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−$101
spread now0.000%7d average−0.011%fees + slippage, in and out−$102spread needed1.017%
Long on BackpackShort on Aevo
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PENGU_USDC_PERP0.0085900.0100pay 0.0013% / 1h58m 28s$303K$305K10x
ShortAevo PENGU-PERP0.0085900.0104get 0.0013% / 1h58m 28s$198K$17K3x

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
$0
Funding while held
$0.12
Slippage, 4 orders
−$75.7
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$101.58
Spread needed to break even
1.017%
Slippage from Backpack: live order book, 41 min ago; Aevo: live order book, 37 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 Backpack live order book, 41 min ago0.58 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 37 min ago23.09 bp33.7 bp −$34220.2 bp −$2,202doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
BingX0.008557cheapestGate0.008565+0.093%Bybit0.008568+0.129%Extended0.008568+0.134%Pacifica0.008570+0.152%Variational Omni0.008570+0.156%Lighter0.008574+0.199%KuCoin0.008574+0.199%dYdX0.008574+0.201%Binance0.008575+0.207%01 Exchange0.008580+0.269%OKX0.008584+0.316%Nado0.008585+0.327%Bitget0.008586+0.339%Reya0.008588+0.361%MEXC0.008589+0.374%Arcus0.008590+0.386%
Backpack0.008590+0.386%
Aevo0.008590+0.386%
SoDEX0.008590+0.386%Aster0.008590+0.387%Hyperliquid0.008591+0.397%GMX0.008591+0.397%Deribit0.008591+0.397%gTrade (Gains Network)0.008591+0.399%ApeX Omni0.008593+0.421%Orderly0.008594+0.432%BloFin0.008594+0.432%Kraken Futures0.008596+0.451%HTX0.008609+0.608%Coinbase International0.008662+1.227%Injective0.008792+2.746%SunX0.008806+2.910%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PENGU-USDC−0.384%+0.0100%4h—$2.3M—as long as short
Gate PENGU_USDT−0.291%−0.0138%4h$3.5M$12.8M75xas long as short
Bybit PENGUUSDT−0.256%+0.0100%4h$21.8M$27.4M75xas long as short
Extended PENGU-USD−0.250%+0.0104%1h$176K$678K10xas long as short
Pacifica PENGU−0.233%+0.0100%1h$203K$133K5xas long as short
Variational Omni PENGU−0.229%+0.0100%4h$761K$530K—as long as short
Lighter PENGU−0.186%+0.0096%1h$309K$491K8xas long as short
KuCoin PENGUUSDTM−0.186%+0.0100%4h$5.1M$7.2M75xas long as short
dYdX PENGU-USD−0.184%0.0000%1h$11K$5K5xas long as short
Binance PENGUUSDT−0.178%+0.0100%4h$36.1M$128.9M75xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
01 Exchange PENGUUSD−0.116%+0.0192%1h$165$285xas long as short
OKX PENGU-USDT-SWAP−0.070%+0.0100%4h$7.8M$40.1M50xas long as short
Nado PENGU-PERP−0.058%+0.0100%1h$626K$681K5xas long as short
Bitget PENGUUSDT−0.047%+0.0100%4h$8.3M$9.8M75xas long as short
Reya PENGURUSDPERP−0.025%+0.0236%1h$290—10xas long as short
MEXC PENGU_USDT−0.012%+0.0100%4h$11.2M$10.7M125xas long as short
Arcus PENGU-USD0.000%+0.0100%1h$18K$23K5xas long as short
Backpack PENGU_USDC_PERPlong0.000%+0.0100%1h$303K$305K10x
Aevo PENGU-PERPshort0.000%+0.0104%1h$198K$17K3x
SoDEX PENGU-USD0.000%+0.0100%1h$975$14K5xas long as short
Aster PENGUUSDT+0.002%+0.0100%4h$203K$340K20xas long as short
Hyperliquid PENGU+0.012%+0.0100%1h$9.5M$12.0M5xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.012%L +0.0489% / S −0.0675%1h$108K—100xas long as short
Deribit PENGU_USDC-PERPETUAL+0.012%0.0000%1h$19K$7K10xas long as short
gTrade (Gains Network) PENGU/USD+0.014%L +0.0007% / S −0.0003%1h$33K—150xas long as short
ApeX Omni PENGUUSDT+0.035%+0.0100%1h$78K$253K50xas long as short
Orderly PERP_PENGU_USDC+0.047%+0.0097%4h$21K$188K20xas long as short
BloFin PENGU-USDT+0.047%+0.0340%4h$1.5M$1.5M75xas long as short
Kraken Futures PF_PENGUUSD+0.065%−0.0075%1h$311K$956K50xas long as short
HTX PENGU-USDT+0.221%+0.0100%4h$99K$207K25xas long as short
Coinbase International PENGU-PERP-INTX+0.838%+0.2920%1h$91K$128K50xas long as short
Injective PENGU/USDC PERP+2.352%+0.0033%1h$3K$24K5.5xas long as short
SunX PENGU-USDT+2.515%+0.0100%4h$2K$2.0M10xas long as short