After costs, if the gap returns to its 7d average, $10k−$67
spread now+0.077%7d average+0.053%fees + slippage, in and out−$69spread needed0.689%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENGUUSDT | 0.008661 | 0.0100 | pay 0.0050% / 4h | 52m 10s | $175K | $317K | 20x |
| Short | Kraken Futures PF_PENGUUSD | 0.008668 | 0.0524 | get 0.0066% / 1h | 52m 10s | $371K | $765K | 50x |
Aster PENGUUSDT
Kraken Futures PF_PENGUUSDPrice 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
- $7.67
- Funding while held
- $12.73
- Slippage, 4 orders
- −$50.92
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$48.52
- Spread needed to break even
- 0.689%
Slippage from Aster: live order book, 61 min ago; Kraken Futures: live order book, 63 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0424%
- Per $10,000 a day
- +$12.73
- 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, 61 min ago | 4.89 bp | 12.4 bp −$12 | 151.0 bp −$1,510 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 12.14 bp | 21.2 bp −$21 | 38.2 bp −$382 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
Variational Omni0.008596+9.172%BloFin0.008604+9.271%Pacifica0.008632+9.627%ApeX Omni0.008632+9.627%dYdX0.008634+9.649%Arcus0.008640+9.728%01 Exchange0.008652+9.881%HTX0.008652+9.881%Extended0.008654+9.909%Nado0.008655+9.919%Orderly0.008655+9.919%Aevo0.008657+9.944%gTrade (Gains Network)0.008657+9.949%Reya0.008658+9.960%Deribit0.008659+9.970%
Injective
Variational Omni
BloFin
Pacifica
ApeX Omni
dYdX
Arcus
HTX
Extended
Nado
Orderly
Aevo
gTrade (Gains Network)
Reya
DeribitAster0.008661+10.000%
GMX0.008662+10.008%Bybit0.008664+10.033%SoDEX0.008665+10.046%
GMX
Bybit
SoDEXKraken Futures0.008668+10.084%
MEXC0.008669+10.097%Lighter0.008671+10.122%KuCoin0.008671+10.122%Binance0.008672+10.137%OKX0.008674+10.160%BingX0.008674+10.160%Gate0.008675+10.173%Backpack0.008677+10.198%Hyperliquid0.008681+10.249%Bitget0.008683+10.274%Coinbase International0.008702+10.516%SunX0.008877+12.738%
MEXC
Lighter
KuCoin
Binance
OKX
BingX
Gate
Backpack
Hyperliquid
Bitget
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.091% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.753% | +0.0100% | 4h | $695K | $293K | — | as long as short |
| BloFin PENGU-USDT | −0.663% | +0.0340% | 4h | $1.5M | $872K | 75x | as long as short |
| Pacifica PENGU | −0.339% | +0.0100% | 1h | $203K | $124K | 5x | as long as short |
| ApeX Omni PENGUUSDT | −0.339% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| dYdX PENGU-USD | −0.319% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Arcus PENGU-USD | −0.247% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.108% | −0.0088% | 1h | $167 | $28 | 5x | as long as short |
| HTX PENGU-USDT | −0.108% | +0.0100% | 4h | $96K | $183K | 25x | as long as short |
| Extended PENGU-USD | −0.082% | +0.0104% | 1h | $188K | $661K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PENGU-PERP | −0.074% | +0.0100% | 1h | $222K | $291K | 5x | as long as short |
| Orderly PERP_PENGU_USDC | −0.074% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Aevo PENGU-PERP | −0.051% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.047% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Reya PENGURUSDPERP | −0.036% | +0.0235% | 1h | $292 | — | 10x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.028% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| Aster PENGUUSDTlong | 0.000% | +0.0100% | 4h | $175K | $317K | 20x | |
| GMX PENGU/USD [WBTC.b-USDC] | +0.007% | L +0.0390% / S −0.0364% | 1h | $85K | — | 100x | as long as short |
| Bybit PENGUUSDT | +0.030% | +0.0100% | 4h | $21.7M | $21.0M | 75x | as long as short |
| SoDEX PENGU-USD | +0.042% | +0.0100% | 1h | $982 | $14K | 5x | as long as short |
| Kraken Futures PF_PENGUUSDshort | +0.077% | +0.0524% | 1h | $371K | $765K | 50x | |
| MEXC PENGU_USDT | +0.088% | +0.0100% | 4h | $11.6M | $8.9M | 125x | as long as short |
| Lighter PENGU | +0.111% | +0.0096% | 1h | $303K | $440K | 8x | as long as short |
| KuCoin PENGUUSDTM | +0.111% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| Binance PENGUUSDT | +0.125% | +0.0100% | 4h | $37.3M | $103.2M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.146% | +0.0100% | 4h | $7.4M | $33.4M | 50x | as long as short |
| BingX PENGU-USDT | +0.146% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| Gate PENGU_USDT | +0.157% | +0.0100% | 4h | $3.8M | $8.4M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.180% | +0.0100% | 1h | $300K | $264K | 10x | as long as short |
| Hyperliquid PENGU | +0.226% | +0.0100% | 1h | $8.3M | $6.3M | 5x | as long as short |
| Bitget PENGUUSDT | +0.249% | +0.0100% | 4h | $8.6M | $7.7M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.469% | +0.2520% | 1h | $84K | $187K | 50x | as long as short |
| SunX PENGU-USDT | +2.489% | +0.0100% | 4h | $3K | $1.7M | 10x | as long as short |