After costs, if the gap returns to its 7d average, $10k−$99
spread now−0.080%7d average−0.025%fees + slippage, in and out−$93spread needed0.931%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008514 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $36.8M | $99.9M | 75x |
| Short | Aevo PENGU-PERP | 0.008507 | 0.0104 | get 0.0013% / 1h | 0m 14s | $197K | $17K | 3x |
Binance PENGUUSDT
Aevo PENGU-PERPPrice 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
- −$8.02
- Funding while held
- $0.12
- Slippage, 4 orders
- −$67.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$100.95
- Spread needed to break even
- 0.931%
Slippage from Binance: live order book, 14 min ago; Aevo: live order book, 50 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 0.60 bp | 6.9 bp −$7 | 15.0 bp −$150 | 67.1 bp −$6,711 | doesn't fit |
| Sell Aevo live order book, 50 min ago | 18.19 bp | 29.6 bp −$30 | 209.9 bp −$2,099 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
ApeX Omni0.008498+7.925%Variational Omni0.008500+7.953%Extended0.008503+7.991%Bybit0.008507+8.039%Backpack0.008507+8.039%
Injective
ApeX Omni
Variational Omni
Extended
Bybit
BackpackAevo0.008507+8.039%
SoDEX0.008507+8.039%Deribit0.008507+8.039%Orderly0.008508+8.052%dYdX0.008509+8.060%BingX0.008509+8.065%Arcus0.008510+8.077%BloFin0.008510+8.077%Pacifica0.008511+8.090%OKX0.008512+8.103%gTrade (Gains Network)0.008513+8.119%
SoDEX
Deribit
Orderly
dYdX
BingX
Arcus
BloFin
Pacifica
OKX
gTrade (Gains Network)Binance0.008514+8.126%
KuCoin0.008514+8.128%Lighter0.008515+8.141%Bitget0.008516+8.153%01 Exchange0.008517+8.166%GMX0.008517+8.166%Kraken Futures0.008519+8.194%Gate0.008521+8.217%MEXC0.008526+8.280%Reya0.008527+8.298%Nado0.008529+8.319%Aster0.008532+8.359%HTX0.008535+8.395%Hyperliquid0.008537+8.420%Coinbase International0.008600+9.220%SunX0.008713+10.655%
KuCoin
Lighter
Bitget
GMX
Kraken Futures
Gate
MEXC
Reya
Nado
Aster
HTX
Hyperliquid
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 | −7.515% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.186% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| Variational Omni PENGU | −0.160% | +0.0100% | 4h | $687K | $287K | — | as long as short |
| Extended PENGU-USD | −0.124% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| Bybit PENGUUSDT | −0.080% | +0.0100% | 4h | $21.0M | $20.4M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.080% | +0.0100% | 1h | $294K | $260K | 10x | as long as short |
| Aevo PENGU-PERPshort | −0.080% | +0.0104% | 1h | $197K | $17K | 3x | |
| SoDEX PENGU-USD | −0.080% | +0.0100% | 1h | $958 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.080% | −0.0103% | 1h | $21K | $4K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.068% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX PENGU-USD | −0.061% | +0.0489% | 1h | $10K | $998 | 5x | as long as short |
| BingX PENGU-USDC | −0.057% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | −0.045% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| BloFin PENGU-USDT | −0.045% | +0.0340% | 4h | $1.5M | $861K | 75x | as long as short |
| Pacifica PENGU | −0.033% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.021% | +0.0100% | 4h | $7.2M | $32.0M | 50x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.006% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $36.8M | $99.9M | 75x | |
| KuCoin PENGUUSDTM | +0.002% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| Lighter PENGU | +0.014% | +0.0096% | 1h | $297K | $439K | 8x | as long as short |
| Bitget PENGUUSDT | +0.025% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| 01 Exchange PENGUUSD | +0.037% | −0.0040% | 1h | $164 | $28 | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.037% | L +0.0387% / S −0.0364% | 1h | $84K | — | 100x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.063% | +0.0636% | 1h | $365K | $764K | 50x | as long as short |
| Gate PENGU_USDT | +0.084% | +0.0100% | 4h | $3.7M | $8.0M | 75x | as long as short |
| MEXC PENGU_USDT | +0.143% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
| Reya PENGURUSDPERP | +0.159% | +0.0235% | 1h | $288 | — | 10x | as long as short |
| Nado PENGU-PERP | +0.178% | +0.0100% | 1h | $218K | $281K | 5x | as long as short |
| Aster PENGUUSDT | +0.216% | +0.0100% | 4h | $170K | $314K | 20x | as long as short |
| HTX PENGU-USDT | +0.249% | +0.0100% | 4h | $95K | $181K | 25x | as long as short |
| Hyperliquid PENGU | +0.272% | +0.0100% | 1h | $8.2M | $6.3M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.012% | +0.2088% | 1h | $83K | $188K | 50x | as long as short |
| SunX PENGU-USDT | +2.339% | +0.0100% | 4h | $3K | $1.7M | 10x | as long as short |