Spread before costs (cost unknown: a leg has no order-book sample)−0.089%
7d average—if it closes, per $10,000$9funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PENGUUSD | 0.008998 | 0.0200 | pay 0.0025% / 1h | 14m 36s | $206 | $59 | 5x |
| Short | Bitget PENGUUSDT | 0.008990 | 0.0100 | get 0.0050% / 4h | 1h 14m | $8.8M | $10.6M | 75x |
Bitget PENGUUSDTPrice 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
- −$8.89
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30.89
- Spread needed to break even
- 0.190%
Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, just now. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, just now | 0.56 bp | 12.3 bp −$12 | 33.8 bp −$338 | doesn't fit | doesn't fit |
01 Exchange: 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.Injective0.008792cheapestApeX Omni0.008939+1.672%Extended0.008985+2.192%OKX0.008986+2.207%Bybit0.008988+2.229%BingX0.008988+2.229%Arcus0.008990+2.252%KuCoin0.008990+2.252%
Injective
ApeX Omni
Extended
OKX
Bybit
BingX
Arcus
KuCoinBitget0.008990+2.252%
Gate0.008994+2.298%MEXC0.008996+2.320%Variational Omni0.009007+2.443%dYdX0.009008+2.461%Binance0.009009+2.464%Nado0.009010+2.485%Pacifica0.009012+2.502%Reya0.009014+2.525%SoDEX0.009016+2.548%Aevo0.009018+2.571%GMX0.009019+2.582%Deribit0.009020+2.593%Orderly0.009021+2.605%gTrade (Gains Network)0.009022+2.612%Lighter0.009023+2.627%BloFin0.009023+2.627%Kraken Futures0.009025+2.655%Backpack0.009031+2.718%HTX0.009032+2.730%Aster0.009035+2.765%Hyperliquid0.009036+2.775%Coinbase International0.009047+2.900%SunX0.009237+5.061%
Gate
MEXC
Variational Omni
dYdX
Binance
Nado
Pacifica
Reya
SoDEX
Aevo
GMX
Deribit
Orderly
gTrade (Gains Network)
Lighter
BloFin
Kraken Futures
Backpack
HTX
Aster
Hyperliquid
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 | −2.289% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.656% | +0.0100% | 1h | $85K | $253K | 50x | as long as short |
| Extended PENGU-USD | −0.147% | +0.0104% | 1h | $186K | $678K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.133% | +0.0100% | 4h | $8.4M | $43.7M | 50x | as long as short |
| Bybit PENGUUSDT | −0.111% | +0.0100% | 4h | $24.1M | $29.7M | 75x | as long as short |
| BingX PENGU-USDT | −0.111% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Arcus PENGU-USD | −0.089% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.089% | +0.0100% | 4h | $5.2M | $7.4M | 75x | as long as short |
| Bitget PENGUUSDTshort | −0.089% | +0.0100% | 4h | $8.8M | $10.6M | 75x | |
| Gate PENGU_USDT | −0.044% | −0.0076% | 4h | $3.7M | $13.4M | 75x | as long as short |