After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.023%7d average−0.004%fees + slippage, in and out−$33spread needed0.327%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008720 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $37.4M | $125.0M | 75x |
| Short | BingX PENGU-USDT | 0.008718 | 0.0100 | get 0.0050% / 4h | 3h 26m | — | $4.1M | — |
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
- −$2.29
- Funding while held
- $0
- Slippage, 4 orders
- −$12.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$34.98
- Spread needed to break even
- 0.327%
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 16 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, 3 min ago | 0.57 bp | 7.8 bp −$8 | 17.1 bp −$171 | 70.3 bp −$7,031 | doesn't fit |
| Sell BingX live order book, 16 min ago | 1.13 bp | 9.1 bp −$9 | 13.4 bp −$134 | 38.5 bp −$3,846 | 274.4 bp −$137.2K |
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 | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDTshort | −0.023% | +0.0100% | 4h | — | $4.1M | — | |
| Nado PENGU-PERP | −0.011% | +0.0100% | 1h | $636K | $627K | 5x | as long as short |
| Bybit PENGUUSDT | −0.011% | +0.0100% | 4h | $23.0M | $25.6M | 75x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $37.4M | $125.0M | 75x | |
| Orderly PERP_PENGU_USDC | 0.000% | +0.0098% | 4h | $16K | $186K | 20x | as long as short |
| Aevo PENGU-PERP | 0.000% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Gate PENGU_USDT | +0.011% | −0.0044% | 4h | $3.7M | $12.0M | 75x | as long as short |
| MEXC PENGU_USDT | +0.011% | +0.0100% | 4h | $11.6M | $10.8M | 125x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.011% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Extended PENGU-USD | +0.042% | +0.0104% | 1h | $181K | $677K | 10x | as long as short |
Binance PENGUUSDT
BingX PENGU-USDT
Bybit
Gate
MEXC
Deribit
Extended
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SoDEX
Backpack
gTrade (Gains Network)
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Pacifica
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Injective
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Coinbase International