After costs, if the gap returns to its 7d average, $10k−$267
spread now−1.003%7d average−0.785%fees + slippage, in and out−$246spread needed2.455%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PENGU-PERP-INTX | 0.008600 | 0.2088 | pay 0.0261% / 1h | 2m 28s | $83K | $188K | 50x |
| Short | Extended PENGU-USD | 0.008514 | 0.0104 | get 0.0013% / 1h | 2m 28s | $163K | $638K | 10x |
Coinbase International PENGU-PERP-INTX
Extended PENGU-USDPrice 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
- −$100.3
- Funding while held
- −$59.52
- Slippage, 4 orders
- −$230.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$405.35
- Spread needed to break even
- 2.455%
Slippage from Coinbase International: live order book, 52 min ago; Extended: live order book, 52 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1984%
- Per $10,000 a day
- −$59.52
- 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 Coinbase International live order book, 52 min ago | 89.15 bp | 109.3 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 52 min ago | 1.83 bp | 11.3 bp −$11 | 52.9 bp −$529 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
Deribit0.008488+7.798%Orderly0.008490+7.823%Backpack0.008491+7.836%Aevo0.008493+7.861%gTrade (Gains Network)0.008494+7.872%GMX0.008494+7.874%SoDEX0.008494+7.874%BloFin0.008498+7.925%Variational Omni0.008501+7.962%Kraken Futures0.008501+7.966%HTX0.008507+8.039%Aster0.008509+8.062%
Injective
Deribit
Orderly
Backpack
Aevo
gTrade (Gains Network)
GMX
SoDEX
BloFin
Variational Omni
Kraken Futures
HTX
AsterExtended0.008514+8.125%
BingX0.008514+8.128%MEXC0.008515+8.141%Pacifica0.008519+8.192%Gate0.008519+8.192%01 Exchange0.008520+8.204%Lighter0.008523+8.242%dYdX0.008524+8.252%Binance0.008526+8.277%Bybit0.008526+8.280%KuCoin0.008526+8.280%Arcus0.008530+8.331%ApeX Omni0.008530+8.331%OKX0.008531+8.344%Reya0.008533+8.367%Nado0.008533+8.369%Hyperliquid0.008540+8.458%Bitget0.008541+8.471%
BingX
MEXC
Pacifica
Gate
Lighter
dYdX
Binance
Bybit
KuCoin
Arcus
ApeX Omni
OKX
Reya
Nado
Hyperliquid
BitgetCoinbase International0.008600+9.220%
SunX0.008698+10.465%
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −8.442% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −1.302% | −0.0221% | 1h | $21K | $4K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −1.279% | +0.0096% | 4h | $16K | $175K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | −1.267% | +0.0100% | 1h | $293K | $257K | 10x | as long as short |
| Aevo PENGU-PERP | −1.244% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |
| gTrade (Gains Network) PENGU/USD | −1.234% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −1.233% | L +0.0386% / S −0.0364% | 1h | $84K | — | 100x | as long as short |
| SoDEX PENGU-USD | −1.233% | +0.0100% | 1h | $957 | $14K | 5x | as long as short |
| BloFin PENGU-USDT | −1.186% | +0.0340% | 4h | $1.5M | $854K | 75x | as long as short |
| Variational Omni PENGU | −1.152% | +0.0100% | 4h | $684K | $284K | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PENGUUSD | −1.148% | +0.0638% | 1h | $365K | $764K | 50x | as long as short |
| HTX PENGU-USDT | −1.081% | +0.0100% | 4h | $95K | $181K | 25x | as long as short |
| Aster PENGUUSDT | −1.060% | +0.0100% | 4h | $170K | $314K | 20x | as long as short |
| Extended PENGU-USDshort | −1.003% | +0.0104% | 1h | $163K | $638K | 10x | |
| BingX PENGU-USDT | −1.000% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| MEXC PENGU_USDT | −0.988% | +0.0100% | 4h | $11.8M | $8.9M | 125x | as long as short |
| Pacifica PENGU | −0.942% | +0.0100% | 1h | $199K | $122K | 5x | as long as short |
| Gate PENGU_USDT | −0.942% | +0.0100% | 4h | $3.7M | $8.0M | 75x | as long as short |
| 01 Exchange PENGUUSD | −0.930% | −0.0064% | 1h | $164 | $28 | 5x | as long as short |
| Lighter PENGU | −0.895% | +0.0096% | 1h | $298K | $439K | 8x | as long as short |
| dYdX PENGU-USD | −0.886% | +0.0506% | 1h | $10K | $998 | 5x | as long as short |
| Binance PENGUUSDT | −0.864% | +0.0100% | 4h | $36.8M | $99.3M | 75x | as long as short |
| Bybit PENGUUSDT | −0.860% | +0.0100% | 4h | $21.1M | $20.3M | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.860% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
| Arcus PENGU-USD | −0.814% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| ApeX Omni PENGUUSDT | −0.814% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| OKX PENGU-USDT-SWAP | −0.802% | +0.0100% | 4h | $7.2M | $31.9M | 50x | as long as short |
| Reya PENGURUSDPERP | −0.781% | +0.0235% | 1h | $288 | — | 10x | as long as short |
| Nado PENGU-PERP | −0.779% | +0.0100% | 1h | $220K | $278K | 5x | as long as short |
| Hyperliquid PENGU | −0.698% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| Bitget PENGUUSDT | −0.686% | +0.0100% | 4h | $8.4M | $7.5M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTXlong | 0.000% | +0.2088% | 1h | $83K | $188K | 50x | |
| SunX PENGU-USDT | +1.140% | +0.0100% | 4h | $2K | $1.6M | 10x | as long as short |