Spread before costs (cost unknown: a leg has no order-book sample)+0.154%
7d average+0.118%if it closes, per $10,000$15funding while held, a day+$12.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENGU | 0.008685 | 0.0100 | pay 0.0050% / 4h | 48m 32s | $702K | $299K | — |
| Short | Kraken Futures PF_PENGUUSD | 0.008699 | 0.0522 | get 0.0065% / 1h | 48m 32s | $372K | $765K | 50x |
Variational Omni PENGU
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
- $15.43
- Funding while held
- $12.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.1
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Kraken Futures: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0422%
- Per $10,000 a day
- +$12.67
- 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, 2 min ago | 4.01 bp | doesn't fit | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 20.07 bp | 32.5 bp −$32 | 61.9 bp −$619 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
InjectiveVariational Omni0.008685+10.305%
KuCoin0.008692+10.389%Aevo0.008693+10.401%Deribit0.008694+10.414%BloFin0.008694+10.414%01 Exchange0.008697+10.452%MEXC0.008697+10.452%Orderly0.008697+10.452%dYdX0.008698+10.465%
KuCoin
Aevo
Deribit
BloFin
MEXC
Orderly
dYdXKraken Futures0.008699+10.475%
Backpack0.008699+10.478%Arcus0.008700+10.490%Gate0.008700+10.490%BingX0.008700+10.490%Extended0.008701+10.500%Pacifica0.008701+10.503%Binance0.008702+10.514%gTrade (Gains Network)0.008702+10.518%Lighter0.008705+10.554%Bybit0.008705+10.554%SoDEX0.008705+10.554%Reya0.008706+10.561%OKX0.008709+10.605%GMX0.008710+10.617%Nado0.008711+10.630%Aster0.008713+10.652%Bitget0.008714+10.668%Hyperliquid0.008717+10.706%ApeX Omni0.008726+10.820%HTX0.008730+10.871%Coinbase International0.008824+12.065%SunX0.008903+13.068%
Backpack
Arcus
Gate
BingX
Extended
Pacifica
Binance
gTrade (Gains Network)
Lighter
Bybit
SoDEX
Reya
OKX
GMX
Nado
Aster
Bitget
Hyperliquid
ApeX Omni
HTX
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.342% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGUlong | 0.000% | +0.0100% | 4h | $702K | $299K | — | |
| KuCoin PENGUUSDTM | +0.076% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| Aevo PENGU-PERP | +0.087% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.099% | −0.0210% | 1h | $22K | $4K | 10x | as long as short |
| BloFin PENGU-USDT | +0.099% | +0.0340% | 4h | $1.5M | $881K | 75x | as long as short |
| 01 Exchange PENGUUSD | +0.133% | −0.0064% | 1h | $168 | $28 | 5x | as long as short |
| MEXC PENGU_USDT | +0.133% | +0.0100% | 4h | $12.0M | $9.0M | 125x | as long as short |
| Orderly PERP_PENGU_USDC | +0.133% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| dYdX PENGU-USD | +0.145% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PENGUUSDshort | +0.154% | +0.0522% | 1h | $372K | $765K | 50x | |
| Backpack PENGU_USDC_PERP | +0.156% | +0.0100% | 1h | $300K | $265K | 10x | as long as short |
| Arcus PENGU-USD | +0.168% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Gate PENGU_USDT | +0.168% | +0.0100% | 4h | $3.8M | $8.6M | 75x | as long as short |
| BingX PENGU-USDC | +0.168% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Extended PENGU-USD | +0.177% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Pacifica PENGU | +0.179% | +0.0100% | 1h | $204K | $124K | 5x | as long as short |
| Binance PENGUUSDT | +0.190% | +0.0100% | 4h | $37.5M | $104.4M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.193% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Lighter PENGU | +0.226% | +0.0096% | 1h | $303K | $442K | 8x | as long as short |
| Bybit PENGUUSDT | +0.226% | +0.0100% | 4h | $21.9M | $21.3M | 75x | as long as short |
| SoDEX PENGU-USD | +0.226% | +0.0100% | 1h | $984 | $14K | 5x | as long as short |
| Reya PENGURUSDPERP | +0.233% | +0.0235% | 1h | $294 | — | 10x | as long as short |
| OKX PENGU-USDT-SWAP | +0.272% | +0.0100% | 4h | $7.7M | $34.2M | 50x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.283% | L +0.0391% / S −0.0366% | 1h | $86K | — | 100x | as long as short |
| Nado PENGU-PERP | +0.295% | +0.0064% | 1h | $224K | $292K | 5x | as long as short |
| Aster PENGUUSDT | +0.315% | +0.0100% | 4h | $176K | $317K | 20x | as long as short |
| Bitget PENGUUSDT | +0.329% | +0.0100% | 4h | $8.6M | $7.7M | 75x | as long as short |
| Hyperliquid PENGU | +0.364% | +0.0100% | 1h | $8.3M | $6.3M | 5x | as long as short |
| ApeX Omni PENGUUSDT | +0.467% | +0.0100% | 1h | $76K | $250K | 50x | as long as short |
| HTX PENGU-USDT | +0.513% | +0.0100% | 4h | $97K | $183K | 25x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.596% | +0.2520% | 1h | $85K | $190K | 50x | as long as short |
| SunX PENGU-USDT | +2.505% | +0.0100% | 4h | $3K | $1.7M | 10x | as long as short |