After costs, if the gap returns to its 7d average, $10k−$33
spread now0.000%7d average−0.002%fees + slippage, in and out−$33spread needed0.330%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008811 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $37.9M | $124.0M | 75x |
| Short | Backpack PENGU_USDC_PERP | 0.008811 | 0.0100 | get 0.0013% / 1h | 33m 59s | $308K | $304K | 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
- $0
- Funding while held
- $0
- Slippage, 4 orders
- −$13.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$33.01
- Spread needed to break even
- 0.330%
Slippage from Binance: live order book, 11 min ago; Backpack: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 11 min ago | 1.12 bp | 9.1 bp −$9 | 22.6 bp −$226 | 75.4 bp −$7,537 | doesn't fit |
| Sell Backpack live order book, 11 min ago | 0.56 bp | 8.9 bp −$9 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Reya PENGURUSDPERP | −0.160% | +0.0235% | 1h | $297 | — | 10x | as long as short |
| Arcus PENGU-USD | −0.125% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| BingX PENGU-USDC | −0.125% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Nado PENGU-PERP | −0.113% | +0.0100% | 1h | $642K | $628K | 5x | as long as short |
| Gate PENGU_USDT | −0.113% | +0.0012% | 4h | $3.9M | $11.5M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.102% | +0.0097% | 4h | $16K | $186K | 20x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.079% | L +0.0497% / S −0.0660% | 1h | $111K | — | 100x | as long as short |
| SoDEX PENGU-USD | −0.079% | +0.0100% | 1h | $995 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.079% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Aevo PENGU-PERP | −0.068% | +0.0104% | 1h | $203K | $17K | 3x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PENGU/USD | −0.060% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Extended PENGU-USD | −0.057% | +0.0104% | 1h | $192K | $669K | 10x | as long as short |
| Pacifica PENGU | −0.034% | +0.0100% | 1h | $206K | $129K | 5x | as long as short |
| MEXC PENGU_USDT | −0.034% | +0.0100% | 4h | $11.8M | $10.7M | 125x | as long as short |
| dYdX PENGU-USD | −0.027% | +0.2580% | 1h | $12K | $2K | 5x | as long as short |
| Bybit PENGUUSDT | −0.011% | +0.0100% | 4h | $23.3M | $25.5M | 75x | as long as short |
| HTX PENGU-USDT | −0.011% | +0.0100% | 4h | $96K | $210K | 25x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $37.9M | $124.0M | 75x | |
| KuCoin PENGUUSDTM | 0.000% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| Backpack PENGU_USDC_PERPshort | 0.000% | +0.0100% | 1h | $308K | $304K | 10x | |
| BloFin PENGU-USDT | 0.000% | +0.0340% | 4h | $1.6M | $1.5M | 75x | as long as short |
| 01 Exchange PENGUUSD | +0.011% | +0.0248% | 1h | $170 | $28 | 5x | as long as short |
| Bitget PENGUUSDT | +0.011% | +0.0100% | 4h | $8.6M | $9.2M | 75x | as long as short |
| Lighter PENGU | +0.023% | +0.0096% | 1h | $314K | $470K | 8x | as long as short |
| Aster PENGUUSDT | +0.037% | +0.0100% | 4h | $182K | $338K | 20x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.048% | +0.0120% | 1h | $366K | $855K | 50x | as long as short |
| OKX PENGU-USDT-SWAP | +0.068% | +0.0100% | 4h | $8.0M | $39.9M | 50x | as long as short |
| Hyperliquid PENGU | +0.148% | +0.0742% | 1h | $9.8M | $9.3M | 5x | as long as short |
| ApeX Omni PENGUUSDT | +0.182% | +0.0100% | 1h | $81K | $252K | 50x | as long as short |
| Variational Omni PENGU | +0.360% | +0.0100% | 4h | $706K | $368K | — | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.578% | +0.2912% | 1h | $95K | $134K | 50x | as long as short |
| Injective PENGU/USDC PERP | +1.816% | +0.5000% | 1h | $3K | $91K | 5.5x | as long as short |
| SunX PENGU-USDT | +2.293% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |
Binance PENGUUSDT
Backpack PENGU_USDC_PERP
BingX
Gate
GMX
SoDEX
Deribit
gTrade (Gains Network)
Extended
Pacifica
MEXC
Bybit
HTX
KuCoin
BloFin
Bitget
Lighter
Aster
Kraken Futures
OKX
Hyperliquid
ApeX Omni
Variational Omni
Coinbase International
Injective
SunX