Spread before costs (cost unknown: a leg has no order-book sample)+2.924%
7d average—if it closes, per $10,000$292funding while held, a day+$4.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PENGUUSD | 0.008688 | −0.0048 | get 0.0006% / 1h | 46m 25s | $167 | $28 | 5x |
| Short | SunX PENGU-USDT | 0.008942 | 0.0100 | get 0.0050% / 4h | 46m 25s | $2K | $1.7M | 10x |
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
- $292.36
- Funding while held
- $4.44
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- $279.8
- Spread needed to break even
- 0.170%
Slippage unknown: 01 Exchange: no order-book sample; SunX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0148%
- Per $10,000 a day
- +$4.44
- 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 SunX live order book, 5 min ago | 254.08 bp | doesn't fit | doesn't fit | 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.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.369% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Arcus PENGU-USD | −0.092% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Bybit PENGUUSDT | −0.046% | +0.0100% | 4h | $21.8M | $21.4M | 75x | as long as short |
| Variational Omni PENGU | −0.030% | +0.0100% | 4h | $702K | $299K | — | as long as short |
| Extended PENGU-USD | −0.016% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Reya PENGURUSDPERP | −0.009% | +0.0235% | 1h | $293 | — | 10x | as long as short |
| 01 Exchange PENGUUSDlong | 0.000% | −0.0048% | 1h | $167 | $28 | 5x | |
| Gate PENGU_USDT | 0.000% | +0.0100% | 4h | $3.8M | $8.7M | 75x | as long as short |
| MEXC PENGU_USDT | 0.000% | +0.0100% | 4h | $12.0M | $9.1M | 125x | as long as short |
| OKX PENGU-USDT-SWAP | +0.012% | +0.0100% | 4h | $7.7M | $34.3M | 50x | as long as short |
SunX PENGU-USDT
Injective
Bybit
Variational Omni
Extended
Gate
MEXC
OKX
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KuCoin
BingX
Hyperliquid
Lighter
Pacifica
Bitget
GMX
Aster
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gTrade (Gains Network)
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Deribit
BloFin
Backpack
Kraken Futures
Coinbase International