After costs, if the gap returns to its 7d average, $10k−$104
spread now−0.436%7d average+0.045%fees + slippage, in and out−$56spread needed0.556%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENGU_USDT | 0.008715 | −0.0096 | get 0.0048% / 4h | 1h 40m | $3.6M | $12.9M | 75x |
| Short | ApeX Omni PENGUUSDT | 0.008677 | 0.0100 | get 0.0013% / 1h | 40m 45s | $79K | $252K | 50x |
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
- −$43.6
- Funding while held
- $5.88
- Slippage, 4 orders
- −$30.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$93.31
- Spread needed to break even
- 0.556%
Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 57 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0196%
- Per $10,000 a day
- +$5.88
- 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 Gate live order book, 4 min ago | 2.89 bp | 14.8 bp −$15 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 57 min ago | 4.05 bp | 11.4 bp −$11 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDTshort | −0.436% | +0.0100% | 1h | $79K | $252K | 50x | |
| Variational Omni PENGU | −0.414% | +0.0100% | 4h | $775K | $525K | — | as long as short |
| Aevo PENGU-PERP | −0.310% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.298% | L +0.0503% / S −0.0698% | 1h | $112K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.287% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| SoDEX PENGU-USD | −0.275% | +0.0100% | 1h | $980 | $14K | 5x | as long as short |
| Orderly PERP_PENGU_USDC | −0.264% | +0.0096% | 4h | $21K | $187K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.264% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Reya PENGURUSDPERP | −0.252% | +0.0236% | 1h | $294 | — | 10x | as long as short |
| Nado PENGU-PERP | −0.241% | +0.0100% | 1h | $633K | $683K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.241% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.229% | +0.0100% | 1h | $307K | $305K | 10x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.183% | −0.0074% | 1h | $307K | $981K | 50x | as long as short |
| 01 Exchange PENGUUSD | −0.172% | +0.0176% | 1h | $168 | $28 | 5x | as long as short |
| MEXC PENGU_USDT | −0.138% | +0.0100% | 4h | $11.3M | $10.7M | 125x | as long as short |
| Aster PENGUUSDT | −0.133% | +0.0100% | 4h | $206K | $366K | 20x | as long as short |
| KuCoin PENGUUSDTM | −0.126% | +0.0100% | 4h | $5.2M | $7.2M | 75x | as long as short |
| HTX PENGU-USDT | −0.103% | +0.0100% | 4h | $97K | $234K | 25x | as long as short |
| Bybit PENGUUSDT | −0.092% | +0.0100% | 4h | $22.2M | $27.5M | 75x | as long as short |
| dYdX PENGU-USD | −0.075% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Hyperliquid PENGU | −0.046% | +0.0100% | 1h | $9.6M | $12.0M | 5x | as long as short |
| Pacifica PENGU | −0.011% | +0.0100% | 1h | $206K | $133K | 5x | as long as short |
| Binance PENGUUSDT | 0.000% | +0.0100% | 4h | $36.8M | $129.6M | 75x | as long as short |
| Gate PENGU_USDTlong | 0.000% | −0.0096% | 4h | $3.6M | $12.9M | 75x | |
| BingX PENGU-USDT | 0.000% | +0.0100% | 4h | — | $3.9M | — | as long as short |
| OKX PENGU-USDT-SWAP | +0.011% | +0.0100% | 4h | $8.0M | $40.9M | 50x | as long as short |
| Extended PENGU-USD | +0.022% | +0.0104% | 1h | $179K | $678K | 10x | as long as short |
| Lighter PENGU | +0.023% | +0.0096% | 1h | $314K | $493K | 8x | as long as short |
| Arcus PENGU-USD | +0.057% | +0.0100% | 1h | $19K | $23K | 5x | as long as short |
| Bitget PENGUUSDT | +0.069% | +0.0100% | 4h | $8.5M | $9.8M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.528% | +0.2920% | 1h | $92K | $126K | 50x | as long as short |
| Injective PENGU/USDC PERP | +0.884% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| SunX PENGU-USDT | +2.088% | +0.0100% | 4h | $2K | $2.0M | 10x | as long as short |
Gate PENGU_USDT
ApeX Omni PENGUUSDT
Variational Omni
GMX
gTrade (Gains Network)
SoDEX
Deribit
BloFin
Backpack
Kraken Futures
MEXC
Aster
KuCoin
HTX
Bybit
Hyperliquid
Pacifica
Binance
BingX
OKX
Extended
Lighter
Bitget
Coinbase International
Injective
SunX