Spread before costs (cost unknown: a leg has no order-book sample)+0.434%
7d average—if it closes, per $10,000$43funding while held, a day+$4.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENGU | 0.008555 | 0.0100 | pay 0.0050% / 4h | 20m 25s | $670K | $335K | — |
| Short | Reya PENGURUSDPERP | 0.008592 | 0.0235 | get 0.0029% / 1h | 20m 25s | $290 | — | 10x |
Variational Omni PENGU
Reya PENGURUSDPERPPrice 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
- $43.42
- Funding while held
- $4.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $41.47
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0135%
- Per $10,000 a day
- +$4.05
- 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, 30 min ago | 4.01 bp | doesn't fit | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Variational Omni0.008555cheapest
Gate0.008582+0.318%Bybit0.008584+0.342%OKX0.008587+0.377%HTX0.008587+0.377%Arcus0.008590+0.412%Extended0.008591+0.427%
Gate
Bybit
OKX
HTX
Arcus
ExtendedReya0.008592+0.434%
Lighter0.008592+0.435%Pacifica0.008592+0.435%01 Exchange0.008592+0.435%Binance0.008593+0.447%KuCoin0.008593+0.447%Nado0.008596+0.482%BingX0.008596+0.482%BloFin0.008598+0.505%dYdX0.008598+0.508%Aster0.008599+0.517%Hyperliquid0.008600+0.529%MEXC0.008600+0.529%Bitget0.008600+0.529%Backpack0.008604+0.575%ApeX Omni0.008604+0.575%Orderly0.008606+0.599%Aevo0.008606+0.599%SoDEX0.008606+0.599%Deribit0.008606+0.599%GMX0.008608+0.622%gTrade (Gains Network)0.008609+0.633%Kraken Futures0.008614+0.690%Coinbase International0.008663+1.265%SunX0.008811+2.995%
Lighter
Pacifica
Binance
KuCoin
Nado
BingX
BloFin
dYdX
Aster
Hyperliquid
MEXC
Bitget
Backpack
ApeX Omni
Orderly
Aevo
SoDEX
Deribit
GMX
gTrade (Gains Network)
Kraken Futures
Coinbase International
SunXInjective0.009211+7.671%
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 | $670K | $335K | — | |
| Gate PENGU_USDT | +0.318% | +0.0100% | 4h | $3.7M | $9.8M | 75x | as long as short |
| Bybit PENGUUSDT | +0.342% | +0.0100% | 4h | $21.6M | $22.4M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.377% | +0.0100% | 4h | $7.5M | $35.5M | 50x | as long as short |
| HTX PENGU-USDT | +0.377% | +0.0100% | 4h | $95K | $183K | 25x | as long as short |
| Arcus PENGU-USD | +0.412% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Extended PENGU-USD | +0.427% | +0.0104% | 1h | $190K | $665K | 10x | as long as short |
| Reya PENGURUSDPERPshort | +0.434% | +0.0235% | 1h | $290 | — | 10x | |
| Lighter PENGU | +0.435% | +0.0096% | 1h | $298K | $448K | 8x | as long as short |
| Pacifica PENGU | +0.435% | +0.0100% | 1h | $201K | $125K | 5x | as long as short |