After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.074%7d average−0.052%fees + slippage, in and out−$43spread needed0.431%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENGUUSDT | 0.008279 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $8.2M | $7.3M | 75x |
| Short | Binance PENGUUSDT | 0.008273 | 0.0100 | get 0.0050% / 4h | 1h 58m | $35.0M | $93.7M | 75x |
Bitget PENGUUSDT
Binance PENGUUSDTPrice 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
- −$7.37
- Funding while held
- $0
- Slippage, 4 orders
- −$21.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.45
- Spread needed to break even
- 0.431%
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 1 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 Bitget live order book, 2 min ago | 1.81 bp | 13.1 bp −$13 | 17.2 bp −$172 | 67.5 bp −$6,749 | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.60 bp | 8.8 bp −$9 | 14.2 bp −$142 | 56.2 bp −$5,621 | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapestNado0.008264+4.959%Bybit0.008267+4.991%Gate0.008269+5.017%Backpack0.008269+5.017%Arcus0.008270+5.029%Aevo0.008270+5.029%Reya0.008270+5.035%Extended0.008271+5.039%dYdX0.008271+5.041%Pacifica0.008271+5.042%Deribit0.008271+5.042%
Injective
Nado
Bybit
Gate
Backpack
Arcus
Aevo
Reya
Extended
dYdX
Pacifica
DeribitBinance0.008273+5.066%
OKX0.008273+5.067%MEXC0.008273+5.067%BingX0.008274+5.080%Orderly0.008274+5.080%SoDEX0.008274+5.080%GMX0.008275+5.093%BloFin0.008275+5.093%KuCoin0.008276+5.105%Aster0.008276+5.109%gTrade (Gains Network)0.008276+5.109%
OKX
MEXC
BingX
Orderly
SoDEX
GMX
BloFin
KuCoin
Aster
gTrade (Gains Network)Bitget0.008279+5.144%
Hyperliquid0.008280+5.156%Lighter0.008283+5.194%HTX0.008284+5.207%Kraken Futures0.008284+5.211%ApeX Omni0.008293+5.321%Variational Omni0.008295+5.349%Coinbase International0.008406+6.756%SunX0.008479+7.684%
Hyperliquid
Lighter
HTX
Kraken Futures
ApeX Omni
Variational Omni
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.892% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Nado PENGU-PERP | −0.175% | +0.0100% | 1h | $206K | $259K | 5x | as long as short |
| Bybit PENGUUSDT | −0.145% | +0.0100% | 4h | $20.3M | $19.8M | 75x | as long as short |
| Gate PENGU_USDT | −0.121% | +0.0100% | 4h | $3.4M | $7.0M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.121% | −0.0181% | 1h | $285K | $256K | 10x | as long as short |
| Arcus PENGU-USD | −0.109% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Aevo PENGU-PERP | −0.109% | +0.0104% | 1h | $191K | $17K | 3x | as long as short |
| Reya PENGURUSDPERP | −0.103% | +0.0234% | 1h | $279 | — | 10x | as long as short |
| Extended PENGU-USD | −0.099% | +0.0104% | 1h | $159K | $635K | 10x | as long as short |
| dYdX PENGU-USD | −0.097% | +0.0931% | 1h | $10K | $998 | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica PENGU | −0.097% | +0.0100% | 1h | $193K | $121K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.097% | −0.0233% | 1h | $21K | $4K | 10x | as long as short |
| Binance PENGUUSDTshort | −0.074% | +0.0100% | 4h | $35.0M | $93.7M | 75x | |
| OKX PENGU-USDT-SWAP | −0.072% | +0.0100% | 4h | $6.9M | $30.2M | 50x | as long as short |
| MEXC PENGU_USDT | −0.072% | +0.0100% | 4h | $11.8M | $8.4M | 125x | as long as short |
| BingX PENGU-USDC | −0.060% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Orderly PERP_PENGU_USDC | −0.060% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| SoDEX PENGU-USD | −0.060% | +0.0100% | 1h | $921 | $14K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.048% | L +0.0385% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| BloFin PENGU-USDT | −0.048% | +0.0340% | 4h | $1.4M | $760K | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.036% | +0.0100% | 4h | $4.9M | $6.2M | 75x | as long as short |
| Aster PENGUUSDT | −0.033% | +0.0100% | 4h | $168K | $305K | 20x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.033% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Bitget PENGUUSDTlong | 0.000% | +0.0100% | 4h | $8.2M | $7.3M | 75x | |
| Hyperliquid PENGU | +0.012% | +0.0100% | 1h | $8.3M | $5.8M | 5x | as long as short |
| Lighter PENGU | +0.048% | +0.0096% | 1h | $325K | $374K | 8x | as long as short |
| HTX PENGU-USDT | +0.060% | +0.0100% | 4h | $92K | $193K | 25x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.064% | +0.0654% | 1h | $348K | $775K | 50x | as long as short |
| ApeX Omni PENGUUSDT | +0.169% | +0.0100% | 1h | $71K | $251K | 50x | as long as short |
| Variational Omni PENGU | +0.196% | +0.0100% | 4h | $667K | $284K | — | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.534% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.416% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |