Spread before costs (cost unknown: a leg has no order-book sample)+0.218%
7d average—if it closes, per $10,000$22funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008240 | 0.0100 | pay 0.0013% / 1h | 45m 20s | $913 | $14K | 5x |
| Short | BingX PENGU-USDC | 0.008258 | 0.0100 | get 0.0050% / 4h | 1h 45m | — | $2.3M | — |
SoDEX PENGU-USD
BingX PENGU-USDCPrice 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
- $21.84
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $3.84
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago | 2.43 bp | 19.3 bp −$19 | 58.8 bp −$588 | 270.8 bp −$27.1K | 898.1 bp −$449.1K |
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.Injective0.007874cheapestBackpack0.008232+4.547%Deribit0.008236+4.597%Variational Omni0.008237+4.614%
Injective
Backpack
Deribit
Variational OmniSoDEX0.008240+4.648%
dYdX0.008243+4.680%Pacifica0.008244+4.699%Lighter0.008245+4.712%Extended0.008246+4.720%Kraken Futures0.008247+4.734%Aster0.008250+4.770%Arcus0.008250+4.775%BloFin0.008255+4.839%Nado0.008255+4.845%Aevo0.008256+4.851%HTX0.008256+4.851%Bybit0.008257+4.864%
dYdX
Pacifica
Lighter
Extended
Kraken Futures
Aster
Arcus
BloFin
Nado
Aevo
HTX
BybitBingX0.008258+4.877%
Orderly0.008258+4.877%Gate0.008259+4.890%MEXC0.008259+4.890%Binance0.008259+4.895%Reya0.008260+4.898%gTrade (Gains Network)0.008260+4.898%GMX0.008260+4.902%OKX0.008261+4.915%KuCoin0.008261+4.915%Bitget0.008263+4.940%ApeX Omni0.008264+4.953%Hyperliquid0.008266+4.978%Coinbase International0.008378+6.401%SunX0.008440+7.188%
Orderly
Gate
MEXC
Binance
Reya
gTrade (Gains Network)
GMX
OKX
KuCoin
Bitget
ApeX Omni
Hyperliquid
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.442% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.097% | +0.0064% | 1h | $283K | $254K | 10x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.049% | −0.0114% | 1h | $21K | $4K | 10x | as long as short |
| Variational Omni PENGU | −0.033% | +0.0100% | 4h | $662K | $284K | — | as long as short |
| SoDEX PENGU-USDlong | 0.000% | +0.0100% | 1h | $913 | $14K | 5x | |
| dYdX PENGU-USD | +0.031% | +0.2011% | 1h | $10K | $998 | 5x | as long as short |
| Pacifica PENGU | +0.049% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| Lighter PENGU | +0.061% | +0.0096% | 1h | $315K | $385K | 8x | as long as short |
| Extended PENGU-USD | +0.069% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.082% | +0.0657% | 1h | $347K | $787K | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster PENGUUSDT | +0.116% | +0.0100% | 4h | $167K | $307K | 20x | as long as short |
| Arcus PENGU-USD | +0.121% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| BloFin PENGU-USDT | +0.182% | +0.0340% | 4h | $1.4M | $787K | 75x | as long as short |
| Nado PENGU-PERP | +0.188% | +0.0100% | 1h | $208K | $267K | 5x | as long as short |
| Aevo PENGU-PERP | +0.194% | +0.0104% | 1h | $191K | $17K | 3x | as long as short |
| HTX PENGU-USDT | +0.194% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| Bybit PENGUUSDT | +0.206% | +0.0100% | 4h | $20.3M | $19.8M | 75x | as long as short |
| BingX PENGU-USDCshort | +0.218% | +0.0100% | 4h | — | $2.3M | — | |
| Orderly PERP_PENGU_USDC | +0.218% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Gate PENGU_USDT | +0.231% | +0.0100% | 4h | $3.4M | $7.5M | 75x | as long as short |
| MEXC PENGU_USDT | +0.231% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| Binance PENGUUSDT | +0.236% | +0.0100% | 4h | $35.1M | $95.2M | 75x | as long as short |
| Reya PENGURUSDPERP | +0.238% | +0.0235% | 1h | $279 | — | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.239% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.243% | L +0.0385% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| OKX PENGU-USDT-SWAP | +0.255% | +0.0100% | 4h | $6.9M | $30.3M | 50x | as long as short |
| KuCoin PENGUUSDTM | +0.255% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Bitget PENGUUSDT | +0.279% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| ApeX Omni PENGUUSDT | +0.291% | +0.0100% | 1h | $71K | $251K | 50x | as long as short |
| Hyperliquid PENGU | +0.316% | +0.0100% | 1h | $8.1M | $5.9M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.675% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.427% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |