Spread before costs (cost unknown: a leg has no order-book sample)+0.330%
7d average+0.003%if it closes, per $10,000$33funding while held, a day−$8.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENGU | 0.008552 | 0.0100 | pay 0.0050% / 4h | 21m 32s | $664K | $330K | — |
| Short | Backpack PENGU_USDC_PERP | 0.008580 | −0.0194 | pay 0.0024% / 1h | 21m 32s | $300K | $275K | 10x |
Variational Omni PENGU
Backpack PENGU_USDC_PERPPrice 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
- $33.01
- Funding while held
- −$8.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $14.18
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Backpack: live order book, 28 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0294%
- Per $10,000 a day
- −$8.83
- 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 Variational Omni RFQ quote, 29 min ago | 4.01 bp | doesn't fit | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 28 min ago | 0.57 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.008552cheapest
Hyperliquid0.008578+0.307%Aster0.008579+0.319%
Hyperliquid
AsterBackpack0.008580+0.330%
SoDEX0.008582+0.353%Nado0.008582+0.359%Reya0.008583+0.362%BingX0.008586+0.400%GMX0.008588+0.424%Deribit0.008588+0.424%dYdX0.008589+0.437%Arcus0.008590+0.447%KuCoin0.008590+0.447%Aevo0.008590+0.447%Kraken Futures0.008591+0.454%Orderly0.008592+0.470%Lighter0.008593+0.482%gTrade (Gains Network)0.008594+0.493%Gate0.008594+0.494%BloFin0.008595+0.505%Pacifica0.008596+0.517%01 Exchange0.008597+0.529%MEXC0.008597+0.529%Binance0.008597+0.531%Extended0.008599+0.558%Bitget0.008604+0.611%ApeX Omni0.008604+0.611%HTX0.008608+0.657%Bybit0.008612+0.704%OKX0.008618+0.774%Coinbase International0.008680+1.499%SunX0.008787+2.751%
SoDEX
Nado
Reya
BingX
GMX
Deribit
dYdX
Arcus
KuCoin
Aevo
Kraken Futures
Orderly
Lighter
gTrade (Gains Network)
Gate
BloFin
Pacifica
MEXC
Binance
Extended
Bitget
ApeX Omni
HTX
Bybit
OKX
Coinbase International
SunXInjective0.009211+7.709%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGUlong | 0.000% | +0.0100% | 4h | $664K | $330K | — | |
| Hyperliquid PENGU | +0.307% | +0.0100% | 1h | $8.2M | $6.6M | 5x | as long as short |
| Aster PENGUUSDT | +0.319% | +0.0100% | 4h | $172K | $321K | 20x | as long as short |
| Backpack PENGU_USDC_PERPshort | +0.330% | −0.0194% | 1h | $300K | $275K | 10x | |
| SoDEX PENGU-USD | +0.353% | +0.0100% | 1h | $977 | $14K | 5x | as long as short |
| Nado PENGU-PERP | +0.359% | +0.0100% | 1h | $221K | $309K | 5x | as long as short |
| Reya PENGURUSDPERP | +0.362% | +0.0235% | 1h | $290 | — | 10x | as long as short |
| BingX PENGU-USDC | +0.400% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.424% | L +0.0390% / S −0.0366% | 1h | $85K | — | 100x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.424% | −0.0099% | 1h | $21K | $4K | 10x | as long as short |