data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

PENGU

all PENGU markets
SwapFunding view
Alert
My alerts

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−$33
spread now+0.380%7d average+0.085%fees + slippage, in and out−$62spread needed0.622%
Long on BinanceShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PENGUUSDT0.0082320.0100pay 0.0050% / 4h1h 46m$35.0M$95.4M75x
ShortKraken Futures PF_PENGUUSD0.0082630.0656get 0.0082% / 1h46m 36s$347K$787K50x

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
$38.03
Funding while held
$16.68
Slippage, 4 orders
−$42.15
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$7.44
Spread needed to break even
0.622%
Slippage from Binance: live order book, 13 min ago; Kraken Futures: live order book, 8 min ago.

Cost of waiting

funding view
Funding /8h
+0.0556%
Per $10,000 a day
+$16.68
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, 13 min ago0.60 bp8.4 bp −$816.4 bp −$16476.4 bp −$7,643doesn't fit
Sell Kraken Futures live order book, 8 min ago12.14 bp21.2 bp −$2138.2 bp −$382doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.007874cheapestVariational Omni0.008211+4.285%ApeX Omni0.008221+4.407%Reya0.008228+4.490%Extended0.008228+4.500%Bybit0.008229+4.509%Arcus0.008230+4.521%
Binance0.008232+4.547%
OKX0.008232+4.547%Gate0.008233+4.559%BingX0.008234+4.572%MEXC0.008236+4.597%Pacifica0.008237+4.610%Hyperliquid0.008238+4.623%Bitget0.008239+4.636%dYdX0.008239+4.642%KuCoin0.008241+4.661%Lighter0.008242+4.674%Aster0.008244+4.702%gTrade (Gains Network)0.008248+4.747%Backpack0.008250+4.775%BloFin0.008255+4.839%Aevo0.008257+4.864%SoDEX0.008258+4.877%Deribit0.008262+4.928%
Kraken Futures0.008263+4.944%
Orderly0.008264+4.953%GMX0.008267+4.991%Nado0.008272+5.055%HTX0.008294+5.334%Coinbase International0.008378+6.401%SunX0.008457+7.404%

PENGU on 32 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENGU/USDC PERP−4.349%+0.0033%1h$3K$116K5.5xas long as short
Variational Omni PENGU−0.250%+0.0100%4h$659K$284K—as long as short
ApeX Omni PENGUUSDT−0.134%−0.0048%1h$71K$251K50xas long as short
Reya PENGURUSDPERP−0.054%+0.0235%1h$278—10xas long as short
Extended PENGU-USD−0.045%+0.0104%1h$158K$638K10xas long as short
Bybit PENGUUSDT−0.036%+0.0100%4h$20.2M$19.8M75xas long as short
Arcus PENGU-USD−0.024%+0.0100%1h$4K$31K5xas long as short
Binance PENGUUSDTlong0.000%+0.0100%4h$35.0M$95.4M75x
OKX PENGU-USDT-SWAP0.000%+0.0100%4h$6.9M$30.2M50xas long as short
Gate PENGU_USDT+0.012%+0.0100%4h$3.4M$7.5M75xas long as short
Show all 32 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PENGU-USDT+0.024%+0.0100%4h—$3.6M—as long as short
MEXC PENGU_USDT+0.049%+0.0100%4h$11.6M$8.6M125xas long as short
Pacifica PENGU+0.061%+0.0100%1h$192K$121K5xas long as short
Hyperliquid PENGU+0.073%+0.0100%1h$8.1M$5.9M5xas long as short
Bitget PENGUUSDT+0.085%+0.0100%4h$8.2M$7.3M75xas long as short
dYdX PENGU-USD+0.091%+0.2050%1h$10K$9985xas long as short
KuCoin PENGUUSDTM+0.109%+0.0100%4h$4.6M$6.3M75xas long as short
Lighter PENGU+0.121%+0.0096%1h$315K$385K8xas long as short
Aster PENGUUSDT+0.149%+0.0100%4h$167K$307K20xas long as short
gTrade (Gains Network) PENGU/USD+0.192%L +0.0007% / S −0.0003%1h$32K—150xas long as short
Backpack PENGU_USDC_PERP+0.219%+0.0100%1h$284K$255K10xas long as short
BloFin PENGU-USDT+0.279%+0.0340%4h$1.4M$787K75xas long as short
Aevo PENGU-PERP+0.304%+0.0104%1h$191K$17K3xas long as short
SoDEX PENGU-USD+0.316%+0.0100%1h$918$14K5xas long as short
Deribit PENGU_USDC-PERPETUAL+0.364%−0.0113%1h$21K$4K10xas long as short
Kraken Futures PF_PENGUUSDshort+0.380%+0.0656%1h$347K$787K50x
Orderly PERP_PENGU_USDC+0.389%+0.0096%4h$16K$174K20xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.425%L +0.0385% / S −0.0369%1h$82K—100xas long as short
Nado PENGU-PERP+0.486%+0.0100%1h$208K$268K5xas long as short
HTX PENGU-USDT+0.753%+0.0100%4h$92K$181K25xas long as short
Coinbase International PENGU-PERP-INTX+1.774%+0.2088%1h$84K$193K50xas long as short
SunX PENGU-USDT+2.733%+0.0100%4h$3K$1.6M10xas long as short