After costs, if the gap returns to its 7d average, $10k−$154
spread now+1.533%7d average+0.723%fees + slippage, in and out−$235spread needed2.352%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENGU-USDT | 0.008675 | 0.0340 | pay 0.0170% / 4h | 2h 21m | $1.5M | $1.5M | 75x |
| Short | Coinbase International PENGU-PERP-INTX | 0.008808 | 0.2968 | get 0.0371% / 1h | 21m 06s | $93K | $128K | 50x |
BloFin PENGU-USDT
Coinbase International PENGU-PERP-INTXPrice 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
- $153.31
- Funding while held
- $78.84
- Slippage, 4 orders
- −$213.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$3.09
- Spread needed to break even
- 2.352%
Slippage from BloFin: live order book, 3 min ago; Coinbase International: live order book, 18 min ago.
Cost of waiting
funding view- Funding /8h
- +0.2628%
- Per $10,000 a day
- +$78.84
- 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, 3 min ago | 0.58 bp | 12.8 bp −$13 | 22.3 bp −$223 | 47.8 bp −$4,776 | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 100.93 bp | 106.7 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.BingX0.008659cheapestGate0.008667+0.092%Bybit0.008668+0.104%Backpack0.008669+0.115%OKX0.008671+0.139%MEXC0.008672+0.150%Nado0.008674+0.173%Bitget0.008675+0.185%
BingX
Gate
Bybit
Backpack
OKX
MEXC
Nado
BitgetBloFin0.008675+0.185%
Binance0.008677+0.205%GMX0.008677+0.208%Orderly0.008679+0.231%gTrade (Gains Network)0.008679+0.236%Extended0.008680+0.239%Reya0.008680+0.240%Arcus0.008680+0.243%Aevo0.008680+0.243%KuCoin0.008681+0.254%Hyperliquid0.008682+0.266%SoDEX0.008682+0.266%Aster0.008682+0.270%01 Exchange0.008683+0.277%Pacifica0.008684+0.289%Deribit0.008684+0.289%Lighter0.008686+0.312%ApeX Omni0.008688+0.335%dYdX0.008692+0.382%Kraken Futures0.008693+0.393%Variational Omni0.008699+0.462%HTX0.008704+0.520%Injective0.008792+1.536%
Binance
GMX
Orderly
gTrade (Gains Network)
Extended
Reya
Arcus
Aevo
KuCoin
Hyperliquid
SoDEX
Aster
Pacifica
Deribit
Lighter
ApeX Omni
dYdX
Kraken Futures
Variational Omni
HTX
InjectiveCoinbase International0.008808+1.721%
SunX0.008887+2.633%
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.184% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate PENGU_USDT | −0.092% | −0.0138% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Bybit PENGUUSDT | −0.081% | +0.0100% | 4h | $22.1M | $27.0M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.069% | +0.0100% | 1h | $307K | $306K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.046% | +0.0100% | 4h | $7.9M | $40.1M | 50x | as long as short |
| MEXC PENGU_USDT | −0.035% | +0.0100% | 4h | $11.5M | $10.9M | 125x | as long as short |
| Nado PENGU-PERP | −0.012% | +0.0100% | 1h | $639K | $677K | 5x | as long as short |
| Bitget PENGUUSDT | 0.000% | +0.0100% | 4h | $8.4M | $9.7M | 75x | as long as short |
| BloFin PENGU-USDTlong | 0.000% | +0.0340% | 4h | $1.5M | $1.5M | 75x | |
| Binance PENGUUSDT | +0.020% | +0.0100% | 4h | $36.8M | $127.8M | 75x | as long as short |