After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.022%7d average−0.088%fees + slippage, in and out−$65spread needed0.650%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENGU_USDT | 0.009022 | −0.0046 | get 0.0023% / 4h | 1h 14m | $3.7M | $13.4M | 75x |
| Short | BingX PENGU-USDC | 0.009020 | 0.0100 | get 0.0050% / 4h | 1h 14m | — | $2.3M | — |
Gate PENGU_USDT
BingX PENGU-USDCPrice 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
- −$2.22
- Funding while held
- $4.38
- Slippage, 4 orders
- −$40
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$62.83
- Spread needed to break even
- 0.650%
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0146%
- Per $10,000 a day
- +$4.38
- 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, 5 min ago | 4.47 bp | 13.4 bp −$13 | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.42 bp | 18.9 bp −$19 | 54.1 bp −$541 | 284.3 bp −$28.4K | 919.9 bp −$460.0K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.008792cheapestApeX Omni0.008939+1.672%Variational Omni0.009007+2.443%Arcus0.009010+2.480%Nado0.009010+2.485%Reya0.009014+2.525%Pacifica0.009014+2.525%01 Exchange0.009014+2.525%SoDEX0.009016+2.548%dYdX0.009017+2.561%Aevo0.009018+2.571%MEXC0.009019+2.582%GMX0.009019+2.582%Aster0.009020+2.590%
Injective
ApeX Omni
Variational Omni
Arcus
Nado
Reya
Pacifica
SoDEX
dYdX
Aevo
MEXC
GMX
AsterBingX0.009020+2.593%
Deribit0.009020+2.593%Orderly0.009021+2.605%gTrade (Gains Network)0.009022+2.612%
Deribit
Orderly
gTrade (Gains Network)Gate0.009022+2.616%
BloFin0.009023+2.627%Lighter0.009025+2.650%Kraken Futures0.009025+2.655%KuCoin0.009031+2.718%Backpack0.009031+2.718%HTX0.009032+2.730%Extended0.009033+2.739%Binance0.009037+2.784%Bybit0.009037+2.787%OKX0.009039+2.809%Bitget0.009041+2.832%Hyperliquid0.009044+2.866%Coinbase International0.009047+2.900%SunX0.009237+5.061%
BloFin
Lighter
Kraken Futures
KuCoin
Backpack
HTX
Extended
Binance
Bybit
OKX
Bitget
Hyperliquid
Coinbase International
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 | −2.549% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.920% | +0.0100% | 1h | $85K | $253K | 50x | as long as short |
| Variational Omni PENGU | −0.168% | +0.0100% | 4h | $800K | $532K | — | as long as short |
| Arcus PENGU-USD | −0.133% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| Nado PENGU-PERP | −0.127% | +0.0100% | 1h | $661K | $694K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.089% | +0.0236% | 1h | $304 | — | 10x | as long as short |
| Pacifica PENGU | −0.089% | +0.0100% | 1h | $213K | $134K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.089% | +0.0192% | 1h | $206 | $59 | 5x | as long as short |
| SoDEX PENGU-USD | −0.067% | +0.0100% | 1h | $1K | $14K | 5x | as long as short |
| dYdX PENGU-USD | −0.053% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PENGU-PERP | −0.044% | +0.0104% | 1h | $208K | $17K | 3x | as long as short |
| MEXC PENGU_USDT | −0.033% | +0.0100% | 4h | $12.6M | $11.2M | 125x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.033% | L +0.0514% / S −0.0698% | 1h | $116K | — | 100x | as long as short |
| Aster PENGUUSDT | −0.025% | +0.0100% | 4h | $189K | $380K | 20x | as long as short |
| BingX PENGU-USDCshort | −0.022% | +0.0100% | 4h | — | $2.3M | — | |
| Deribit PENGU_USDC-PERPETUAL | −0.022% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.011% | +0.0100% | 4h | $22K | $187K | 20x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.004% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Gate PENGU_USDTlong | 0.000% | −0.0046% | 4h | $3.7M | $13.4M | 75x | |
| BloFin PENGU-USDT | +0.011% | +0.0340% | 4h | $1.5M | $1.8M | 75x | as long as short |
| Lighter PENGU | +0.033% | +0.0096% | 1h | $345K | $532K | 8x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.038% | −0.0071% | 1h | $333K | $1.0M | 50x | as long as short |
| KuCoin PENGUUSDTM | +0.100% | +0.0100% | 4h | $5.2M | $7.4M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.100% | +0.0100% | 1h | $319K | $308K | 10x | as long as short |
| HTX PENGU-USDT | +0.111% | +0.0100% | 4h | $99K | $244K | 25x | as long as short |
| Extended PENGU-USD | +0.120% | +0.0104% | 1h | $186K | $678K | 10x | as long as short |
| Binance PENGUUSDT | +0.164% | +0.0100% | 4h | $38.7M | $134.5M | 75x | as long as short |
| Bybit PENGUUSDT | +0.166% | +0.0100% | 4h | $24.2M | $29.6M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.188% | +0.0100% | 4h | $8.4M | $43.9M | 50x | as long as short |
| Bitget PENGUUSDT | +0.211% | +0.0100% | 4h | $8.9M | $10.5M | 75x | as long as short |
| Hyperliquid PENGU | +0.244% | +0.0100% | 1h | $10.7M | $12.7M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.277% | +0.2920% | 1h | $95K | $131K | 50x | as long as short |
| SunX PENGU-USDT | +2.383% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |