Spread before costs (cost unknown: a leg has no order-book sample)−0.070%
7d average—if it closes, per $10,000$7funding while held, a day+$7.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008541 | 0.0100 | pay 0.0013% / 1h | 5m 05s | $969 | $14K | 5x |
| Short | BloFin PENGU-USDT | 0.008535 | 0.0340 | get 0.0170% / 4h | 2h 05m | $1.5M | $1.5M | 75x |
SoDEX PENGU-USD
BloFin PENGU-USDTPrice 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
- −$7.02
- Funding while held
- $7.2
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.82
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.20
- 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 BloFin live order book, 4 min ago | 3.51 bp | 10.4 bp −$10 | 20.4 bp −$204 | 41.6 bp −$4,155 | 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.BingX0.008524cheapestBybit0.008525+0.012%Gate0.008527+0.035%Pacifica0.008533+0.106%OKX0.008533+0.106%KuCoin0.008533+0.106%Binance0.008533+0.107%MEXC0.008534+0.117%Backpack0.008535+0.129%
BingX
Bybit
Gate
Pacifica
OKX
KuCoin
Binance
MEXC
BackpackBloFin0.008535+0.129%
Nado0.008536+0.141%01 Exchange0.008536+0.141%dYdX0.008536+0.142%Bitget0.008539+0.176%Arcus0.008540+0.188%
Nado
dYdX
Bitget
ArcusSoDEX0.008541+0.199%
Extended0.008544+0.230%Hyperliquid0.008544+0.235%ApeX Omni0.008544+0.235%Aster0.008544+0.237%Aevo0.008545+0.246%Reya0.008546+0.257%Lighter0.008546+0.258%Deribit0.008547+0.270%Kraken Futures0.008548+0.280%GMX0.008548+0.282%gTrade (Gains Network)0.008549+0.287%Orderly0.008549+0.293%HTX0.008552+0.328%Variational Omni0.008557+0.390%Coinbase International0.008662+1.619%SunX0.008750+2.651%Injective0.008792+3.144%
Extended
Hyperliquid
ApeX Omni
Aster
Aevo
Reya
Lighter
Deribit
Kraken Futures
GMX
gTrade (Gains Network)
Orderly
HTX
Variational Omni
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.199% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | −0.187% | +0.0100% | 4h | $21.7M | $27.3M | 75x | as long as short |
| Gate PENGU_USDT | −0.164% | −0.0144% | 4h | $3.5M | $13.0M | 75x | as long as short |
| Pacifica PENGU | −0.094% | +0.0100% | 1h | $202K | $133K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.094% | +0.0100% | 4h | $7.7M | $39.7M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.094% | +0.0100% | 4h | $5.1M | $7.2M | 75x | as long as short |
| Binance PENGUUSDT | −0.092% | +0.0100% | 4h | $36.0M | $128.7M | 75x | as long as short |
| MEXC PENGU_USDT | −0.082% | +0.0100% | 4h | $11.1M | $11.0M | 125x | as long as short |
| Backpack PENGU_USDC_PERP | −0.070% | +0.0044% | 1h | $302K | $306K | 10x | as long as short |
| BloFin PENGU-USDTshort | −0.070% | +0.0340% | 4h | $1.5M | $1.5M | 75x |