Spread before costs (cost unknown: a leg has no order-book sample)+0.187%
7d average—if it closes, per $10,000$19funding while held, a day+$213.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENGU | 0.008677 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $752K | $494K | — |
| Short | dYdX PENGU-USD | 0.008693 | 0.7217 | get 0.0902% / 1h | 5m 52s | $11K | $5K | 5x |
Variational Omni PENGU
dYdX 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
- $18.75
- Funding while held
- $213.52
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $222.26
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.7117%
- Per $10,000 a day
- +$213.52
- 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, 39 min ago | 3.93 bp | doesn't fit | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.BloFin0.008673cheapest
BloFinVariational Omni0.008677+0.043%
ApeX Omni0.008677+0.046%BingX0.008678+0.058%Gate0.008684+0.127%MEXC0.008691+0.208%Aevo0.008691+0.208%OKX0.008692+0.219%Bybit0.008693+0.231%SoDEX0.008693+0.231%
ApeX Omni
BingX
Gate
MEXC
Aevo
OKX
Bybit
SoDEXdYdX0.008693+0.231%
KuCoin0.008694+0.242%Backpack0.008695+0.254%Pacifica0.008696+0.265%Orderly0.008696+0.265%Reya0.008696+0.269%Bitget0.008697+0.277%Deribit0.008698+0.288%Aster0.008698+0.291%Binance0.008700+0.307%Arcus0.008700+0.311%Extended0.008700+0.312%Nado0.008700+0.317%GMX0.008702+0.334%gTrade (Gains Network)0.008702+0.337%Hyperliquid0.008703+0.346%Lighter0.008703+0.346%Kraken Futures0.008705+0.371%01 Exchange0.008708+0.404%HTX0.008714+0.473%Coinbase International0.008758+0.980%Injective0.008792+1.372%SunX0.008906+2.686%
KuCoin
Backpack
Pacifica
Orderly
Reya
Bitget
Deribit
Aster
Binance
Arcus
Extended
Nado
GMX
gTrade (Gains Network)
Hyperliquid
Lighter
Kraken Futures
HTX
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.043% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Variational Omni PENGUlong | 0.000% | +0.0100% | 4h | $752K | $494K | — | |
| ApeX Omni PENGUUSDT | +0.003% | +0.0100% | 1h | $79K | $253K | 50x | as long as short |
| BingX PENGU-USDC | +0.014% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate PENGU_USDT | +0.083% | −0.0102% | 4h | $3.6M | $12.6M | 75x | as long as short |
| MEXC PENGU_USDT | +0.164% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| Aevo PENGU-PERP | +0.164% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| OKX PENGU-USDT-SWAP | +0.176% | +0.0100% | 4h | $7.7M | $40.0M | 50x | as long as short |
| Bybit PENGUUSDT | +0.187% | +0.0100% | 4h | $22.2M | $26.6M | 75x | as long as short |
| SoDEX PENGU-USD | +0.187% | +0.0100% | 1h | $974 | $14K | 5x | as long as short |