After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.035%7d average−0.035%fees + slippage, in and out−$44spread needed0.442%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack PENGU_USDC_PERP | 0.008585 | 0.0052 | pay 0.0006% / 1h | 59m 11s | $303K | $305K | 10x |
| Short | Extended PENGU-USD | 0.008588 | 0.0104 | get 0.0013% / 1h | 59m 11s | $176K | $678K | 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
- $3.54
- Funding while held
- $1.56
- Slippage, 4 orders
- −$29.2
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.1
- Spread needed to break even
- 0.442%
Slippage from Backpack: live order book, 41 min ago; Extended: live order book, 40 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.56
- 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 Backpack live order book, 41 min ago | 0.58 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 40 min ago | 1.74 bp | 11.2 bp −$11 | 106.9 bp −$1,069 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.171% | +0.0100% | 4h | $761K | $530K | — | as long as short |
| BingX PENGU-USDC | 0.000% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Backpack PENGU_USDC_PERPlong | 0.000% | +0.0052% | 1h | $303K | $305K | 10x | |
| Bybit PENGUUSDT | +0.012% | +0.0100% | 4h | $21.9M | $27.4M | 75x | as long as short |
| Gate PENGU_USDT | +0.023% | −0.0128% | 4h | $3.5M | $12.8M | 75x | as long as short |
| MEXC PENGU_USDT | +0.035% | +0.0100% | 4h | $11.1M | $10.7M | 125x | as long as short |
| Extended PENGU-USDshort | +0.035% | +0.0104% | 1h | $176K | $678K | 10x | |
| Reya PENGURUSDPERP | +0.045% | +0.0236% | 1h | $290 | — | 10x | as long as short |
| Aevo PENGU-PERP | +0.058% | +0.0104% | 1h | $198K | $17K | 3x | as long as short |
| SoDEX PENGU-USD | +0.058% | +0.0100% | 1h | $975 | $14K | 5x | as long as short |
Backpack PENGU_USDC_PERP
Extended PENGU-USD
Variational Omni
BingX
Bybit
Gate
MEXC
SoDEX
GMX
Deribit
gTrade (Gains Network)
OKX
Bitget
ApeX Omni
Binance
BloFin
Lighter
Kraken Futures
Hyperliquid
Aster
Pacifica
KuCoin
HTX
Coinbase International
Injective
SunX