After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.173%7d average+0.055%fees + slippage, in and out−$41spread needed0.408%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENGU-USDT | 0.008693 | 0.0100 | pay 0.0050% / 4h | 17m 51s | — | $3.8M | — |
| Short | Bitget PENGUUSDT | 0.008708 | 0.0100 | get 0.0050% / 4h | 17m 51s | $8.6M | $8.2M | 75x |
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
- $17.26
- Funding while held
- $0
- Slippage, 4 orders
- −$18.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.57
- Spread needed to break even
- 0.408%
Slippage from BingX: live order book, 8 min ago; Bitget: live order book, 2 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 BingX live order book, 8 min ago | 0.58 bp | 8.8 bp −$9 | 13.3 bp −$133 | 29.3 bp −$2,932 | 314.6 bp −$157.3K |
| Sell Bitget live order book, 2 min ago | 1.16 bp | 9.3 bp −$9 | 29.2 bp −$292 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −1.590% | +0.0100% | 4h | $670K | $335K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.955% | +0.0100% | 1h | $75K | $251K | 50x | as long as short |
| BloFin PENGU-USDT | −0.403% | +0.0340% | 4h | $1.5M | $924K | 75x | as long as short |
| Reya PENGURUSDPERP | −0.375% | +0.0235% | 1h | $292 | — | 10x | as long as short |
| 01 Exchange PENGUUSD | −0.368% | −0.0080% | 1h | $167 | $28 | 5x | as long as short |
| Nado PENGU-PERP | −0.357% | +0.0100% | 1h | $223K | $310K | 5x | as long as short |
| Arcus PENGU-USD | −0.265% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.230% | L +0.0478% / S −0.0525% | 1h | $110K | — | 100x | as long as short |
| Pacifica PENGU | −0.219% | +0.0100% | 1h | $203K | $125K | 5x | as long as short |
| dYdX PENGU-USD | −0.180% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PENGU/USD | −0.170% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Extended PENGU-USD | −0.147% | +0.0104% | 1h | $192K | $665K | 10x | as long as short |
| Aevo PENGU-PERP | −0.127% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| HTX PENGU-USDT | −0.127% | +0.0100% | 4h | $96K | $183K | 25x | as long as short |
| SoDEX PENGU-USD | −0.115% | +0.0100% | 1h | $990 | $14K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.104% | +0.0100% | 4h | $5.0M | $6.7M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.081% | +0.0098% | 4h | $21K | $179K | 20x | as long as short |
| MEXC PENGU_USDT | −0.069% | +0.0100% | 4h | $13.8M | $9.9M | 125x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.069% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| Lighter PENGU | −0.046% | +0.0096% | 1h | $301K | $449K | 8x | as long as short |
| Backpack PENGU_USDC_PERP | −0.046% | −0.0150% | 1h | $304K | $278K | 10x | as long as short |
| Gate PENGU_USDT | −0.035% | +0.0100% | 4h | $3.8M | $9.9M | 75x | as long as short |
| Hyperliquid PENGU | −0.012% | +0.0100% | 1h | $8.4M | $6.7M | 5x | as long as short |
| BingX PENGU-USDTlong | 0.000% | +0.0100% | 4h | — | $3.8M | — | |
| Kraken Futures PF_PENGUUSD | +0.011% | +0.0523% | 1h | $369K | $804K | 50x | as long as short |
| Bybit PENGUUSDT | +0.012% | +0.0100% | 4h | $21.9M | $22.4M | 75x | as long as short |
| Aster PENGUUSDT | +0.055% | +0.0100% | 4h | $175K | $322K | 20x | as long as short |
| OKX PENGU-USDT-SWAP | +0.081% | +0.0100% | 4h | $7.6M | $36.2M | 50x | as long as short |
| Binance PENGUUSDT | +0.092% | +0.0100% | 4h | $37.2M | $110.7M | 75x | as long as short |
| Bitget PENGUUSDTshort | +0.173% | +0.0100% | 4h | $8.6M | $8.2M | 75x | |
| Coinbase International PENGU-PERP-INTX | +0.414% | +0.2520% | 1h | $92K | $133K | 50x | as long as short |
| SunX PENGU-USDT | +2.312% | +0.0100% | 4h | $3K | $1.9M | 10x | as long as short |
| Injective PENGU/USDC PERP | +5.119% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
BingX PENGU-USDT
Bitget PENGUUSDT
Variational Omni
ApeX Omni
BloFin
GMX
Pacifica
gTrade (Gains Network)
Extended
HTX
SoDEX
KuCoin
MEXC
Deribit
Lighter
Backpack
Gate
Hyperliquid
Kraken Futures
Bybit
Aster
OKX
Binance
Coinbase International
SunX
Injective