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.

After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.034%7d average+0.040%fees + slippage, in and out−$42spread needed0.417%
Long on BybitShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PENGUUSDT0.0087200.0100pay 0.0050% / 4h10m 52s$22.0M$22.7M75x
ShortBingX PENGU-USDT0.0087230.0100get 0.0050% / 4h10m 52s—$3.8M—

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
$3.44
Funding while held
$0
Slippage, 4 orders
−$20.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.29
Spread needed to break even
0.417%
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 15 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Bybit live order book, 4 min ago0.57 bp14.0 bp −$1434.9 bp −$349183.0 bp −$18.3Kdoesn't fit
Sell BingX live order book, 15 min ago0.58 bp7.5 bp −$814.8 bp −$14849.1 bp −$4,912287.1 bp −$143.5K

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.008663cheapestApeX Omni0.008692+0.337%Reya0.008711+0.560%Backpack0.008712+0.568%BloFin0.008713+0.580%Aevo0.008714+0.591%SoDEX0.008714+0.591%Deribit0.008714+0.591%Nado0.008715+0.603%01 Exchange0.008715+0.603%Orderly0.008715+0.603%gTrade (Gains Network)0.008716+0.613%Gate0.008716+0.615%Lighter0.008717+0.626%GMX0.008717+0.626%
Bybit0.008720+0.661%
Arcus0.008720+0.661%Extended0.008723+0.694%Hyperliquid0.008723+0.695%MEXC0.008723+0.695%KuCoin0.008723+0.695%
BingX0.008723+0.695%
Aster0.008723+0.697%Binance0.008725+0.718%OKX0.008725+0.718%Bitget0.008726+0.730%Kraken Futures0.008728+0.753%Pacifica0.008730+0.776%dYdX0.008735+0.836%HTX0.008756+1.076%Coinbase International0.008822+1.838%SunX0.008924+3.016%Injective0.009138+5.486%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PENGU−0.656%+0.0100%4h$677K$335K—as long as short
ApeX Omni PENGUUSDT−0.321%+0.0100%1h$75K$251K50xas long as short
Reya PENGURUSDPERP−0.100%+0.0235%1h$294—10xas long as short
Backpack PENGU_USDC_PERP−0.092%−0.0097%1h$305K$282K10xas long as short
BloFin PENGU-USDT−0.080%+0.0340%4h$1.5M$933K75xas long as short
Aevo PENGU-PERP−0.069%+0.0104%1h$201K$17K3xas long as short
SoDEX PENGU-USD−0.069%+0.0100%1h$983$14K5xas long as short
Deribit PENGU_USDC-PERPETUAL−0.069%0.0000%1h$22K$4K10xas long as short
Nado PENGU-PERP−0.057%+0.0100%1h$482K$486K5xas long as short
01 Exchange PENGUUSD−0.057%−0.0080%1h$168$285xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_PENGU_USDC−0.057%+0.0098%4h$21K$179K20xas long as short
gTrade (Gains Network) PENGU/USD−0.047%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Gate PENGU_USDT−0.046%+0.0100%4h$3.8M$10.1M75xas long as short
Lighter PENGU−0.034%+0.0096%1h$303K$450K8xas long as short
GMX PENGU/USD [WBTC.b-USDC]−0.034%L +0.0483% / S −0.0531%1h$112K—100xas long as short
Bybit PENGUUSDTlong0.000%+0.0100%4h$22.0M$22.7M75x
Arcus PENGU-USD0.000%+0.0100%1h$4K$9K5xas long as short
Extended PENGU-USD+0.033%+0.0104%1h$193K$665K10xas long as short
Hyperliquid PENGU+0.034%+0.0100%1h$8.4M$6.7M5xas long as short
MEXC PENGU_USDT+0.034%+0.0100%4h$13.8M$10.0M125xas long as short
KuCoin PENGUUSDTM+0.034%+0.0100%4h$5.0M$6.7M75xas long as short
BingX PENGU-USDTshort+0.034%+0.0100%4h—$3.8M—
Aster PENGUUSDT+0.036%+0.0100%4h$171K$326K20xas long as short
Binance PENGUUSDT+0.057%+0.0100%4h$37.5M$112.4M75xas long as short
OKX PENGU-USDT-SWAP+0.057%+0.0100%4h$7.7M$36.8M50xas long as short
Bitget PENGUUSDT+0.069%+0.0100%4h$8.7M$8.3M75xas long as short
Kraken Futures PF_PENGUUSD+0.092%+0.0521%1h$367K$813K50xas long as short
Pacifica PENGU+0.115%+0.0100%1h$205K$125K5xas long as short
dYdX PENGU-USD+0.174%0.0000%1h$10K$1K5xas long as short
HTX PENGU-USDT+0.413%+0.0100%4h$97K$182K25xas long as short
Coinbase International PENGU-PERP-INTX+1.170%+0.2520%1h$93K$135K50xas long as short
SunX PENGU-USDT+2.339%+0.0100%4h$3K$1.9M10xas long as short
Injective PENGU/USDC PERP+4.794%+0.0033%1h$3K$116K5.5xas long as short