Spread before costs (cost unknown: a leg has no order-book sample)+0.595%
7d average—if it closes, per $10,000$59funding while held, a day−$4.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange PENGUUSD | 0.008739 | 0.0248 | pay 0.0031% / 1h | 26m 30s | $168 | $28 | 5x |
| Short | Variational Omni PENGU | 0.008791 | 0.0100 | get 0.0050% / 4h | 3h 26m | $697K | $374K | — |
Variational Omni PENGUPrice 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
- $59.48
- Funding while held
- −$4.44
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $48.04
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 19 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 Variational Omni RFQ quote, 19 min ago | 3.93 bp | doesn't fit | 25.3 bp −$253 | 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.Gate0.008724cheapestKuCoin0.008724cheapestLighter0.008726+0.023%BingX0.008726+0.023%Aster0.008727+0.036%Pacifica0.008728+0.046%Extended0.008728+0.051%MEXC0.008729+0.057%Arcus0.008730+0.069%dYdX0.008733+0.098%Hyperliquid0.008734+0.115%Backpack0.008736+0.138%Reya0.008736+0.141%Bybit0.008738+0.160%OKX0.008738+0.160%Binance0.008738+0.166%Orderly0.008742+0.206%Deribit0.008742+0.206%BloFin0.008742+0.206%Bitget0.008744+0.229%GMX0.008744+0.229%SoDEX0.008744+0.229%Aevo0.008745+0.241%gTrade (Gains Network)0.008746+0.255%ApeX Omni0.008747+0.264%Kraken Futures0.008754+0.341%Nado0.008755+0.355%HTX0.008764+0.459%
Gate
KuCoin
Lighter
BingX
Aster
Pacifica
Extended
MEXC
Arcus
dYdX
Hyperliquid
Backpack
Reya
Bybit
OKX
Binance
Orderly
Deribit
BloFin
Bitget
GMX
SoDEX
Aevo
gTrade (Gains Network)
ApeX Omni
Kraken Futures
Nado
HTXVariational Omni0.008791+0.768%
Injective0.008792+0.779%Coinbase International0.008950+2.591%SunX0.008952+2.613%
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.172% | −0.0044% | 4h | $3.7M | $12.0M | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.172% | +0.0100% | 4h | $5.2M | $7.0M | 75x | as long as short |
| Lighter PENGU | −0.149% | +0.0096% | 1h | $311K | $470K | 8x | as long as short |
| BingX PENGU-USDT | −0.149% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Aster PENGUUSDT | −0.135% | +0.0100% | 4h | $180K | $338K | 20x | as long as short |
| Pacifica PENGU | −0.126% | +0.0100% | 1h | $204K | $129K | 5x | as long as short |
| Extended PENGU-USD | −0.121% | +0.0104% | 1h | $181K | $677K | 10x | as long as short |
| MEXC PENGU_USDT | −0.114% | +0.0100% | 4h | $11.6M | $10.8M | 125x | as long as short |
| Arcus PENGU-USD | −0.103% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| dYdX PENGU-USD | −0.074% | +0.8995% | 1h | $12K | $4K | 5x | as long as short |