After costs, if the gap returns to its 7d average, $10k−$56
spread now−0.091%7d average+0.009%fees + slippage, in and out−$46spread needed0.464%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENGU-USDT | 0.008798 | 0.0100 | pay 0.0050% / 4h | 3h 32m | — | $4.1M | — |
| Short | Gate PENGU_USDT | 0.008790 | 0.0010 | get 0.0005% / 4h | 3h 32m | $3.9M | $11.5M | 75x |
BingX PENGU-USDT
Gate PENGU_USDTPrice 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
- −$9.09
- Funding while held
- −$2.7
- Slippage, 4 orders
- −$21.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.15
- Spread needed to break even
- 0.464%
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.70
- 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, 9 min ago | 1.13 bp | 6.8 bp −$7 | 14.2 bp −$142 | 54.7 bp −$5,467 | 367.6 bp −$183.8K |
| Sell Gate live order book, 3 min ago | 4.55 bp | 15.7 bp −$16 | 86.1 bp −$861 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Gate0.008790cheapest
Bybit0.008794+0.046%Binance0.008795+0.057%gTrade (Gains Network)0.008796+0.073%OKX0.008797+0.080%KuCoin0.008798+0.091%
Bybit
Binance
gTrade (Gains Network)
OKX
KuCoinBingX0.008798+0.091%
Extended0.008798+0.093%Reya0.008800+0.109%Arcus0.008800+0.114%MEXC0.008800+0.114%Bitget0.008802+0.137%GMX0.008802+0.137%01 Exchange0.008804+0.159%Aster0.008805+0.168%Pacifica0.008807+0.193%Hyperliquid0.008809+0.216%dYdX0.008809+0.219%Nado0.008810+0.228%Orderly0.008810+0.228%Aevo0.008810+0.228%Deribit0.008812+0.250%Backpack0.008817+0.307%BloFin0.008817+0.307%Lighter0.008819+0.330%Kraken Futures0.008819+0.331%SoDEX0.008823+0.375%ApeX Omni0.008827+0.421%HTX0.008828+0.432%Variational Omni0.008843+0.599%Coinbase International0.008950+1.820%Injective0.008971+2.059%SunX0.009020+2.617%
Extended
Reya
Arcus
MEXC
Bitget
GMX
Aster
Pacifica
Hyperliquid
dYdX
Nado
Orderly
Aevo
Deribit
Backpack
BloFin
Lighter
Kraken Futures
SoDEX
ApeX Omni
HTX
Variational Omni
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDTshort | −0.091% | +0.0010% | 4h | $3.9M | $11.5M | 75x | |
| Bybit PENGUUSDT | −0.045% | +0.0100% | 4h | $23.2M | $25.5M | 75x | as long as short |
| Binance PENGUUSDT | −0.034% | +0.0100% | 4h | $37.8M | $124.1M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.018% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| OKX PENGU-USDT-SWAP | −0.011% | +0.0100% | 4h | $7.9M | $39.9M | 50x | as long as short |
| KuCoin PENGUUSDTM | 0.000% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| BingX PENGU-USDTlong | 0.000% | +0.0100% | 4h | — | $4.1M | — | |
| Extended PENGU-USD | +0.002% | +0.0104% | 1h | $192K | $669K | 10x | as long as short |
| Reya PENGURUSDPERP | +0.018% | +0.0235% | 1h | $297 | — | 10x | as long as short |
| Arcus PENGU-USD | +0.023% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |