After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.035%7d average+0.012%fees + slippage, in and out−$53spread needed0.535%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENGUUSDT | 0.008601 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $204K | $340K | 20x |
| Short | Bitget PENGUUSDT | 0.008604 | 0.0100 | get 0.0050% / 4h | 1h 59m | $8.4M | $9.8M | 75x |
Aster PENGUUSDT
Bitget PENGUUSDTPrice 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
- $3.49
- Funding while held
- $0
- Slippage, 4 orders
- −$33.48
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50
- Spread needed to break even
- 0.535%
Slippage from Aster: live order book, 39 min ago; Bitget: live order book, just now.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 39 min ago | 6.37 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 0.58 bp | 13.8 bp −$14 | 38.9 bp −$389 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.008541cheapestVariational Omni0.008570+0.343%Nado0.008574+0.389%Reya0.008578+0.438%GMX0.008583+0.492%BloFin0.008583+0.492%gTrade (Gains Network)0.008584+0.499%Backpack0.008585+0.515%Aevo0.008585+0.515%SoDEX0.008586+0.527%Deribit0.008586+0.527%Orderly0.008589+0.562%Kraken Futures0.008589+0.564%Gate0.008590+0.574%Bybit0.008594+0.621%BingX0.008595+0.632%HTX0.008596+0.644%Binance0.008598+0.670%Pacifica0.008599+0.679%KuCoin0.008599+0.679%Arcus0.008600+0.691%dYdX0.008600+0.694%Lighter0.008601+0.702%
ApeX Omni
Variational Omni
Nado
Reya
GMX
BloFin
gTrade (Gains Network)
Backpack
Aevo
SoDEX
Deribit
Orderly
Kraken Futures
Gate
Bybit
BingX
HTX
Binance
Pacifica
KuCoin
Arcus
dYdX
LighterAster0.008601+0.702%
MEXC0.008601+0.702%OKX0.008602+0.714%Extended0.008602+0.715%Hyperliquid0.008604+0.738%
MEXC
OKX
Extended
HyperliquidBitget0.008604+0.738%
01 Exchange0.008610+0.808%Coinbase International0.008662+1.417%Injective0.008792+2.939%SunX0.008793+2.950%
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.698% | +0.0100% | 1h | $78K | $253K | 50x | as long as short |
| Variational Omni PENGU | −0.357% | +0.0100% | 4h | $761K | $530K | — | as long as short |
| Nado PENGU-PERP | −0.311% | +0.0100% | 1h | $625K | $681K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.263% | +0.0236% | 1h | $290 | — | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.209% | L +0.0489% / S −0.0675% | 1h | $107K | — | 100x | as long as short |
| BloFin PENGU-USDT | −0.209% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.203% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Backpack PENGU_USDC_PERP | −0.186% | +0.0052% | 1h | $303K | $305K | 10x | as long as short |
| Aevo PENGU-PERP | −0.186% | +0.0104% | 1h | $198K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | −0.174% | +0.0100% | 1h | $969 | $14K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.174% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.140% | +0.0097% | 4h | $21K | $188K | 20x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.138% | +0.0290% | 1h | $310K | $956K | 50x | as long as short |
| Gate PENGU_USDT | −0.128% | −0.0128% | 4h | $3.5M | $12.8M | 75x | as long as short |
| Bybit PENGUUSDT | −0.081% | +0.0100% | 4h | $21.9M | $27.4M | 75x | as long as short |
| BingX PENGU-USDT | −0.070% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| HTX PENGU-USDT | −0.058% | +0.0100% | 4h | $99K | $207K | 25x | as long as short |
| Binance PENGUUSDT | −0.033% | +0.0100% | 4h | $36.2M | $128.8M | 75x | as long as short |
| Pacifica PENGU | −0.023% | +0.0100% | 1h | $203K | $133K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.023% | +0.0100% | 4h | $5.1M | $7.2M | 75x | as long as short |
| Arcus PENGU-USD | −0.012% | +0.0100% | 1h | $18K | $23K | 5x | as long as short |
| dYdX PENGU-USD | −0.008% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Lighter PENGU | 0.000% | +0.0096% | 1h | $310K | $491K | 8x | as long as short |
| Aster PENGUUSDTlong | 0.000% | +0.0100% | 4h | $204K | $340K | 20x | |
| MEXC PENGU_USDT | 0.000% | +0.0100% | 4h | $11.2M | $10.7M | 125x | as long as short |
| OKX PENGU-USDT-SWAP | +0.012% | +0.0100% | 4h | $7.9M | $40.2M | 50x | as long as short |
| Extended PENGU-USD | +0.012% | +0.0104% | 1h | $176K | $678K | 10x | as long as short |
| Hyperliquid PENGU | +0.035% | +0.0314% | 1h | $9.5M | $12.0M | 5x | as long as short |
| Bitget PENGUUSDTshort | +0.035% | +0.0100% | 4h | $8.4M | $9.8M | 75x | |
| 01 Exchange PENGUUSD | +0.105% | +0.0176% | 1h | $166 | $28 | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.709% | +0.2968% | 1h | $91K | $128K | 50x | as long as short |
| Injective PENGU/USDC PERP | +2.221% | +0.4551% | 1h | $3K | $51K | 5.5x | as long as short |
| SunX PENGU-USDT | +2.232% | +0.0100% | 4h | $2K | $2.0M | 10x | as long as short |