Spread before costs (cost unknown: a leg has no order-book sample)−0.013%
7d average—if it closes, per $10,000$1funding while held, a day−$2.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008288 | 0.0100 | pay 0.0013% / 1h | 39m 39s | $926 | $14K | 5x |
| Short | gTrade (Gains Network) PENGU/USD | 0.008287 | L +0.0007% / S −0.0003% | get 0.0000% / 1h | 39m 39s | $32K | — | 150x |
SoDEX PENGU-USD
gTrade (Gains Network) 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
- −$1.29
- Funding while held
- −$2.91
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$22.2
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0097%
- Per $10,000 a day
- −$2.91
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
SoDEX and gTrade (Gains Network): 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.Injective0.007874cheapestCoinbase International0.008193+4.051%ApeX Omni0.008264+4.953%Nado0.008282+5.188%Variational Omni0.008284+5.213%Aevo0.008285+5.220%BloFin0.008286+5.232%
Injective
Coinbase International
ApeX Omni
Nado
Variational Omni
Aevo
BloFingTrade (Gains Network)0.008287+5.244%
Backpack0.008287+5.245%Orderly0.008287+5.245%Deribit0.008287+5.245%HTX0.008287+5.245%Reya0.008287+5.246%
Backpack
Orderly
Deribit
HTX
ReyaSoDEX0.008288+5.258%
GMX0.008290+5.283%Aster0.008292+5.305%BingX0.008293+5.321%dYdX0.008294+5.331%Extended0.008294+5.332%Bybit0.008294+5.334%Binance0.008295+5.342%Pacifica0.008295+5.347%KuCoin0.008295+5.347%Hyperliquid0.008296+5.359%Gate0.008296+5.359%MEXC0.008296+5.359%Lighter0.008297+5.372%Kraken Futures0.008297+5.373%OKX0.008298+5.385%Arcus0.008300+5.410%Bitget0.008302+5.436%SunX0.008488+7.798%
GMX
Aster
BingX
dYdX
Extended
Bybit
Binance
Pacifica
KuCoin
Hyperliquid
Gate
MEXC
Lighter
Kraken Futures
OKX
Arcus
Bitget
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 | −4.995% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Coinbase International PENGU-PERP-INTX | −1.146% | +0.2088% | 1h | $78K | $192K | 50x | as long as short |
| ApeX Omni PENGUUSDT | −0.290% | +0.0100% | 1h | $71K | $251K | 50x | as long as short |
| Nado PENGU-PERP | −0.066% | +0.0100% | 1h | $210K | $266K | 5x | as long as short |
| Variational Omni PENGU | −0.043% | +0.0100% | 4h | $665K | $284K | — | as long as short |
| Aevo PENGU-PERP | −0.036% | +0.0104% | 1h | $191K | $17K | 3x | as long as short |
| BloFin PENGU-USDT | −0.024% | +0.0340% | 4h | $1.4M | $773K | 75x | as long as short |
| gTrade (Gains Network) PENGU/USDshort | −0.013% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | |
| Backpack PENGU_USDC_PERP | −0.012% | +0.0100% | 1h | $285K | $252K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.012% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.012% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| HTX PENGU-USDT | −0.012% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| Reya PENGURUSDPERP | −0.011% | +0.0235% | 1h | $280 | — | 10x | as long as short |
| SoDEX PENGU-USDlong | 0.000% | +0.0100% | 1h | $926 | $14K | 5x | |
| GMX PENGU/USD [WBTC.b-USDC] | +0.024% | L +0.0385% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| Aster PENGUUSDT | +0.045% | +0.0100% | 4h | $168K | $307K | 20x | as long as short |
| BingX PENGU-USDC | +0.060% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| dYdX PENGU-USD | +0.069% | +0.1443% | 1h | $10K | $998 | 5x | as long as short |
| Extended PENGU-USD | +0.071% | +0.0104% | 1h | $159K | $638K | 10x | as long as short |
| Bybit PENGUUSDT | +0.072% | +0.0100% | 4h | $20.3M | $19.7M | 75x | as long as short |
| Binance PENGUUSDT | +0.080% | +0.0100% | 4h | $35.4M | $95.2M | 75x | as long as short |
| Pacifica PENGU | +0.084% | +0.0100% | 1h | $193K | $121K | 5x | as long as short |
| KuCoin PENGUUSDTM | +0.084% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Hyperliquid PENGU | +0.097% | +0.0100% | 1h | $8.1M | $6.0M | 5x | as long as short |
| Gate PENGU_USDT | +0.097% | +0.0100% | 4h | $3.5M | $7.6M | 75x | as long as short |
| MEXC PENGU_USDT | +0.097% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| Lighter PENGU | +0.109% | +0.0096% | 1h | $316K | $385K | 8x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.110% | +0.0653% | 1h | $348K | $771K | 50x | as long as short |
| OKX PENGU-USDT-SWAP | +0.121% | +0.0100% | 4h | $7.0M | $30.2M | 50x | as long as short |
| Arcus PENGU-USD | +0.145% | +0.0100% | 1h | $4K | $8K | 5x | as long as short |
| Bitget PENGUUSDT | +0.169% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| SunX PENGU-USDT | +2.413% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |