Spread before costs (cost unknown: a leg has no order-book sample)−0.194%
7d average—if it closes, per $10,000$19funding while held, a day−$2.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PENGUUSD | 0.008748 | 0.0184 | pay 0.0023% / 1h | 24m 52s | $200 | $59 | 5x |
| Short | SoDEX PENGU-USD | 0.008731 | 0.0100 | get 0.0013% / 1h | 24m 52s | $987 | $14K | 5x |
Price 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
- −$19.43
- Funding while held
- −$2.52
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$36.95
- Spread needed to break even
- 0.150%
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0084%
- Per $10,000 a day
- −$2.52
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
01 Exchange and SoDEX: 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.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.251% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.217% | +0.0100% | 1h | $308K | $306K | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.206% | L +0.0505% / S −0.0698% | 1h | $112K | — | 100x | as long as short |
| SoDEX PENGU-USDshort | −0.194% | +0.0100% | 1h | $987 | $14K | 5x | |
| Deribit PENGU_USDC-PERPETUAL | −0.194% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| KuCoin PENGUUSDTM | −0.183% | +0.0100% | 4h | $5.2M | $7.2M | 75x | as long as short |
| Aevo PENGU-PERP | −0.183% | +0.0104% | 1h | $202K | $17K | 3x | as long as short |
| Reya PENGURUSDPERP | −0.166% | +0.0236% | 1h | $295 | — | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.163% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Orderly PERP_PENGU_USDC | −0.149% | +0.0096% | 4h | $21K | $187K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter PENGU | −0.137% | +0.0096% | 1h | $315K | $493K | 8x | as long as short |
| Nado PENGU-PERP | −0.134% | +0.0100% | 1h | $640K | $686K | 5x | as long as short |
| Extended PENGU-USD | −0.123% | +0.0104% | 1h | $180K | $678K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.114% | −0.0073% | 1h | $310K | $982K | 50x | as long as short |
| MEXC PENGU_USDT | −0.103% | +0.0100% | 4h | $11.3M | $10.8M | 125x | as long as short |
| Aster PENGUUSDT | −0.092% | +0.0100% | 4h | $180K | $369K | 20x | as long as short |
| ApeX Omni PENGUUSDT | −0.091% | +0.0100% | 1h | $80K | $252K | 50x | as long as short |
| Bybit PENGUUSDT | −0.023% | +0.0100% | 4h | $22.3M | $27.7M | 75x | as long as short |
| Gate PENGU_USDT | −0.023% | −0.0096% | 4h | $3.6M | $12.9M | 75x | as long as short |
| 01 Exchange PENGUUSDlong | 0.000% | +0.0184% | 1h | $200 | $59 | 5x | |
| BingX PENGU-USDT | +0.011% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Arcus PENGU-USD | +0.023% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| Binance PENGUUSDT | +0.035% | +0.0100% | 4h | $37.2M | $130.4M | 75x | as long as short |
| Pacifica PENGU | +0.057% | +0.0100% | 1h | $207K | $133K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | +0.103% | +0.0100% | 4h | $8.1M | $41.4M | 50x | as long as short |
| dYdX PENGU-USD | +0.105% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| Bitget PENGUUSDT | +0.217% | +0.0100% | 4h | $8.5M | $9.9M | 75x | as long as short |
| Hyperliquid PENGU | +0.309% | +0.0100% | 1h | $9.8M | $12.1M | 5x | as long as short |
| Variational Omni PENGU | +0.330% | +0.0100% | 4h | $782K | $526K | — | as long as short |
| HTX PENGU-USDT | +0.389% | +0.0100% | 4h | $98K | $234K | 25x | as long as short |
| Injective PENGU/USDC PERP | +0.503% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.269% | +0.2920% | 1h | $93K | $128K | 50x | as long as short |
| SunX PENGU-USDT | +2.241% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |
SoDEX PENGU-USD
BloFin
Backpack
GMX
Deribit
KuCoin
gTrade (Gains Network)
Lighter
Extended
Kraken Futures
MEXC
Aster
ApeX Omni
Bybit
Gate
BingX
Binance
Pacifica
OKX
Bitget
Hyperliquid
Variational Omni
HTX
Injective
Coinbase International
SunX