After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.084%7d average+0.001%fees + slippage, in and out−$42spread needed0.418%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENGUUSDT | 0.008697 | 0.0100 | pay 0.0050% / 4h | 5m 16s | $37.2M | $113.1M | 75x |
| Short | OKX PENGU-USDT-SWAP | 0.008690 | 0.0100 | get 0.0050% / 4h | 5m 16s | $7.7M | $36.8M | 50x |
Price 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
- −$8.37
- Funding while held
- $0
- Slippage, 4 orders
- −$21.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$50.14
- Spread needed to break even
- 0.418%
Slippage from Binance: live order book, 9 min ago; OKX: 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, 9 min ago | 0.57 bp | 7.4 bp −$7 | 19.0 bp −$190 | 66.1 bp −$6,606 | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.15 bp | 11.6 bp −$12 | 27.8 bp −$278 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.176% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Bybit PENGUUSDT | −0.095% | +0.0100% | 4h | $22.0M | $22.8M | 75x | as long as short |
| OKX PENGU-USDT-SWAPshort | −0.084% | +0.0100% | 4h | $7.7M | $36.8M | 50x | |
| Backpack PENGU_USDC_PERP | −0.061% | −0.0070% | 1h | $304K | $282K | 10x | as long as short |
| MEXC PENGU_USDT | −0.049% | +0.0100% | 4h | $13.4M | $10.1M | 125x | as long as short |
| BloFin PENGU-USDT | −0.015% | +0.0340% | 4h | $1.5M | $938K | 75x | as long as short |
| Binance PENGUUSDTlong | 0.000% | +0.0100% | 4h | $37.2M | $113.1M | 75x | |
| Bitget PENGUUSDT | +0.020% | +0.0100% | 4h | $8.7M | $8.4M | 75x | as long as short |
| Arcus PENGU-USD | +0.031% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Lighter PENGU | +0.054% | +0.0096% | 1h | $305K | $452K | 8x | as long as short |
Binance PENGUUSDT
OKX PENGU-USDT-SWAP
ApeX Omni
Bybit
Backpack
MEXC
BloFin
Bitget
Lighter
Gate
KuCoin
BingX
Extended
Variational Omni
SoDEX
Deribit
GMX
gTrade (Gains Network)
Aster
Hyperliquid
Pacifica
Kraken Futures
HTX
Coinbase International
SunX
Injective