After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.087%7d average−0.040%fees + slippage, in and out−$39spread needed0.392%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008517 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $36.8M | $99.6M | 75x |
| Short | Extended PENGU-USD | 0.008509 | 0.0104 | get 0.0013% / 1h | 0m 41s | $163K | $638K | 10x |
Binance PENGUUSDT
Extended PENGU-USDPrice 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
- −$8.7
- Funding while held
- $0.12
- Slippage, 4 orders
- −$24.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$47.75
- Spread needed to break even
- 0.392%
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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, 14 min ago | 0.60 bp | 6.9 bp −$7 | 15.0 bp −$150 | 67.1 bp −$6,711 | doesn't fit |
| Sell Extended live order book, 54 min ago | 1.83 bp | 11.3 bp −$11 | 52.9 bp −$529 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
Nado0.008492+7.852%Reya0.008492+7.853%Deribit0.008497+7.912%ApeX Omni0.008498+7.925%gTrade (Gains Network)0.008498+7.931%Orderly0.008499+7.938%Aevo0.008499+7.938%Bybit0.008500+7.950%Variational Omni0.008500+7.953%BingX0.008503+7.988%GMX0.008503+7.988%SoDEX0.008503+7.988%OKX0.008505+8.014%Gate0.008505+8.014%MEXC0.008506+8.026%Backpack0.008507+8.039%dYdX0.008509+8.060%
Injective
Nado
Reya
Deribit
ApeX Omni
gTrade (Gains Network)
Orderly
Aevo
Bybit
Variational Omni
BingX
GMX
SoDEX
OKX
Gate
MEXC
Backpack
dYdXExtended0.008509+8.068%
Arcus0.008510+8.077%BloFin0.008510+8.077%Pacifica0.008511+8.090%KuCoin0.008511+8.090%Kraken Futures0.008512+8.107%Aster0.008515+8.144%Lighter0.008516+8.153%Bitget0.008516+8.153%HTX0.008516+8.153%
Arcus
BloFin
Pacifica
KuCoin
Kraken Futures
Aster
Lighter
Bitget
HTXBinance0.008517+8.162%
01 Exchange0.008517+8.166%Hyperliquid0.008519+8.192%Coinbase International0.008600+9.220%SunX0.008712+10.643%
Hyperliquid
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 | −7.546% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Nado PENGU-PERP | −0.287% | +0.0100% | 1h | $218K | $280K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.286% | +0.0235% | 1h | $287 | — | 10x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.231% | −0.0103% | 1h | $21K | $4K | 10x | as long as short |
| ApeX Omni PENGUUSDT | −0.220% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.214% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Orderly PERP_PENGU_USDC | −0.208% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Aevo PENGU-PERP | −0.208% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |
| Bybit PENGUUSDT | −0.196% | +0.0100% | 4h | $21.0M | $20.3M | 75x | as long as short |
| Variational Omni PENGU | −0.194% | +0.0100% | 4h | $687K | $287K | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.161% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.161% | L +0.0387% / S −0.0364% | 1h | $84K | — | 100x | as long as short |
| SoDEX PENGU-USD | −0.161% | +0.0100% | 1h | $958 | $14K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.137% | +0.0100% | 4h | $7.2M | $31.9M | 50x | as long as short |
| Gate PENGU_USDT | −0.137% | +0.0100% | 4h | $3.7M | $8.0M | 75x | as long as short |
| MEXC PENGU_USDT | −0.126% | +0.0100% | 4h | $11.7M | $8.9M | 125x | as long as short |
| Backpack PENGU_USDC_PERP | −0.114% | +0.0100% | 1h | $294K | $260K | 10x | as long as short |
| dYdX PENGU-USD | −0.095% | +0.0489% | 1h | $10K | $998 | 5x | as long as short |
| Extended PENGU-USDshort | −0.087% | +0.0104% | 1h | $163K | $638K | 10x | |
| Arcus PENGU-USD | −0.079% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| BloFin PENGU-USDT | −0.079% | +0.0340% | 4h | $1.5M | $861K | 75x | as long as short |
| Pacifica PENGU | −0.067% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.067% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.051% | +0.0637% | 1h | $365K | $764K | 50x | as long as short |
| Aster PENGUUSDT | −0.017% | +0.0100% | 4h | $170K | $314K | 20x | as long as short |
| Lighter PENGU | −0.008% | +0.0096% | 1h | $298K | $439K | 8x | as long as short |
| Bitget PENGUUSDT | −0.008% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| HTX PENGU-USDT | −0.008% | +0.0100% | 4h | $95K | $181K | 25x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $36.8M | $99.6M | 75x | |
| 01 Exchange PENGUUSD | +0.004% | −0.0040% | 1h | $164 | $28 | 5x | as long as short |
| Hyperliquid PENGU | +0.027% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.978% | +0.2088% | 1h | $83K | $188K | 50x | as long as short |
| SunX PENGU-USDT | +2.293% | +0.0100% | 4h | $2K | $1.7M | 10x | as long as short |