After costs, if the gap returns to its 7d average, $10k−$120
spread now−0.712%7d average+0.056%fees + slippage, in and out−$44spread needed0.435%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008280 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $35.2M | $95.3M | 75x |
| Short | ApeX Omni PENGUUSDT | 0.008221 | −0.0048 | pay 0.0006% / 1h | 47m 39s | $71K | $251K | 50x |
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
- −$71.23
- Funding while held
- −$4.45
- Slippage, 4 orders
- −$23.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$119.2
- Spread needed to break even
- 0.435%
Slippage from Binance: live order book, 12 min ago; ApeX Omni: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0148%
- Per $10,000 a day
- −$4.45
- 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, 12 min ago | 0.60 bp | 8.4 bp −$8 | 16.4 bp −$164 | 76.4 bp −$7,643 | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 5.49 bp | 13.1 bp −$13 | 114.5 bp −$1,145 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.903% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.828% | +0.0100% | 4h | $659K | $284K | — | as long as short |
| ApeX Omni PENGUUSDTshort | −0.712% | −0.0048% | 1h | $71K | $251K | 50x | |
| BloFin PENGU-USDT | −0.410% | +0.0340% | 4h | $1.4M | $789K | 75x | as long as short |
| Reya PENGURUSDPERP | −0.217% | +0.0234% | 1h | $279 | — | 10x | as long as short |
| Nado PENGU-PERP | −0.202% | +0.0100% | 1h | $207K | $267K | 5x | as long as short |
| Aevo PENGU-PERP | −0.181% | +0.0104% | 1h | $191K | $17K | 3x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.169% | L +0.0385% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| Extended PENGU-USD | −0.156% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.145% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PENGU/USD | −0.140% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.133% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| Arcus PENGU-USD | −0.121% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| SoDEX PENGU-USD | −0.121% | +0.0100% | 1h | $919 | $14K | 5x | as long as short |
| Bybit PENGUUSDT | −0.096% | +0.0100% | 4h | $20.3M | $19.8M | 75x | as long as short |
| Gate PENGU_USDT | −0.096% | +0.0100% | 4h | $3.4M | $7.5M | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.096% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.084% | +0.0100% | 4h | $6.9M | $30.4M | 50x | as long as short |
| Backpack PENGU_USDC_PERP | −0.084% | +0.0071% | 1h | $285K | $255K | 10x | as long as short |
| HTX PENGU-USDT | −0.084% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| BingX PENGU-USDT | −0.072% | +0.0100% | 4h | — | $3.6M | — | as long as short |
| Aster PENGUUSDT | −0.064% | +0.0100% | 4h | $168K | $307K | 20x | as long as short |
| MEXC PENGU_USDT | −0.048% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| Bitget PENGUUSDT | −0.036% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.016% | +0.0655% | 1h | $348K | $787K | 50x | as long as short |
| dYdX PENGU-USD | −0.015% | +0.2220% | 1h | $10K | $998 | 5x | as long as short |
| Pacifica PENGU | −0.012% | +0.0100% | 1h | $193K | $121K | 5x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $35.2M | $95.3M | 75x | |
| Hyperliquid PENGU | +0.024% | +0.0100% | 1h | $8.2M | $5.9M | 5x | as long as short |
| Lighter PENGU | +0.073% | +0.0096% | 1h | $317K | $384K | 8x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.184% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.283% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |
Binance PENGUUSDT
ApeX Omni PENGUUSDT
Injective
Variational Omni
BloFin
GMX
Extended
gTrade (Gains Network)
Deribit
SoDEX
Bybit
Gate
KuCoin
OKX
Backpack
HTX
BingX
Aster
MEXC
Bitget
Kraken Futures
Pacifica
Hyperliquid
Lighter
Coinbase International
SunX