data as of
Settings8H · net · $10k
Price arb /

PENGU

all PENGU markets
SwapFunding view
Alert
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%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PENGUUSDT0.0088110.0100pay 0.0050% / 4h3h 33m$37.9M$124.0M75x
ShortBackpack PENGU_USDC_PERP0.0088110.0100get 0.0013% / 1h33m 59s$308K$304K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.12 bp9.1 bp −$922.6 bp −$22675.4 bp −$7,537doesn't fit
Sell Backpack live order book, 11 min ago0.56 bp8.9 bp −$9doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya PENGURUSDPERP−0.160%+0.0235%1h$29710xas long as short
Arcus PENGU-USD−0.125%+0.0100%1h$19K$25K5xas long as short
BingX PENGU-USDC−0.125%+0.0100%4h$2.3Mas long as short
Nado PENGU-PERP−0.113%+0.0100%1h$642K$628K5xas long as short
Gate PENGU_USDT−0.113%+0.0012%4h$3.9M$11.5M75xas long as short
Orderly PERP_PENGU_USDC−0.102%+0.0097%4h$16K$186K20xas long as short
GMX PENGU/USD [WBTC.b-USDC]−0.079%L +0.0497% / S −0.0660%1h$111K100xas long as short
SoDEX PENGU-USD−0.079%+0.0100%1h$995$14K5xas long as short
Deribit PENGU_USDC-PERPETUAL−0.079%0.0000%1h$20K$7K10xas long as short
Aevo PENGU-PERP−0.068%+0.0104%1h$203K$17K3xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) PENGU/USD−0.060%L +0.0007% / S −0.0003%1h$33K150xas long as short
Extended PENGU-USD−0.057%+0.0104%1h$192K$669K10xas long as short
Pacifica PENGU−0.034%+0.0100%1h$206K$129K5xas long as short
MEXC PENGU_USDT−0.034%+0.0100%4h$11.8M$10.7M125xas long as short
dYdX PENGU-USD−0.027%+0.2580%1h$12K$2K5xas long as short
Bybit PENGUUSDT−0.011%+0.0100%4h$23.3M$25.5M75xas long as short
HTX PENGU-USDT−0.011%+0.0100%4h$96K$210K25xas long as short
Binance PENGUUSDTlong0.000%+0.0100%4h$37.9M$124.0M75x
KuCoin PENGUUSDTM0.000%+0.0100%4h$5.1M$7.0M75xas long as short
Backpack PENGU_USDC_PERPshort0.000%+0.0100%1h$308K$304K10x
BloFin PENGU-USDT0.000%+0.0340%4h$1.6M$1.5M75xas long as short
01 Exchange PENGUUSD+0.011%+0.0248%1h$170$285xas long as short
Bitget PENGUUSDT+0.011%+0.0100%4h$8.6M$9.2M75xas long as short
Lighter PENGU+0.023%+0.0096%1h$314K$470K8xas long as short
Aster PENGUUSDT+0.037%+0.0100%4h$182K$338K20xas long as short
Kraken Futures PF_PENGUUSD+0.048%+0.0120%1h$366K$855K50xas long as short
OKX PENGU-USDT-SWAP+0.068%+0.0100%4h$8.0M$39.9M50xas long as short
Hyperliquid PENGU+0.148%+0.0742%1h$9.8M$9.3M5xas long as short
ApeX Omni PENGUUSDT+0.182%+0.0100%1h$81K$252K50xas long as short
Variational Omni PENGU+0.360%+0.0100%4h$706K$368Kas long as short
Coinbase International PENGU-PERP-INTX+1.578%+0.2912%1h$95K$134K50xas long as short
Injective PENGU/USDC PERP+1.816%+0.5000%1h$3K$91K5.5xas long as short
SunX PENGU-USDT+2.293%+0.0100%4h$3K$2.0M10xas long as short