data as of
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Price arb /

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.081%7d average−0.045%fees + slippage, in and out−$40spread needed0.405%
Long on BinanceShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PENGUUSDT0.0086280.0100pay 0.0050% / 4h2h 37m$36.6M$127.0M75x
ShortBybit PENGUUSDT0.0086210.0100get 0.0050% / 4h2h 37m$21.9M$26.8M75x

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
−$8.11
Funding while held
$0
Slippage, 4 orders
−$19.5
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$48.61
Spread needed to break even
0.405%
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago0.58 bp7.9 bp −$818.5 bp −$18559.9 bp −$5,991doesn't fit
Sell Bybit live order book, 3 min ago0.58 bp11.7 bp −$1228.0 bp −$28081.3 bp −$8,132doesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.008593cheapest
Bybit0.008621+0.326%
OKX0.008622+0.338%SoDEX0.008624+0.361%Extended0.008625+0.371%Aevo0.008626+0.384%Gate0.008627+0.396%
Binance0.008628+0.408%
MEXC0.008628+0.408%Deribit0.008628+0.408%BingX0.008629+0.419%Backpack0.008630+0.431%GMX0.008630+0.431%Orderly0.008630+0.431%Lighter0.008631+0.443%BloFin0.008631+0.443%gTrade (Gains Network)0.008631+0.444%Reya0.008632+0.456%Bitget0.008633+0.466%ApeX Omni0.008633+0.466%Nado0.008633+0.466%dYdX0.008635+0.489%Pacifica0.008635+0.489%KuCoin0.008636+0.501%Kraken Futures0.008638+0.526%Arcus0.008640+0.547%Hyperliquid0.008642+0.571%01 Exchange0.008642+0.571%HTX0.008644+0.594%Aster0.008644+0.594%Injective0.008792+2.316%Coinbase International0.008808+2.502%SunX0.008845+2.933%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PENGU−0.406%+0.0100%4h$760K$519K—as long as short
Bybit PENGUUSDTshort−0.081%+0.0100%4h$21.9M$26.8M75x
OKX PENGU-USDT-SWAP−0.070%+0.0100%4h$7.7M$39.7M50xas long as short
SoDEX PENGU-USD−0.046%+0.0100%1h$967$14K5xas long as short
Extended PENGU-USD−0.036%+0.0104%1h$177K$676K10xas long as short
Aevo PENGU-PERP−0.023%+0.0104%1h$199K$17K3xas long as short
Gate PENGU_USDT−0.012%−0.0096%4h$3.6M$12.8M75xas long as short
Binance PENGUUSDTlong0.000%+0.0100%4h$36.6M$127.0M75x
MEXC PENGU_USDT0.000%+0.0100%4h$11.4M$10.8M125xas long as short
Deribit PENGU_USDC-PERPETUAL0.000%0.0000%1h$19K$7K10xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PENGU-USDT+0.012%+0.0100%4h—$4.1M—as long as short
Backpack PENGU_USDC_PERP+0.023%+0.0095%1h$306K$309K10xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.023%L +0.0492% / S −0.0678%1h$108K—100xas long as short
Orderly PERP_PENGU_USDC+0.023%+0.0098%4h$16K$183K20xas long as short
Lighter PENGU+0.035%+0.0096%1h$308K$480K8xas long as short
BloFin PENGU-USDT+0.035%+0.0340%4h$1.5M$1.5M75xas long as short
gTrade (Gains Network) PENGU/USD+0.037%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Reya PENGURUSDPERP+0.048%+0.0236%1h$291—10xas long as short
Bitget PENGUUSDT+0.058%+0.0100%4h$8.4M$9.6M75xas long as short
ApeX Omni PENGUUSDT+0.058%−0.0094%1h$79K$253K50xas long as short
Nado PENGU-PERP+0.058%+0.0100%1h$630K$674K5xas long as short
dYdX PENGU-USD+0.081%0.0000%1h$11K$5K5xas long as short
Pacifica PENGU+0.081%+0.0100%1h$202K$130K5xas long as short
KuCoin PENGUUSDTM+0.093%+0.0100%4h$5.2M$7.1M75xas long as short
Kraken Futures PF_PENGUUSD+0.118%+0.0288%1h$365K$856K50xas long as short
Arcus PENGU-USD+0.139%+0.0100%1h$19K$23K5xas long as short
Hyperliquid PENGU+0.162%+0.0100%1h$9.6M$11.6M5xas long as short
01 Exchange PENGUUSD+0.162%+0.0136%1h$166$285xas long as short
HTX PENGU-USDT+0.185%+0.0100%4h$100K$211K25xas long as short
Aster PENGUUSDT+0.186%+0.0100%4h$205K$345K20xas long as short
Injective PENGU/USDC PERP+1.901%+0.4551%1h$3K$51K5.5xas long as short
Coinbase International PENGU-PERP-INTX+2.086%+0.2968%1h$93K$128K50xas long as short
SunX PENGU-USDT+2.515%+0.0100%4h$3K$2.0M10xas long as short