Spread before costs (cost unknown: a leg has no order-book sample)+0.085%
7d average—if it closes, per $10,000$8funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008245 | 0.0100 | pay 0.0013% / 1h | 48m 32s | $921 | $14K | 5x |
| Short | Gate PENGU_USDT | 0.008252 | 0.0100 | get 0.0050% / 4h | 1h 48m | $3.4M | $7.3M | 75x |
SoDEX PENGU-USD
Gate 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
- $8.49
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$14.51
- Spread needed to break even
- 0.230%
Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.64 bp | 18.8 bp −$19 | 67.7 bp −$677 | 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.Injective0.007874cheapestVariational Omni0.008211+4.285%ApeX Omni0.008221+4.407%Aevo0.008242+4.674%
Injective
Variational Omni
ApeX Omni
AevoSoDEX0.008245+4.712%
BloFin0.008246+4.724%Aster0.008247+4.735%dYdX0.008247+4.736%Hyperliquid0.008247+4.737%Lighter0.008248+4.750%Backpack0.008248+4.750%Reya0.008249+4.757%Deribit0.008249+4.763%Orderly0.008250+4.775%gTrade (Gains Network)0.008250+4.781%
BloFin
Aster
dYdX
Hyperliquid
Lighter
Backpack
Reya
Deribit
Orderly
gTrade (Gains Network)Gate0.008252+4.801%
KuCoin0.008252+4.801%GMX0.008252+4.801%Kraken Futures0.008252+4.801%Pacifica0.008254+4.826%BingX0.008254+4.826%Extended0.008254+4.830%MEXC0.008255+4.839%Nado0.008257+4.867%Bybit0.008260+4.902%Arcus0.008260+4.902%HTX0.008261+4.915%Binance0.008262+4.928%Bitget0.008266+4.978%OKX0.008267+4.991%Coinbase International0.008378+6.401%SunX0.008450+7.315%
KuCoin
GMX
Kraken Futures
Pacifica
BingX
Extended
MEXC
Nado
Bybit
Arcus
HTX
Binance
Bitget
OKX
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 | −4.500% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.407% | +0.0100% | 4h | $659K | $284K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.291% | −0.0048% | 1h | $71K | $251K | 50x | as long as short |
| Aevo PENGU-PERP | −0.036% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| SoDEX PENGU-USDlong | 0.000% | +0.0100% | 1h | $921 | $14K | 5x | |
| BloFin PENGU-USDT | +0.012% | +0.0340% | 4h | $1.4M | $789K | 75x | as long as short |
| Aster PENGUUSDT | +0.022% | +0.0100% | 4h | $168K | $307K | 20x | as long as short |
| dYdX PENGU-USD | +0.023% | +0.2377% | 1h | $10K | $998 | 5x | as long as short |
| Hyperliquid PENGU | +0.024% | +0.0100% | 1h | $8.2M | $5.9M | 5x | as long as short |
| Lighter PENGU | +0.036% | +0.0096% | 1h | $315K | $384K | 8x | as long as short |