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−$292
spread now−1.024%7d average−0.655%fees + slippage, in and out−$255spread needed2.552%
Long on Coinbase InternationalShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PENGU-PERP-INTX0.0089280.2920pay 0.0365% / 1h22m 05s$94K$129K50x
ShortKraken Futures PF_PENGUUSD0.008837−0.0073pay 0.0009% / 1h22m 05s$307K$991K50x

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
−$102.41
Funding while held
−$89.78
Slippage, 4 orders
−$235.22
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$447.41
Spread needed to break even
2.552%
Slippage from Coinbase International: live order book, 12 min ago; Kraken Futures: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
−0.2993%
Per $10,000 a day
−$89.78
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 Coinbase International live order book, 12 min ago104.42 bp110.2 bp −$110doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 13 min ago6.87 bp18.1 bp −$1836.0 bp −$360doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
ApeX Omni0.008734cheapestVariational Omni0.008777+0.491%Injective0.008792+0.664%Nado0.008801+0.773%BloFin0.008807+0.836%Bybit0.008811+0.882%OKX0.008814+0.916%Binance0.008815+0.931%Gate0.008818+0.962%Bitget0.008820+0.985%GMX0.008821+0.996%Aevo0.008821+0.996%Deribit0.008821+0.996%Extended0.008822+1.004%Orderly0.008822+1.008%gTrade (Gains Network)0.008824+1.026%Reya0.008825+1.041%MEXC0.008826+1.053%BingX0.008826+1.053%Backpack0.008826+1.053%Aster0.008827+1.070%KuCoin0.008828+1.076%Arcus0.008830+1.099%SoDEX0.008831+1.111%dYdX0.008834+1.146%Lighter0.008835+1.156%
Kraken Futures0.008837+1.174%
Pacifica0.008838+1.191%01 Exchange0.008838+1.191%Hyperliquid0.008840+1.214%HTX0.008857+1.408%
Coinbase International0.008928+2.221%
SunX0.009031+3.401%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni PENGUUSDT−2.173%+0.0100%1h$80K$251K50xas long as short
Variational Omni PENGU−1.692%+0.0100%4h$782K$526K—as long as short
Injective PENGU/USDC PERP−1.523%+0.0033%1h$3K$24K5.5xas long as short
Nado PENGU-PERP−1.417%+0.0100%1h$645K$686K5xas long as short
BloFin PENGU-USDT−1.355%+0.0340%4h$1.5M$1.6M75xas long as short
Bybit PENGUUSDT−1.310%+0.0100%4h$22.8M$28.1M75xas long as short
OKX PENGU-USDT-SWAP−1.277%+0.0100%4h$8.2M$41.9M50xas long as short
Binance PENGUUSDT−1.262%+0.0100%4h$37.5M$130.9M75xas long as short
Gate PENGU_USDT−1.232%−0.0088%4h$3.6M$13.0M75xas long as short
Bitget PENGUUSDT−1.210%+0.0100%4h$8.5M$9.9M75xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX PENGU/USD [WBTC.b-USDC]−1.198%L +0.0508% / S −0.0698%1h$113K—100xas long as short
Aevo PENGU-PERP−1.198%+0.0104%1h$204K$17K3xas long as short
Deribit PENGU_USDC-PERPETUAL−1.198%0.0000%1h$20K$7K10xas long as short
Extended PENGU-USD−1.191%+0.0104%1h$182K$678K10xas long as short
Orderly PERP_PENGU_USDC−1.187%+0.0096%4h$22K$187K20xas long as short
gTrade (Gains Network) PENGU/USD−1.169%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Reya PENGURUSDPERP−1.154%+0.0236%1h$298—10xas long as short
MEXC PENGU_USDT−1.142%+0.0100%4h$11.6M$10.8M125xas long as short
BingX PENGU-USDT−1.142%+0.0100%4h—$3.9M—as long as short
Backpack PENGU_USDC_PERP−1.142%+0.0100%1h$313K$306K10xas long as short
Aster PENGUUSDT−1.126%+0.0100%4h$185K$369K20xas long as short
KuCoin PENGUUSDTM−1.120%+0.0100%4h$5.2M$7.3M75xas long as short
Arcus PENGU-USD−1.098%+0.0100%1h$19K$24K5xas long as short
SoDEX PENGU-USD−1.086%+0.0100%1h$997$14K5xas long as short
dYdX PENGU-USD−1.051%0.0000%1h$12K$5K5xas long as short
Lighter PENGU−1.042%+0.0096%1h$318K$494K8xas long as short
Kraken Futures PF_PENGUUSDshort−1.024%−0.0073%1h$307K$991K50x
Pacifica PENGU−1.008%+0.0100%1h$209K$133K5xas long as short
01 Exchange PENGUUSD−1.008%+0.0184%1h$202$595xas long as short
Hyperliquid PENGU−0.986%+0.0100%1h$9.9M$12.1M5xas long as short
HTX PENGU-USDT−0.795%+0.0100%4h$98K$235K25xas long as short
Coinbase International PENGU-PERP-INTXlong0.000%+0.2920%1h$94K$129K50x
SunX PENGU-USDT+1.154%+0.0100%4h$3K$2.0M10xas long as short