data as of
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Price arb /

PENGU

all PENGU markets
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Spread before costs (cost unknown: a leg has no order-book sample)+0.622%
7d average−0.021%if it closes, per $10,000$62funding while held, a day+$2.70
Long on GateShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PENGU_USDT0.0087880.0010pay 0.0005% / 4h3h 32m$3.9M$11.6M75x
ShortVariational Omni PENGU0.0088430.0100get 0.0050% / 4h3h 32m$706K$368K—

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
$62.23
Funding while held
$2.7
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$49.93
Spread needed to break even
0.150%
Slippage unknown: Gate: live order book, 3 min ago; Variational Omni: RFQ quote, 13 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0090%
Per $10,000 a day
+$2.70
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 Gate live order book, 3 min ago4.55 bp14.8 bp −$1570.8 bp −$708doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 13 min ago3.93 bpdoesn't fit25.3 bp −$253doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Gate0.008788cheapest
Bybit0.008795+0.080%OKX0.008795+0.080%SoDEX0.008796+0.091%gTrade (Gains Network)0.008796+0.096%Orderly0.008797+0.102%Extended0.008797+0.107%Nado0.008797+0.108%KuCoin0.008798+0.114%BingX0.008798+0.114%Deribit0.008798+0.114%Binance0.008799+0.125%MEXC0.008799+0.125%Aevo0.008799+0.125%Reya0.008800+0.132%Arcus0.008800+0.137%Bitget0.008801+0.148%GMX0.008802+0.159%Lighter0.008803+0.171%Aster0.008804+0.177%01 Exchange0.008804+0.182%Pacifica0.008807+0.216%Kraken Futures0.008808+0.226%Hyperliquid0.008809+0.239%dYdX0.008809+0.241%HTX0.008815+0.307%Backpack0.008817+0.330%BloFin0.008817+0.330%ApeX Omni0.008827+0.444%
Variational Omni0.008843+0.622%
Coinbase International0.008950+1.843%Injective0.008971+2.082%SunX0.009005+2.469%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate PENGU_USDTlong0.000%+0.0010%4h$3.9M$11.6M75x
Bybit PENGUUSDT+0.080%+0.0100%4h$23.2M$25.5M75xas long as short
OKX PENGU-USDT-SWAP+0.080%+0.0100%4h$7.9M$39.9M50xas long as short
SoDEX PENGU-USD+0.091%+0.0100%1h$995$14K5xas long as short
gTrade (Gains Network) PENGU/USD+0.096%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Orderly PERP_PENGU_USDC+0.102%+0.0097%4h$16K$186K20xas long as short
Extended PENGU-USD+0.107%+0.0104%1h$192K$669K10xas long as short
Nado PENGU-PERP+0.108%+0.0100%1h$642K$629K5xas long as short
KuCoin PENGUUSDTM+0.114%+0.0100%4h$5.1M$7.0M75xas long as short
BingX PENGU-USDT+0.114%+0.0100%4h—$4.1M—as long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit PENGU_USDC-PERPETUAL+0.114%−0.0204%1h$20K$7K10xas long as short
Binance PENGUUSDT+0.125%+0.0100%4h$37.8M$124.1M75xas long as short
MEXC PENGU_USDT+0.125%+0.0100%4h$11.8M$10.7M125xas long as short
Aevo PENGU-PERP+0.125%+0.0104%1h$203K$17K3xas long as short
Reya PENGURUSDPERP+0.132%+0.0235%1h$297—10xas long as short
Arcus PENGU-USD+0.137%+0.0100%1h$19K$25K5xas long as short
Bitget PENGUUSDT+0.148%+0.0100%4h$8.6M$9.2M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.159%L +0.0497% / S −0.0660%1h$111K—100xas long as short
Lighter PENGU+0.171%+0.0096%1h$314K$470K8xas long as short
Aster PENGUUSDT+0.177%+0.0100%4h$182K$338K20xas long as short
01 Exchange PENGUUSD+0.182%+0.0248%1h$170$285xas long as short
Pacifica PENGU+0.216%+0.0100%1h$206K$129K5xas long as short
Kraken Futures PF_PENGUUSD+0.226%+0.0120%1h$368K$857K50xas long as short
Hyperliquid PENGU+0.239%+0.0697%1h$9.8M$9.3M5xas long as short
dYdX PENGU-USD+0.241%+0.4841%1h$12K$2K5xas long as short
HTX PENGU-USDT+0.307%+0.0100%4h$96K$210K25xas long as short
Backpack PENGU_USDC_PERP+0.330%+0.0100%1h$309K$306K10xas long as short
BloFin PENGU-USDT+0.330%+0.0340%4h$1.6M$1.5M75xas long as short
ApeX Omni PENGUUSDT+0.444%+0.0100%1h$81K$252K50xas long as short
Variational Omni PENGUshort+0.622%+0.0100%4h$706K$368K—
Coinbase International PENGU-PERP-INTX+1.843%+0.2912%1h$95K$133K50xas long as short
Injective PENGU/USDC PERP+2.082%+0.5000%1h$3K$91K5.5xas long as short
SunX PENGU-USDT+2.469%+0.0100%4h$3K$2.0M10xas long as short