After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.183%7d average−0.047%fees + slippage, in and out−$58spread needed0.577%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENGUUSDT | 0.008566 | 0.0100 | pay 0.0050% / 4h | 27m 46s | $172K | $321K | 20x |
| Short | Backpack PENGU_USDC_PERP | 0.008582 | −0.0275 | pay 0.0034% / 1h | 27m 46s | $301K | $275K | 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
- $18.27
- Funding while held
- −$11.26
- Slippage, 4 orders
- −$39.66
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$50.65
- Spread needed to break even
- 0.577%
Slippage from Aster: live order book, 21 min ago; Backpack: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0375%
- Per $10,000 a day
- −$11.26
- 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 Aster live order book, 21 min ago | 13.76 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 22 min ago | 0.57 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.518% | +0.0100% | 1h | $74K | $251K | 50x | as long as short |
| BloFin PENGU-USDT | −0.483% | +0.0340% | 4h | $1.5M | $906K | 75x | as long as short |
| Nado PENGU-PERP | −0.465% | +0.0100% | 1h | $219K | $305K | 5x | as long as short |
| Variational Omni PENGU | −0.370% | +0.0100% | 4h | $664K | $327K | — | as long as short |
| Arcus PENGU-USD | −0.308% | +0.0100% | 1h | $3K | $9K | 5x | as long as short |
| BingX PENGU-USDC | −0.261% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Extended PENGU-USD | −0.206% | +0.0104% | 1h | $189K | $665K | 10x | as long as short |
| Bybit PENGUUSDT | −0.203% | +0.0100% | 4h | $21.5M | $22.1M | 75x | as long as short |
| dYdX PENGU-USD | −0.183% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Lighter PENGU | −0.168% | +0.0096% | 1h | $297K | $445K | 8x | as long as short |
Aster PENGUUSDT
Backpack PENGU_USDC_PERP
ApeX Omni
BloFin
Variational Omni
BingX
Extended
Bybit
Lighter
Pacifica
OKX
Gate
Binance
Hyperliquid
KuCoin
MEXC
Bitget
SoDEX
Deribit
Kraken Futures
gTrade (Gains Network)
GMX
HTX
Coinbase International
SunX
Injective