Spread before costs (cost unknown: a leg has no order-book sample)−0.159%
7d average—if it closes, per $10,000$16funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENGU | 0.008791 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $697K | $374K | — |
| Short | Deribit PENGU_USDC-PERPETUAL | 0.008777 | 0 | get 0.0000% / 1h | 27m 24s | $20K | $7K | 10x |
Variational Omni PENGU
Deribit PENGU_USDC-PERPETUALPrice 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
- −$15.91
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$25.91
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Variational Omni RFQ quote, 18 min ago | 3.93 bp | doesn't fit | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.gTrade (Gains Network)0.008746cheapestApeX Omni0.008747+0.009%Bybit0.008751+0.055%MEXC0.008751+0.055%Reya0.008751+0.058%OKX0.008752+0.066%Nado0.008755+0.101%Gate0.008757+0.123%Binance0.008760+0.157%Arcus0.008760+0.158%KuCoin0.008760+0.158%Bitget0.008760+0.158%BloFin0.008761+0.169%dYdX0.008762+0.175%Pacifica0.008762+0.181%Extended0.008763+0.191%BingX0.008765+0.215%Hyperliquid0.008766+0.226%Lighter0.008771+0.283%SoDEX0.008771+0.283%Aster0.008771+0.284%01 Exchange0.008775+0.329%Backpack0.008776+0.341%Orderly0.008777+0.352%
gTrade (Gains Network)
ApeX Omni
Bybit
MEXC
Reya
OKX
Nado
Gate
Binance
Arcus
KuCoin
Bitget
BloFin
dYdX
Pacifica
Extended
BingX
Hyperliquid
Lighter
SoDEX
Aster
Backpack
OrderlyDeribit0.008777+0.352%
Aevo0.008780+0.386%GMX0.008784+0.432%Kraken Futures0.008790+0.505%
Aevo
GMX
Kraken FuturesVariational Omni0.008791+0.512%
Injective0.008792+0.524%HTX0.008809+0.718%Coinbase International0.008950+2.330%SunX0.008986+2.742%
Injective
HTX
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PENGU/USD | −0.509% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| ApeX Omni PENGUUSDT | −0.500% | +0.0100% | 1h | $80K | $252K | 50x | as long as short |
| Bybit PENGUUSDT | −0.455% | +0.0100% | 4h | $23.1M | $25.6M | 75x | as long as short |
| MEXC PENGU_USDT | −0.455% | +0.0100% | 4h | $11.6M | $10.8M | 125x | as long as short |
| Reya PENGURUSDPERP | −0.452% | +0.0235% | 1h | $296 | — | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.443% | +0.0100% | 4h | $7.9M | $39.9M | 50x | as long as short |
| Nado PENGU-PERP | −0.409% | +0.0100% | 1h | $639K | $627K | 5x | as long as short |
| Gate PENGU_USDT | −0.387% | −0.0028% | 4h | $3.7M | $11.9M | 75x | as long as short |
| Binance PENGUUSDT | −0.353% | +0.0100% | 4h | $37.6M | $124.7M | 75x | as long as short |
| Arcus PENGU-USD | −0.352% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |