After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.061%7d average+0.050%fees + slippage, in and out−$57spread needed0.570%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PENGUUSDT | 0.008209 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $20.1M | $19.8M | 75x |
| Short | Gate PENGU_USDT | 0.008214 | 0.0100 | get 0.0050% / 4h | 1h 52m | $3.3M | $7.2M | 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
- $6.09
- Funding while held
- $0
- Slippage, 4 orders
- −$31.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.93
- Spread needed to break even
- 0.570%
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 0.61 bp | 13.9 bp −$14 | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.64 bp | 15.0 bp −$15 | 48.7 bp −$487 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.081% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| BloFin PENGU-USDT | −0.353% | +0.0340% | 4h | $1.4M | $780K | 75x | as long as short |
| Arcus PENGU-USD | −0.110% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Pacifica PENGU | −0.097% | +0.0100% | 1h | $191K | $121K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.090% | +0.0234% | 1h | $277 | — | 10x | as long as short |
| dYdX PENGU-USD | −0.069% | +0.2119% | 1h | $10K | $998 | 5x | as long as short |
| Aster PENGUUSDT | −0.049% | +0.0100% | 4h | $167K | $306K | 20x | as long as short |
| Nado PENGU-PERP | −0.043% | +0.0100% | 1h | $204K | $266K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.024% | L +0.0384% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.011% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDTlong | 0.000% | +0.0100% | 4h | $20.1M | $19.8M | 75x | |
| OKX PENGU-USDT-SWAP | 0.000% | +0.0100% | 4h | $6.9M | $30.1M | 50x | as long as short |
| Hyperliquid PENGU | +0.024% | +0.0100% | 1h | $8.1M | $5.9M | 5x | as long as short |
| Backpack PENGU_USDC_PERP | +0.037% | −0.0099% | 1h | $283K | $255K | 10x | as long as short |
| BingX PENGU-USDT | +0.049% | +0.0100% | 4h | — | $3.6M | — | as long as short |
| Gate PENGU_USDTshort | +0.061% | +0.0100% | 4h | $3.3M | $7.2M | 75x | |
| MEXC PENGU_USDT | +0.061% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| Binance PENGUUSDT | +0.094% | +0.0100% | 4h | $34.8M | $94.5M | 75x | as long as short |
| Bitget PENGUUSDT | +0.110% | +0.0100% | 4h | $8.1M | $7.3M | 75x | as long as short |
| SoDEX PENGU-USD | +0.110% | +0.0100% | 1h | $919 | $14K | 5x | as long as short |
| Extended PENGU-USD | +0.110% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | +0.122% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Aevo PENGU-PERP | +0.122% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| HTX PENGU-USDT | +0.122% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| Lighter PENGU | +0.134% | +0.0096% | 1h | $315K | $383K | 8x | as long as short |
| KuCoin PENGUUSDTM | +0.146% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.146% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.215% | +0.0659% | 1h | $345K | $782K | 50x | as long as short |
| ApeX Omni PENGUUSDT | +0.512% | +0.0100% | 1h | $71K | $251K | 50x | as long as short |
| Variational Omni PENGU | +0.696% | +0.0100% | 4h | $664K | $285K | — | as long as short |
| Coinbase International PENGU-PERP-INTX | +2.059% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.558% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |
Bybit PENGUUSDT
Gate PENGU_USDT
Injective
BloFin
Pacifica
Aster
GMX
gTrade (Gains Network)
OKX
Hyperliquid
Backpack
BingX
MEXC
Binance
Bitget
SoDEX
Extended
HTX
Lighter
KuCoin
Deribit
Kraken Futures
ApeX Omni
Variational Omni
Coinbase International
SunX