008665+0.112%
SoDEX0.008666+0.127%
gTrade (Gains Network)0.008666+0.127%MEXC0.008667+0.139%BingX0.008667+0.139%Backpack0.008668+0.150%Arcus0.008670+0.173%Bitget0.008670+0.173%GMX0.008670+0.173%Aster0.008672+0.191%Lighter0.008672+0.196%dYdX0.008673+0.210%Kraken Futures0.008674+0.214%Pacifica0.008674+0.220%BloFin0.008675+0.231%HTX0.008683+0.324%Variational Omni0.008694+0.445%ApeX Omni0.008700+0.520%Coinbase International0.008824+1.953%SunX0.008875+2.542%
gTrade (Gains Network)
MEXC
BingX
Backpack
Arcus
Bitget
GMX
Aster
Lighter
dYdX
Kraken Futures
Pacifica
BloFin
HTX
Variational Omni
ApeX Omni
Coinbase International
SunXInjective0.009211+6.424%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.127% | +0.0100% | 4h | $21.7M | $21.4M | 75x | as long as short |
| 01 Exchange PENGUUSD | −0.115% | −0.0056% | 1h | $167 | $28 | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.104% | +0.0100% | 4h | $7.7M | $34.4M | 50x | as long as short |
| Aevo PENGU-PERP | −0.104% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| Orderly PERP_PENGU_USDC | −0.092% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.081% | −0.0212% | 1h | $22K | $4K | 10x | as long as short |
| KuCoin PENGUUSDTM | −0.069% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| Extended PENGU-USD | −0.069% | +0.0104% | 1h | $192K | $665K | 10x | as long as short |
| Nado PENGU-PERP | −0.063% | +0.0100% | 1h | $222K | $294K | 5x | as long as short |
| Hyperliquid PENGU | −0.046% | +0.0100% | 1h | $8.4M | $6.5M | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.035% | +0.0100% | 4h | $3.8M | $8.8M | 75x | as long as short |
| Reya PENGURUSDPERP | −0.030% | +0.0235% | 1h | $293 | — | 10x | as long as short |
| Binance PENGUUSDTshort | −0.015% | +0.0100% | 4h | $37.5M | $105.3M | 75x | |
| SoDEX PENGU-USDlong | 0.000% | +0.0100% | 1h | $984 | $14K | 5x | |
| gTrade (Gains Network) PENGU/USD | 0.000% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| MEXC PENGU_USDT | +0.012% | +0.0100% | 4h | $12.0M | $9.1M | 125x | as long as short |
| BingX PENGU-USDT | +0.012% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| Backpack PENGU_USDC_PERP | +0.023% | +0.0100% | 1h | $299K | $265K | 10x | as long as short |
| Arcus PENGU-USD | +0.046% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Bitget PENGUUSDT | +0.046% | +0.0100% | 4h | $8.6M | $7.8M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.046% | L +0.0391% / S −0.0366% | 1h | $86K | — | 100x | as long as short |
| Aster PENGUUSDT | +0.063% | +0.0100% | 4h | $175K | $318K | 20x | as long as short |
| Lighter PENGU | +0.069% | +0.0096% | 1h | $302K | $442K | 8x | as long as short |
| dYdX PENGU-USD | +0.083% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.087% | +0.0524% | 1h | $364K | $775K | 50x | as long as short |
| Pacifica PENGU | +0.092% | +0.0100% | 1h | $203K | $124K | 5x | as long as short |
| BloFin PENGU-USDT | +0.104% | +0.0340% | 4h | $1.5M | $887K | 75x | as long as short |
| HTX PENGU-USDT | +0.196% | +0.0100% | 4h | $96K | $183K | 25x | as long as short |
| Variational Omni PENGU | +0.317% | +0.0100% | 4h | $704K | $298K | — | as long as short |
| ApeX Omni PENGUUSDT | +0.392% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.823% | +0.2520% | 1h | $85K | $190K | 50x | as long as short |
| SunX PENGU-USDT | +2.412% | +0.0100% | 4h | $3K | $1.8M | 10x | as long as short |
| Injective PENGU/USDC PERP | +6.289% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |