Spread before costs (cost unknown: a leg has no order-book sample)+0.080%
7d average—if it closes, per $10,000$8funding while held, a day+$5.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PENGUUSD | 0.008699 | −0.0080 | get 0.0010% / 1h | 13m 41s | $168 | $28 | 5x |
| Short | Bybit PENGUUSDT | 0.008706 | 0.0100 | get 0.0050% / 4h | 13m 41s | $22.0M | $22.6M | 75x |
Bybit 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
- $8.05
- Funding while held
- $5.4
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$4.55
- Spread needed to break even
- 0.180%
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0180%
- Per $10,000 a day
- +$5.40
- 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 Bybit live order book, 1 min ago | 0.57 bp | 11.4 bp −$11 | 25.0 bp −$250 | 155.5 bp −$15.5K | 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.ApeX Omni0.008654cheapestVariational Omni0.008663+0.101%BloFin0.008690+0.416%Arcus0.008700+0.532%Aevo0.008700+0.532%SoDEX0.008700+0.532%Reya0.008701+0.540%Nado0.008701+0.543%GMX0.008702+0.555%Deribit0.008703+0.566%gTrade (Gains Network)0.008704+0.574%Orderly0.008705+0.589%
ApeX Omni
Variational Omni
BloFin
Arcus
Aevo
SoDEX
Reya
Nado
GMX
Deribit
gTrade (Gains Network)
OrderlyBybit0.008706+0.601%
Backpack0.008712+0.670%OKX0.008713+0.682%MEXC0.008713+0.682%Kraken Futures0.008714+0.690%Binance0.008714+0.692%Pacifica0.008714+0.693%HTX0.008714+0.693%dYdX0.008715+0.702%Lighter0.008716+0.716%KuCoin0.008716+0.716%Gate0.008718+0.740%BingX0.008718+0.740%Hyperliquid0.008719+0.751%Extended0.008727+0.839%Aster0.008730+0.874%Bitget0.008730+0.878%Coinbase International0.008774+1.387%SunX0.008914+3.004%
Backpack
OKX
MEXC
Kraken Futures
Binance
Pacifica
HTX
dYdX
Lighter
KuCoin
Gate
BingX
Hyperliquid
Extended
Aster
Bitget
Coinbase International
SunXInjective0.009138+5.593%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.517% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Variational Omni PENGU | −0.417% | +0.0100% | 4h | $677K | $335K | — | as long as short |
| BloFin PENGU-USDT | −0.103% | +0.0340% | 4h | $1.5M | $928K | 75x | as long as short |
| 01 Exchange PENGUUSDlong | 0.000% | −0.0080% | 1h | $168 | $28 | 5x | |
| Arcus PENGU-USD | +0.011% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Aevo PENGU-PERP | +0.011% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | +0.011% | +0.0100% | 1h | $986 | $14K | 5x | as long as short |
| Reya PENGURUSDPERP | +0.020% | +0.0235% | 1h | $294 | — | 10x | as long as short |
| Nado PENGU-PERP | +0.023% | +0.0100% | 1h | $224K | $312K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.034% | L +0.0479% / S −0.0525% | 1h | $111K | — | 100x | as long as short |