data as of
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Price arb /

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$102
spread now+0.084%7d average+0.060%fees + slippage, in and out−$105spread needed1.046%
Long on AevoShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PENGU-PERP0.0089830.0104pay 0.0013% / 1h13m 39s$208K$17K3x
ShortAster PENGUUSDT0.0089910.0100get 0.0050% / 4h1h 13m$188K$380K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$8.38
Funding while held
−$0.12
Slippage, 4 orders
−$80.64
Fee Aevo: 8 bp × 2 orders
−$16
Fee Aster: 4 bp × 2 orders
−$8
Net
−$96.38
Spread needed to break even
1.046%
Slippage from Aevo: live order book, 17 min ago; Aster: live order book, 20 min ago.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
−$0.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 17 min ago11.48 bp47.5 bp −$47242.7 bp −$2,427doesn't fitdoesn't fit
Sell Aster live order book, 20 min ago4.59 bp10.3 bp −$1037.9 bp −$379doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.008792cheapestApeX Omni0.008939+1.672%Bybit0.008962+1.934%MEXC0.008962+1.934%OKX0.008964+1.956%Binance0.008965+1.967%KuCoin0.008965+1.968%BingX0.008965+1.968%Bitget0.008967+1.990%Arcus0.008970+2.025%Pacifica0.008979+2.127%Backpack0.008980+2.138%SoDEX0.008980+2.138%Deribit0.008981+2.150%dYdX0.008981+2.153%
Aevo0.008983+2.172%
Reya0.008987+2.218%Extended0.008987+2.221%Gate0.008988+2.229%Orderly0.008989+2.241%Nado0.008989+2.246%
Aster0.008991+2.258%
Lighter0.008991+2.263%Kraken Futures0.008994+2.300%GMX0.008995+2.309%gTrade (Gains Network)0.008997+2.328%01 Exchange0.008998+2.343%HTX0.009001+2.377%Hyperliquid0.009005+2.423%Variational Omni0.009007+2.443%BloFin0.009023+2.627%Coinbase International0.009047+2.900%SunX0.009195+4.584%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENGU/USDC PERP−2.126%+0.0033%1h$3K$24K5.5xas long as short
ApeX Omni PENGUUSDT−0.490%+0.0100%1h$85K$253K50xas long as short
Bybit PENGUUSDT−0.234%+0.0100%4h$24.0M$29.8M75xas long as short
MEXC PENGU_USDT−0.234%+0.0100%4h$12.9M$11.2M125xas long as short
OKX PENGU-USDT-SWAP−0.212%+0.0100%4h$8.3M$43.7M50xas long as short
Binance PENGUUSDT−0.201%+0.0100%4h$38.4M$134.9M75xas long as short
KuCoin PENGUUSDTM−0.200%+0.0100%4h$5.2M$7.4M75xas long as short
BingX PENGU-USDT−0.200%+0.0100%4h—$4.0M—as long as short
Bitget PENGUUSDT−0.178%+0.0100%4h$8.7M$10.6M75xas long as short
Arcus PENGU-USD−0.145%+0.0100%1h$20K$24K5xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica PENGU−0.045%+0.0100%1h$213K$134K5xas long as short
Backpack PENGU_USDC_PERP−0.033%+0.0100%1h$317K$308K10xas long as short
SoDEX PENGU-USD−0.033%+0.0100%1h$1K$14K5xas long as short
Deribit PENGU_USDC-PERPETUAL−0.022%−0.0306%1h$20K$7K10xas long as short
dYdX PENGU-USD−0.019%0.0000%1h$12K$5K5xas long as short
Aevo PENGU-PERPlong0.000%+0.0104%1h$208K$17K3x
Reya PENGURUSDPERP+0.044%+0.0236%1h$303—10xas long as short
Extended PENGU-USD+0.048%+0.0104%1h$185K$678K10xas long as short
Gate PENGU_USDT+0.056%−0.0076%4h$3.7M$13.4M75xas long as short
Orderly PERP_PENGU_USDC+0.067%+0.0100%4h$22K$187K20xas long as short
Nado PENGU-PERP+0.072%+0.0100%1h$660K$695K5xas long as short
Aster PENGUUSDTshort+0.084%+0.0100%4h$188K$380K20x
Lighter PENGU+0.089%+0.0096%1h$344K$532K8xas long as short
Kraken Futures PF_PENGUUSD+0.125%−0.0071%1h$332K$1.0M50xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.134%L +0.0514% / S −0.0698%1h$116K—100xas long as short
gTrade (Gains Network) PENGU/USD+0.152%L +0.0007% / S −0.0003%1h$34K—150xas long as short
01 Exchange PENGUUSD+0.167%+0.0200%1h$206$595xas long as short
HTX PENGU-USDT+0.200%+0.0100%4h$99K$244K25xas long as short
Hyperliquid PENGU+0.245%+0.0100%1h$10.7M$12.7M5xas long as short
Variational Omni PENGU+0.265%+0.0100%4h$800K$532K—as long as short
BloFin PENGU-USDT+0.445%+0.0340%4h$1.5M$1.8M75xas long as short
Coinbase International PENGU-PERP-INTX+0.712%+0.2920%1h$95K$131K50xas long as short
SunX PENGU-USDT+2.360%+0.0100%4h$2K$2.0M10xas long as short