data as of
Settings8H · net · $10k
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Price arb /

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.250%7d average+0.025%fees + slippage, in and out−$62spread needed0.622%
Long on BloFinShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PENGU-USDT0.0087840.0340pay 0.0170% / 4h1h 25m$1.5M$1.6M75x
ShortLighter PENGU0.0087620.0096get 0.0012% / 1h25m 27s$316K$493K8x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$25.05
Funding while held
−$7.32
Slippage, 4 orders
−$50.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$94.54
Spread needed to break even
0.622%
Slippage from BloFin: live order book, 4 min ago; Lighter: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0244%
Per $10,000 a day
−$7.32
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago1.14 bp12.7 bp −$1316.2 bp −$16240.7 bp −$4,068doesn't fit
Sell Lighter live order book, 1 min ago1.71 bp9.5 bp −$1062.1 bp −$621doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.008714cheapestBybit0.008725+0.127%Gate0.008727+0.150%GMX0.008730+0.185%Extended0.008731+0.199%Binance0.008732+0.208%OKX0.008732+0.208%Aevo0.008732+0.208%Reya0.008733+0.225%gTrade (Gains Network)0.008734+0.228%BingX0.008734+0.231%Bitget0.008735+0.242%Orderly0.008735+0.242%MEXC0.008736+0.254%Nado0.008736+0.257%ApeX Omni0.008740+0.300%KuCoin0.008743+0.334%Hyperliquid0.008745+0.357%01 Exchange0.008748+0.391%Arcus0.008750+0.414%Aster0.008753+0.448%Pacifica0.008753+0.449%dYdX0.008757+0.497%
Lighter0.008762+0.552%
Backpack0.008770+0.644%Deribit0.008773+0.678%SoDEX0.008774+0.690%Kraken Futures0.008780+0.754%
BloFin0.008784+0.805%
HTX0.008785+0.816%Injective0.008792+0.896%Coinbase International0.008859+1.665%SunX0.008977+3.019%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PENGU−0.798%+0.0100%4h$776K$526K—as long as short
Bybit PENGUUSDT−0.672%+0.0100%4h$22.3M$27.7M75xas long as short
Gate PENGU_USDT−0.649%−0.0096%4h$3.6M$12.9M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]−0.615%L +0.0505% / S −0.0698%1h$112K—100xas long as short
Extended PENGU-USD−0.600%+0.0104%1h$180K$678K10xas long as short
Binance PENGUUSDT−0.592%+0.0100%4h$37.1M$130.4M75xas long as short
OKX PENGU-USDT-SWAP−0.592%+0.0100%4h$8.1M$41.3M50xas long as short
Aevo PENGU-PERP−0.592%+0.0104%1h$202K$17K3xas long as short
Reya PENGURUSDPERP−0.575%+0.0236%1h$295—10xas long as short
gTrade (Gains Network) PENGU/USD−0.572%L +0.0007% / S −0.0003%1h$32K—150xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PENGU-USDT−0.569%+0.0100%4h—$4.0M—as long as short
Bitget PENGUUSDT−0.558%+0.0100%4h$8.5M$9.9M75xas long as short
Orderly PERP_PENGU_USDC−0.558%+0.0096%4h$21K$187K20xas long as short
MEXC PENGU_USDT−0.546%+0.0100%4h$11.3M$10.8M125xas long as short
Nado PENGU-PERP−0.544%+0.0100%1h$640K$686K5xas long as short
ApeX Omni PENGUUSDT−0.501%+0.0100%1h$80K$252K50xas long as short
KuCoin PENGUUSDTM−0.467%+0.0100%4h$5.2M$7.2M75xas long as short
Hyperliquid PENGU−0.444%+0.0100%1h$9.8M$12.1M5xas long as short
01 Exchange PENGUUSD−0.410%+0.0184%1h$200$595xas long as short
Arcus PENGU-USD−0.387%+0.0100%1h$19K$24K5xas long as short
Aster PENGUUSDT−0.353%+0.0100%4h$181K$369K20xas long as short
Pacifica PENGU−0.353%+0.0100%1h$207K$133K5xas long as short
dYdX PENGU-USD−0.305%0.0000%1h$12K$5K5xas long as short
Lighter PENGUshort−0.250%+0.0096%1h$316K$493K8x
Backpack PENGU_USDC_PERP−0.159%+0.0100%1h$309K$306K10xas long as short
Deribit PENGU_USDC-PERPETUAL−0.125%0.0000%1h$20K$7K10xas long as short
SoDEX PENGU-USD−0.114%+0.0100%1h$988$14K5xas long as short
Kraken Futures PF_PENGUUSD−0.050%−0.0073%1h$311K$982K50xas long as short
BloFin PENGU-USDTlong0.000%+0.0340%4h$1.5M$1.6M75x
HTX PENGU-USDT+0.011%+0.0100%4h$98K$234K25xas long as short
Injective PENGU/USDC PERP+0.091%+0.0033%1h$3K$24K5.5xas long as short
Coinbase International PENGU-PERP-INTX+0.854%+0.2920%1h$93K$128K50xas long as short
SunX PENGU-USDT+2.197%+0.0100%4h$3K$2.0M10xas long as short