After costs, if the gap returns to its 7d average, $10k−$59
spread now−0.211%7d average−0.016%fees + slippage, in and out−$39spread needed0.393%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENGUUSDT | 0.008244 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $167K | $307K | 20x |
| Short | BloFin PENGU-USDT | 0.008227 | 0.0340 | get 0.0170% / 4h | 1h 50m | $1.4M | $787K | 75x |
Aster PENGUUSDT
BloFin PENGU-USDTPrice 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
- −$21.07
- Funding while held
- $7.2
- Slippage, 4 orders
- −$19.27
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.14
- Spread needed to break even
- 0.393%
Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.20
- 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, 3 min ago | 4.89 bp | 12.4 bp −$12 | 151.0 bp −$1,510 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.61 bp | 7.5 bp −$7 | 15.1 bp −$151 | 40.8 bp −$4,079 | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapestApeX Omni0.008186+3.962%Variational Omni0.008211+4.285%Orderly0.008215+4.331%Aevo0.008216+4.343%GMX0.008217+4.356%gTrade (Gains Network)0.008217+4.356%Deribit0.008219+4.382%SoDEX0.008221+4.407%Backpack0.008223+4.432%Nado0.008224+4.451%Kraken Futures0.008226+4.468%
Injective
ApeX Omni
Variational Omni
Orderly
Aevo
GMX
gTrade (Gains Network)
Deribit
SoDEX
Backpack
Nado
Kraken FuturesBloFin0.008227+4.483%
HTX0.008228+4.496%dYdX0.008242+4.679%
HTX
dYdXAster0.008244+4.704%
KuCoin0.008245+4.712%Bybit0.008247+4.737%Pacifica0.008248+4.750%BingX0.008249+4.763%Arcus0.008250+4.775%Gate0.008250+4.775%Lighter0.008251+4.788%MEXC0.008251+4.788%Extended0.008251+4.793%OKX0.008252+4.801%Binance0.008253+4.818%Reya0.008254+4.820%Hyperliquid0.008260+4.902%Bitget0.008263+4.940%Coinbase International0.008378+6.401%SunX0.008414+6.858%
KuCoin
Bybit
Pacifica
BingX
Arcus
Gate
Lighter
MEXC
Extended
OKX
Binance
Reya
Hyperliquid
Bitget
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.492% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.708% | −0.0002% | 1h | $70K | $251K | 50x | as long as short |
| Variational Omni PENGU | −0.400% | +0.0100% | 4h | $659K | $284K | — | as long as short |
| Orderly PERP_PENGU_USDC | −0.356% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Aevo PENGU-PERP | −0.344% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.332% | L +0.0384% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.332% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.308% | −0.0115% | 1h | $21K | $4K | 10x | as long as short |
| SoDEX PENGU-USD | −0.283% | +0.0100% | 1h | $916 | $14K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.259% | −0.0055% | 1h | $283K | $255K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PENGU-PERP | −0.241% | +0.0100% | 1h | $205K | $267K | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.225% | +0.0659% | 1h | $345K | $782K | 50x | as long as short |
| BloFin PENGU-USDTshort | −0.211% | +0.0340% | 4h | $1.4M | $787K | 75x | |
| HTX PENGU-USDT | −0.199% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| dYdX PENGU-USD | −0.024% | +0.2767% | 1h | $10K | $998 | 5x | as long as short |
| Aster PENGUUSDTlong | 0.000% | +0.0100% | 4h | $167K | $307K | 20x | |
| KuCoin PENGUUSDTM | +0.008% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Bybit PENGUUSDT | +0.032% | +0.0100% | 4h | $20.2M | $19.8M | 75x | as long as short |
| Pacifica PENGU | +0.044% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| BingX PENGU-USDC | +0.056% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | +0.068% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Gate PENGU_USDT | +0.068% | +0.0100% | 4h | $3.3M | $7.2M | 75x | as long as short |
| Lighter PENGU | +0.080% | +0.0096% | 1h | $315K | $384K | 8x | as long as short |
| MEXC PENGU_USDT | +0.080% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| Extended PENGU-USD | +0.085% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | +0.093% | +0.0100% | 4h | $6.9M | $30.3M | 50x | as long as short |
| Binance PENGUUSDT | +0.109% | +0.0100% | 4h | $34.9M | $95.0M | 75x | as long as short |
| Reya PENGURUSDPERP | +0.111% | +0.0234% | 1h | $279 | — | 10x | as long as short |
| Hyperliquid PENGU | +0.190% | +0.0100% | 1h | $8.2M | $5.9M | 5x | as long as short |
| Bitget PENGUUSDT | +0.226% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.621% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.058% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |