After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.256%7d average−0.027%fees + slippage, in and out−$55spread needed0.547%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENGU-USDT | 0.008985 | −0.0030 | get 0.0015% / 4h | 54m 48s | $1.6M | $2.3M | 75x |
| Short | Gate PENGU_USDT | 0.008962 | −0.0058 | pay 0.0029% / 4h | 54m 48s | $3.7M | $13.9M | 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
- −$25.6
- Funding while held
- −$0.84
- Slippage, 4 orders
- −$27.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$81.17
- Spread needed to break even
- 0.547%
Slippage from BloFin: live order book, 5 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0028%
- Per $10,000 a day
- −$0.84
- 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, 5 min ago | 6.66 bp | 13.8 bp −$14 | 13.8 bp −$138 | 44.8 bp −$4,478 | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.78 bp | 13.7 bp −$14 | 45.9 bp −$459 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −2.148% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| Gate PENGU_USDTshort | −0.256% | −0.0058% | 4h | $3.7M | $13.9M | 75x | |
| KuCoin PENGUUSDTM | −0.189% | +0.0100% | 4h | $5.0M | $7.7M | 75x | as long as short |
| Bybit PENGUUSDT | −0.178% | +0.0100% | 4h | $24.1M | $30.8M | 75x | as long as short |
| MEXC PENGU_USDT | −0.167% | +0.0100% | 4h | $12.6M | $11.4M | 125x | as long as short |
| Extended PENGU-USD | −0.165% | +0.0104% | 1h | $185K | $679K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.145% | +0.0100% | 4h | $8.2M | $45.1M | 50x | as long as short |
| BingX PENGU-USDT | −0.145% | +0.0100% | 4h | — | $4.0M | — | as long as short |
| Binance PENGUUSDT | −0.134% | +0.0100% | 4h | $38.3M | $139.0M | 75x | as long as short |
| Lighter PENGU | −0.111% | +0.0096% | 1h | $345K | $547K | 8x | as long as short |
BloFin PENGU-USDT
Gate PENGU_USDT
Injective
KuCoin
Bybit
MEXC
Extended
OKX
BingX
Binance
Lighter
Bitget
ApeX Omni
Variational Omni
Backpack
Aster
SoDEX
Hyperliquid
Deribit
gTrade (Gains Network)
Pacifica
GMX
Kraken Futures
HTX
Coinbase International
SunX