After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.070%7d average—fees + slippage, in and out−$45spread needed0.451%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENGU-USDC | 0.008627 | 0.0100 | pay 0.0050% / 4h | 55m 28s | — | $2.3M | — |
| Short | MEXC PENGU_USDT | 0.008633 | 0.0100 | get 0.0050% / 4h | 55m 28s | $11.7M | $8.8M | 125x |
BingX PENGU-USDC
MEXC 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
- $6.95
- Funding while held
- $0
- Slippage, 4 orders
- −$35.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$38.15
- Spread needed to break even
- 0.451%
Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 4 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, 14 min ago | 2.96 bp | 20.5 bp −$20 | 51.3 bp −$513 | 323.4 bp −$32.3K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.59 bp | 3.7 bp −$4 | 16.7 bp −$167 | 57.6 bp −$5,761 | 127.6 bp −$63.8K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
BloFin0.008595+9.157%ApeX Omni0.008596+9.169%Variational Omni0.008596+9.172%Coinbase International0.008610+9.347%
Injective
BloFin
ApeX Omni
Variational Omni
Coinbase InternationalBingX0.008627+9.563%
Bybit0.008628+9.576%Extended0.008628+9.580%OKX0.008629+9.589%Reya0.008629+9.593%Lighter0.008631+9.614%Binance0.008631+9.617%dYdX0.008631+9.617%Nado0.008632+9.620%Pacifica0.008632+9.627%KuCoin0.008632+9.627%
Bybit
Extended
OKX
Reya
Lighter
Binance
dYdX
Nado
Pacifica
KuCoinMEXC0.008633+9.639%
Gate0.008634+9.652%Bitget0.008638+9.703%Backpack0.008638+9.703%Orderly0.008639+9.716%Arcus0.008640+9.728%01 Exchange0.008640+9.728%Aster0.008640+9.731%GMX0.008641+9.741%Hyperliquid0.008643+9.766%Deribit0.008643+9.766%gTrade (Gains Network)0.008643+9.768%SoDEX0.008644+9.779%Aevo0.008646+9.804%Kraken Futures0.008653+9.888%HTX0.008662+10.008%SunX0.008855+12.459%
Gate
Bitget
Backpack
Orderly
Arcus
Aster
GMX
Hyperliquid
Deribit
gTrade (Gains Network)
SoDEX
Aevo
Kraken Futures
HTX
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 | −8.728% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| BloFin PENGU-USDT | −0.371% | +0.0340% | 4h | $1.5M | $871K | 75x | as long as short |
| ApeX Omni PENGUUSDT | −0.359% | −0.0162% | 1h | $75K | $250K | 50x | as long as short |
| Variational Omni PENGU | −0.357% | +0.0100% | 4h | $695K | $293K | — | as long as short |
| Coinbase International PENGU-PERP-INTX | −0.197% | +0.2520% | 1h | $83K | $188K | 50x | as long as short |
| BingX PENGU-USDClong | 0.000% | +0.0100% | 4h | — | $2.3M | — | |
| Bybit PENGUUSDT | +0.012% | +0.0100% | 4h | $21.5M | $20.8M | 75x | as long as short |
| Extended PENGU-USD | +0.015% | +0.0104% | 1h | $188K | $661K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | +0.023% | +0.0100% | 4h | $7.4M | $32.9M | 50x | as long as short |
| Reya PENGURUSDPERP | +0.027% | +0.0235% | 1h | $291 | — | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter PENGU | +0.046% | +0.0096% | 1h | $301K | $439K | 8x | as long as short |
| Binance PENGUUSDT | +0.049% | +0.0100% | 4h | $37.1M | $102.1M | 75x | as long as short |
| dYdX PENGU-USD | +0.050% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Nado PENGU-PERP | +0.052% | +0.0100% | 1h | $221K | $289K | 5x | as long as short |
| Pacifica PENGU | +0.058% | +0.0100% | 1h | $203K | $124K | 5x | as long as short |
| KuCoin PENGUUSDTM | +0.058% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| MEXC PENGU_USDTshort | +0.070% | +0.0100% | 4h | $11.7M | $8.8M | 125x | |
| Gate PENGU_USDT | +0.081% | +0.0100% | 4h | $3.7M | $8.3M | 75x | as long as short |
| Bitget PENGUUSDT | +0.128% | +0.0100% | 4h | $8.5M | $7.6M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.128% | +0.0100% | 1h | $298K | $263K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | +0.139% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Arcus PENGU-USD | +0.151% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.151% | −0.0008% | 1h | $166 | $28 | 5x | as long as short |
| Aster PENGUUSDT | +0.153% | +0.0100% | 4h | $173K | $317K | 20x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | +0.162% | L +0.0390% / S −0.0364% | 1h | $85K | — | 100x | as long as short |
| Hyperliquid PENGU | +0.185% | +0.0100% | 1h | $8.3M | $6.3M | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.185% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.187% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| SoDEX PENGU-USD | +0.197% | +0.0100% | 1h | $975 | $14K | 5x | as long as short |
| Aevo PENGU-PERP | +0.220% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.297% | +0.0525% | 1h | $370K | $765K | 50x | as long as short |
| HTX PENGU-USDT | +0.406% | +0.0100% | 4h | $96K | $182K | 25x | as long as short |
| SunX PENGU-USDT | +2.643% | +0.0100% | 4h | $3K | $1.7M | 10x | as long as short |