data as of
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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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.139%
7d average−0.032%if it closes, per $10,000$14funding while held, a day−$7.27
Long on BloFinShort on Orderly
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PENGU-USDT0.0086360.0340pay 0.0170% / 4h3h 16m$1.6M$1.4M75x
ShortOrderly PERP_PENGU_USDC0.0086480.0098get 0.0049% / 4h3h 16m$16K$185K20x

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
$13.9
Funding while held
−$7.27
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$11.37
Spread needed to break even
0.180%
Slippage unknown: BloFin: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0242%
Per $10,000 a day
−$7.27
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, 3 min ago4.66 bp10.7 bp −$1115.1 bp −$15151.7 bp −$5,168doesn't fit
Sell Orderly no order-book sample—————
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
ApeX Omni0.008563cheapestVariational Omni0.008608+0.523%Arcus0.008630+0.782%Pacifica0.008636+0.853%
BloFin0.008636+0.853%
Bybit0.008638+0.876%SoDEX0.008642+0.923%01 Exchange0.008644+0.946%Gate0.008644+0.946%dYdX0.008645+0.952%OKX0.008645+0.958%KuCoin0.008645+0.958%Binance0.008646+0.972%Nado0.008646+0.975%Extended0.008647+0.976%Aevo0.008647+0.981%Bitget0.008648+0.993%Backpack0.008648+0.993%
Orderly0.008648+0.993%
Deribit0.008648+0.993%Reya0.008649+1.001%Aster0.008650+1.014%Lighter0.008650+1.016%BingX0.008651+1.028%MEXC0.008653+1.051%gTrade (Gains Network)0.008654+1.057%Kraken Futures0.008654+1.062%GMX0.008655+1.074%Hyperliquid0.008658+1.109%HTX0.008659+1.121%Coinbase International0.008712+1.740%Injective0.008792+2.674%SunX0.008848+3.328%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni PENGUUSDT−0.845%+0.0100%1h$78K$252K50xas long as short
Variational Omni PENGU−0.327%+0.0100%4h$668K$400K—as long as short
Arcus PENGU-USD−0.069%+0.0100%1h$19K$24K5xas long as short
Pacifica PENGU0.000%+0.0100%1h$202K$129K5xas long as short
BloFin PENGU-USDTlong0.000%+0.0340%4h$1.6M$1.4M75x
Bybit PENGUUSDT+0.023%+0.0100%4h$22.1M$26.6M75xas long as short
SoDEX PENGU-USD+0.069%+0.0100%1h$969$14K5xas long as short
01 Exchange PENGUUSD+0.093%+0.0240%1h$167$285xas long as short
Gate PENGU_USDT+0.093%−0.0176%4h$3.6M$12.5M75xas long as short
dYdX PENGU-USD+0.099%+0.9064%1h$11K$5K5xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX PENGU-USDT-SWAP+0.104%+0.0100%4h$7.6M$39.8M50xas long as short
KuCoin PENGUUSDTM+0.104%+0.0100%4h$5.2M$7.0M75xas long as short
Binance PENGUUSDT+0.118%+0.0100%4h$36.9M$125.7M75xas long as short
Nado PENGU-PERP+0.122%+0.0100%1h$641K$662K5xas long as short
Extended PENGU-USD+0.123%+0.0104%1h$177K$679K10xas long as short
Aevo PENGU-PERP+0.127%+0.0104%1h$200K$17K3xas long as short
Bitget PENGUUSDT+0.139%+0.0100%4h$8.4M$9.4M75xas long as short
Backpack PENGU_USDC_PERP+0.139%+0.0100%1h$307K$308K10xas long as short
Orderly PERP_PENGU_USDCshort+0.139%+0.0098%4h$16K$185K20x
Deribit PENGU_USDC-PERPETUAL+0.139%0.0000%1h$19K$7K10xas long as short
Reya PENGURUSDPERP+0.147%+0.0235%1h$292—10xas long as short
Aster PENGUUSDT+0.160%+0.0100%4h$177K$342K20xas long as short
Lighter PENGU+0.162%+0.0096%1h$308K$473K8xas long as short
BingX PENGU-USDT+0.174%+0.0100%4h—$4.1M—as long as short
MEXC PENGU_USDT+0.197%+0.0100%4h$11.4M$10.9M125xas long as short
gTrade (Gains Network) PENGU/USD+0.203%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Kraken Futures PF_PENGUUSD+0.208%+0.0122%1h$361K$859K50xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.220%L +0.0492% / S −0.0660%1h$109K—100xas long as short
Hyperliquid PENGU+0.255%+0.0476%1h$9.8M$9.4M5xas long as short
HTX PENGU-USDT+0.266%+0.0100%4h$100K$221K25xas long as short
Coinbase International PENGU-PERP-INTX+0.880%+0.2912%1h$92K$130K50xas long as short
Injective PENGU/USDC PERP+1.806%+0.5000%1h$3K$91K5.5xas long as short
SunX PENGU-USDT+2.455%+0.0100%4h$3K$2.0M10xas long as short