Spread before costs (cost unknown: a leg has no order-book sample)+0.126%
7d average—if it closes, per $10,000$13funding while held, a day+$0.59
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX PENGU-USD | 0.008827 | 0.0100 | pay 0.0013% / 1h | 39m 41s | $999 | $14K | 5x |
| Short | Kraken Futures PF_PENGUUSD | 0.008838 | 0.0120 | get 0.0015% / 1h | 39m 41s | $367K | $855K | 50x |
SoDEX PENGU-USD
Kraken Futures PF_PENGUUSDPrice 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
- $12.62
- Funding while held
- $0.59
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$4.79
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0020%
- Per $10,000 a day
- +$0.59
- 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 Kraken Futures live order book, 5 min ago | 13.38 bp | 18.7 bp −$19 | 69.7 bp −$697 | 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.Reya0.008812cheapestGMX0.008815+0.038%gTrade (Gains Network)0.008817+0.060%Gate0.008818+0.072%Nado0.008818+0.077%Bybit0.008820+0.094%Arcus0.008820+0.094%BingX0.008820+0.094%Deribit0.008820+0.094%MEXC0.008821+0.106%Binance0.008821+0.106%OKX0.008822+0.117%01 Exchange0.008822+0.117%Extended0.008822+0.118%Pacifica0.008823+0.128%KuCoin0.008824+0.140%Aster0.008824+0.140%Backpack0.008825+0.151%Orderly0.008825+0.151%Aevo0.008825+0.151%
Reya
GMX
gTrade (Gains Network)
Gate
Nado
Bybit
Arcus
BingX
Deribit
MEXC
Binance
OKX
Extended
Pacifica
KuCoin
Aster
Backpack
Orderly
AevoSoDEX0.008827+0.174%
dYdX0.008831+0.217%Lighter0.008831+0.219%Bitget0.008833+0.242%HTX0.008835+0.265%Hyperliquid0.008836+0.276%
dYdX
Lighter
Bitget
HTX
HyperliquidKraken Futures0.008838+0.300%
BloFin0.008871+0.673%Variational Omni0.008879+0.768%Injective0.008958+1.660%ApeX Omni0.008963+1.717%SunX0.009038+2.568%Coinbase International0.009047+2.670%
BloFin
Variational Omni
Injective
ApeX Omni
SunX
Coinbase InternationalPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya PENGURUSDPERP | −0.173% | +0.0235% | 1h | $298 | — | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.136% | L +0.0498% / S −0.0676% | 1h | $110K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.114% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Gate PENGU_USDT | −0.102% | +0.0002% | 4h | $4.0M | $11.3M | 75x | as long as short |
| Nado PENGU-PERP | −0.096% | +0.0100% | 1h | $643K | $627K | 5x | as long as short |
| Bybit PENGUUSDT | −0.079% | +0.0100% | 4h | $23.4M | $25.3M | 75x | as long as short |
| Arcus PENGU-USD | −0.079% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| BingX PENGU-USDT | −0.079% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.079% | −0.0090% | 1h | $20K | $7K | 10x | as long as short |
| MEXC PENGU_USDT | −0.068% | +0.0100% | 4h | $12.2M | $10.6M | 125x | as long as short |