After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.220%7d average+0.026%fees + slippage, in and out−$43spread needed0.428%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENGU-USDT | 0.008651 | 0.0340 | pay 0.0170% / 4h | 2h 34m | $1.5M | $1.5M | 75x |
| Short | Bitget PENGUUSDT | 0.008632 | 0.0100 | get 0.0050% / 4h | 2h 34m | $8.4M | $9.6M | 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
- −$21.96
- Funding while held
- −$7.2
- Slippage, 4 orders
- −$18.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$71.94
- Spread needed to break even
- 0.428%
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0240%
- Per $10,000 a day
- −$7.20
- 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 BloFin live order book, 5 min ago | 1.74 bp | 7.7 bp −$8 | 12.7 bp −$127 | 33.2 bp −$3,315 | doesn't fit |
| Sell Bitget live order book, just now | 1.16 bp | 12.9 bp −$13 | 25.8 bp −$258 | 95.8 bp −$9,576 | 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 | −0.472% | +0.0100% | 4h | $763K | $519K | — | as long as short |
| Bybit PENGUUSDT | −0.324% | +0.0100% | 4h | $21.9M | $26.9M | 75x | as long as short |
| Extended PENGU-USD | −0.302% | +0.0104% | 1h | $178K | $676K | 10x | as long as short |
| Gate PENGU_USDT | −0.301% | −0.0106% | 4h | $3.6M | $12.8M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.277% | +0.0100% | 4h | $7.7M | $39.7M | 50x | as long as short |
| Reya PENGURUSDPERP | −0.258% | +0.0236% | 1h | $291 | — | 10x | as long as short |
| BingX PENGU-USDT | −0.254% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Binance PENGUUSDT | −0.247% | +0.0100% | 4h | $36.6M | $127.0M | 75x | as long as short |
| Arcus PENGU-USD | −0.243% | +0.0100% | 1h | $19K | $23K | 5x | as long as short |
| MEXC PENGU_USDT | −0.243% | +0.0100% | 4h | $11.4M | $10.8M | 125x | as long as short |
BloFin PENGU-USDT
Bitget PENGUUSDT
Variational Omni
Bybit
Extended
Gate
OKX
BingX
Binance
MEXC
Pacifica
ApeX Omni
Hyperliquid
Lighter
KuCoin
Backpack
Aster
SoDEX
Deribit
Kraken Futures
GMX
gTrade (Gains Network)
HTX
Injective
Coinbase International
SunX