data as of
Settings8H · net · $10k
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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−$119
spread now+1.942%7d average+0.731%fees + slippage, in and out−$240spread needed2.402%
Long on BinanceShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PENGUUSDT0.0082180.0100pay 0.0050% / 4h1h 51m$34.8M$94.8M75x
ShortCoinbase International PENGU-PERP-INTX0.0083780.2088get 0.0261% / 1h51m 20s$84K$193K50x

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
$194.19
Funding while held
$59.64
Slippage, 4 orders
−$220.22
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$13.6
Spread needed to break even
2.402%
Slippage from Binance: live order book, 8 min ago; Coinbase International: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.1988%
Per $10,000 a day
+$59.64
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, 8 min ago0.60 bp8.4 bp −$816.4 bp −$16476.4 bp −$7,643doesn't fit
Sell Coinbase International live order book, 3 min ago89.15 bp113.7 bp −$114doesn't fitdoesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.007874cheapestBloFin0.008180+3.886%ApeX Omni0.008186+3.962%Bybit0.008204+4.191%GMX0.008207+4.229%Backpack0.008212+4.293%dYdX0.008213+4.311%OKX0.008214+4.318%Gate0.008214+4.318%BingX0.008214+4.318%Orderly0.008215+4.331%Pacifica0.008216+4.343%Lighter0.008217+4.356%gTrade (Gains Network)0.008217+4.356%SoDEX0.008218+4.369%
Binance0.008218+4.374%
Aevo0.008219+4.382%HTX0.008219+4.382%Arcus0.008220+4.394%Reya0.008220+4.395%Extended0.008220+4.401%KuCoin0.008221+4.407%Deribit0.008221+4.407%Nado0.008224+4.451%MEXC0.008225+4.458%Aster0.008226+4.473%Kraken Futures0.008227+4.478%Bitget0.008230+4.521%Hyperliquid0.008235+4.585%Variational Omni0.008266+4.980%
Coinbase International0.008378+6.401%
SunX0.008419+6.922%

PENGU on 32 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENGU/USDC PERP−4.191%+0.0033%1h$3K$116K5.5xas long as short
BloFin PENGU-USDT−0.467%+0.0340%4h$1.4M$780K75xas long as short
ApeX Omni PENGUUSDT−0.394%−0.0002%1h$70K$251K50xas long as short
Bybit PENGUUSDT−0.175%+0.0100%4h$20.1M$19.8M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]−0.139%L +0.0384% / S −0.0369%1h$82K—100xas long as short
Backpack PENGU_USDC_PERP−0.078%−0.0099%1h$283K$255K10xas long as short
dYdX PENGU-USD−0.061%+0.2597%1h$10K$9985xas long as short
OKX PENGU-USDT-SWAP−0.054%+0.0100%4h$6.9M$30.1M50xas long as short
Gate PENGU_USDT−0.054%+0.0100%4h$3.3M$7.2M75xas long as short
BingX PENGU-USDC−0.054%+0.0100%4h—$2.3M—as long as short
Show all 32 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_PENGU_USDC−0.041%+0.0096%4h$16K$174K20xas long as short
Pacifica PENGU−0.029%+0.0100%1h$191K$121K5xas long as short
Lighter PENGU−0.017%+0.0096%1h$315K$383K8xas long as short
gTrade (Gains Network) PENGU/USD−0.017%L +0.0007% / S −0.0003%1h$32K—150xas long as short
SoDEX PENGU-USD−0.005%+0.0100%1h$919$14K5xas long as short
Binance PENGUUSDTlong0.000%+0.0100%4h$34.8M$94.8M75x
Aevo PENGU-PERP+0.007%+0.0104%1h$190K$17K3xas long as short
HTX PENGU-USDT+0.007%+0.0100%4h$92K$181K25xas long as short
Arcus PENGU-USD+0.019%+0.0100%1h$4K$31K5xas long as short
Reya PENGURUSDPERP+0.020%+0.0234%1h$278—10xas long as short
Extended PENGU-USD+0.025%+0.0104%1h$158K$638K10xas long as short
KuCoin PENGUUSDTM+0.032%+0.0100%4h$4.6M$6.3M75xas long as short
Deribit PENGU_USDC-PERPETUAL+0.032%0.0000%1h$21K$4K10xas long as short
Nado PENGU-PERP+0.074%+0.0100%1h$205K$267K5xas long as short
MEXC PENGU_USDT+0.080%+0.0100%4h$11.7M$8.6M125xas long as short
Aster PENGUUSDT+0.095%+0.0100%4h$167K$306K20xas long as short
Kraken Futures PF_PENGUUSD+0.100%+0.0659%1h$345K$782K50xas long as short
Bitget PENGUUSDT+0.141%+0.0100%4h$8.2M$7.3M75xas long as short
Hyperliquid PENGU+0.202%+0.0100%1h$8.2M$5.9M5xas long as short
Variational Omni PENGU+0.581%+0.0100%4h$664K$285K—as long as short
Coinbase International PENGU-PERP-INTXshort+1.942%+0.2088%1h$84K$193K50x
SunX PENGU-USDT+2.441%+0.0100%4h$3K$1.6M10xas long as short