After costs, if the gap returns to its 7d average, $10k−$63
spread now−0.186%7d average—fees + slippage, in and out−$45spread needed0.448%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENGUUSDT | 0.008595 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $8.3M | $9.8M | 75x |
| Short | BingX PENGU-USDT | 0.008579 | 0.0100 | get 0.0050% / 4h | 1h 56m | — | $3.9M | — |
Bitget PENGUUSDT
BingX 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
- −$18.62
- Funding while held
- $0
- Slippage, 4 orders
- −$22.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.37
- Spread needed to break even
- 0.448%
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 15 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, 4 min ago | 0.58 bp | 11.5 bp −$12 | 22.8 bp −$228 | 84.3 bp −$8,433 | doesn't fit |
| Sell BingX live order book, 15 min ago | 1.17 bp | 10.8 bp −$11 | 16.5 bp −$165 | 54.5 bp −$5,448 | 237.1 bp −$118.5K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.008570cheapestBinance0.008578+0.085%
Variational Omni
BinanceBingX0.008579+0.101%
Bybit0.008586+0.183%GMX0.008586+0.183%gTrade (Gains Network)0.008586+0.184%Reya0.008592+0.250%OKX0.008592+0.253%Gate0.008592+0.253%ApeX Omni0.008593+0.265%Nado0.008593+0.271%MEXC0.008594+0.276%
Bybit
GMX
gTrade (Gains Network)
Reya
OKX
Gate
ApeX Omni
Nado
MEXCBitget0.008595+0.288%
KuCoin0.008596+0.300%Pacifica0.008597+0.311%Extended0.008597+0.315%Hyperliquid0.008600+0.346%Arcus0.008600+0.346%Lighter0.008601+0.358%Aster0.008601+0.358%01 Exchange0.008601+0.358%dYdX0.008601+0.362%BloFin0.008605+0.405%Backpack0.008606+0.416%Aevo0.008606+0.416%SoDEX0.008610+0.463%Orderly0.008611+0.475%Deribit0.008611+0.475%HTX0.008614+0.510%Kraken Futures0.008615+0.526%Coinbase International0.008700+1.513%Injective0.008792+2.587%SunX0.008816+2.867%
KuCoin
Pacifica
Extended
Hyperliquid
Arcus
Lighter
Aster
dYdX
BloFin
Backpack
Aevo
SoDEX
Orderly
Deribit
HTX
Kraken Futures
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.287% | +0.0100% | 4h | $761K | $530K | — | as long as short |
| Binance PENGUUSDT | −0.203% | +0.0100% | 4h | $36.2M | $129.0M | 75x | as long as short |
| BingX PENGU-USDTshort | −0.186% | +0.0100% | 4h | — | $3.9M | — | |
| Bybit PENGUUSDT | −0.105% | +0.0100% | 4h | $21.9M | $27.4M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.105% | L +0.0500% / S −0.0698% | 1h | $110K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.104% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Reya PENGURUSDPERP | −0.038% | +0.0236% | 1h | $290 | — | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.035% | +0.0100% | 4h | $7.9M | $40.2M | 50x | as long as short |
| Gate PENGU_USDT | −0.035% | −0.0144% | 4h | $3.5M | $12.8M | 75x | as long as short |
| ApeX Omni PENGUUSDT | −0.023% | +0.0100% | 1h | $78K | $253K | 50x | as long as short |