After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.187%7d average+0.052%fees + slippage, in and out−$38spread needed0.384%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008349 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $35.4M | $90.8M | 75x |
| Short | Bitget PENGUUSDT | 0.008365 | 0.0100 | get 0.0050% / 4h | 2h 39m | $8.4M | $7.1M | 75x |
Binance PENGUUSDT
Bitget PENGUUSDTPrice 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
- $18.67
- Funding while held
- $0
- Slippage, 4 orders
- −$16.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.72
- Spread needed to break even
- 0.384%
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 0.60 bp | 7.8 bp −$8 | 17.8 bp −$178 | 69.2 bp −$6,923 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.60 bp | 10.2 bp −$10 | 27.8 bp −$278 | 102.2 bp −$10.2K | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
ApeX Omni0.008325+5.728%Variational Omni0.008330+5.789%Bybit0.008346+5.994%OKX0.008348+6.020%
Injective
ApeX Omni
Variational Omni
Bybit
OKXBinance0.008349+6.038%
Extended0.008353+6.083%MEXC0.008355+6.109%Aevo0.008355+6.109%Gate0.008356+6.121%BingX0.008356+6.121%Lighter0.008357+6.134%Orderly0.008357+6.134%dYdX0.008358+6.144%KuCoin0.008358+6.147%Deribit0.008358+6.147%BloFin0.008358+6.147%Backpack0.008359+6.160%Reya0.008359+6.164%gTrade (Gains Network)0.008360+6.169%SoDEX0.008361+6.185%Aster0.008361+6.186%GMX0.008362+6.198%
Extended
MEXC
Aevo
Gate
BingX
Lighter
Orderly
dYdX
KuCoin
Deribit
BloFin
Backpack
Reya
gTrade (Gains Network)
SoDEX
Aster
GMXBitget0.008365+6.236%
Kraken Futures0.008367+6.256%Nado0.008368+6.280%Hyperliquid0.008370+6.299%Pacifica0.008370+6.299%Arcus0.008370+6.299%01 Exchange0.008370+6.299%HTX0.008376+6.375%Coinbase International0.008442+7.214%SunX0.008570+8.839%
Kraken Futures
Nado
Hyperliquid
Pacifica
Arcus
HTX
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 | −5.694% | +0.0033% | 1h | $3K | $153K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.292% | +0.0100% | 1h | $72K | $252K | 50x | as long as short |
| Variational Omni PENGU | −0.235% | +0.0100% | 4h | $702K | $253K | — | as long as short |
| Bybit PENGUUSDT | −0.041% | +0.0100% | 4h | $20.5M | $19.2M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.017% | +0.0100% | 4h | $7.1M | $29.4M | 50x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $35.4M | $90.8M | 75x | |
| Extended PENGU-USD | +0.043% | +0.0104% | 1h | $160K | $635K | 10x | as long as short |
| MEXC PENGU_USDT | +0.067% | +0.0100% | 4h | $12.0M | $8.2M | 125x | as long as short |
| Aevo PENGU-PERP | +0.067% | +0.0104% | 1h | $193K | $17K | 3x | as long as short |
| Gate PENGU_USDT | +0.079% | +0.0100% | 4h | $3.4M | $6.6M | 75x | as long as short |