After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.081%7d average+0.031%fees + slippage, in and out−$56spread needed0.561%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack PENGU_USDC_PERP | 0.008589 | 0.0050 | pay 0.0006% / 1h | 0m 35s | $303K | $305K | 10x |
| Short | Pacifica PENGU | 0.008582 | 0.0100 | get 0.0013% / 1h | 0m 35s | $203K | $133K | 5x |
Backpack PENGU_USDC_PERP
Pacifica PENGUPrice 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
- −$8.15
- Funding while held
- $1.49
- Slippage, 4 orders
- −$38.14
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$62.79
- Spread needed to break even
- 0.561%
Slippage from Backpack: live order book, 39 min ago; Pacifica: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.49
- 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, 39 min ago | 0.58 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 39 min ago | 2.32 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.008541cheapestVariational Omni0.008557+0.190%Arcus0.008570+0.340%Binance0.008572+0.364%Bybit0.008573+0.375%01 Exchange0.008574+0.386%Extended0.008574+0.390%Gate0.008575+0.398%OKX0.008576+0.410%Bitget0.008580+0.457%BingX0.008581+0.468%
ApeX Omni
Variational Omni
Arcus
Binance
Bybit
Extended
Gate
OKX
Bitget
BingXPacifica0.008582+0.480%
MEXC0.008582+0.480%KuCoin0.008583+0.492%BloFin0.008583+0.492%Nado0.008585+0.509%Reya0.008585+0.520%Lighter0.008586+0.527%dYdX0.008587+0.536%
MEXC
KuCoin
BloFin
Nado
Reya
Lighter
dYdXBackpack0.008589+0.562%
Hyperliquid0.008590+0.574%Aevo0.008591+0.585%Aster0.008592+0.598%SoDEX0.008593+0.609%gTrade (Gains Network)0.008593+0.611%GMX0.008594+0.621%Deribit0.008595+0.632%Kraken Futures0.008596+0.640%Orderly0.008596+0.644%HTX0.008599+0.679%Coinbase International0.008662+1.417%SunX0.008787+2.880%Injective0.008792+2.939%
Hyperliquid
Aevo
Aster
SoDEX
gTrade (Gains Network)
GMX
Deribit
Kraken Futures
Orderly
HTX
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.559% | +0.0100% | 1h | $78K | $253K | 50x | as long as short |
| Variational Omni PENGU | −0.370% | +0.0100% | 4h | $763K | $530K | — | as long as short |
| Arcus PENGU-USD | −0.221% | +0.0100% | 1h | $18K | $23K | 5x | as long as short |
| Binance PENGUUSDT | −0.197% | +0.0100% | 4h | $36.1M | $128.8M | 75x | as long as short |
| Bybit PENGUUSDT | −0.186% | +0.0100% | 4h | $21.8M | $27.3M | 75x | as long as short |
| 01 Exchange PENGUUSD | −0.175% | +0.0184% | 1h | $165 | $28 | 5x | as long as short |
| Extended PENGU-USD | −0.171% | +0.0104% | 1h | $176K | $678K | 10x | as long as short |
| Gate PENGU_USDT | −0.163% | −0.0138% | 4h | $3.5M | $13.0M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.151% | +0.0100% | 4h | $7.9M | $40.1M | 50x | as long as short |
| Bitget PENGUUSDT | −0.105% | +0.0100% | 4h | $8.3M | $9.7M | 75x | as long as short |