After costs, if the gap returns to its 7d average, $10k−$214
spread now−0.047%7d average−0.311%fees + slippage, in and out−$240spread needed2.404%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PENGU-USDT | 0.008456 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $94K | $180K | 25x |
| Short | Backpack PENGU_USDC_PERP | 0.008452 | 0.0100 | get 0.0013% / 1h | 8m 54s | $291K | $256K | 10x |
HTX PENGU-USDT
Backpack PENGU_USDC_PERPPrice 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
- −$4.73
- Funding while held
- $0
- Slippage, 4 orders
- −$218.37
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$245.1
- Spread needed to break even
- 2.404%
Slippage from HTX: live order book, 11 min ago; Backpack: live order book, 46 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 HTX live order book, 11 min ago | 7.78 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 46 min ago | 0.61 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
Variational Omni0.008396+6.626%ApeX Omni0.008408+6.782%dYdX0.008425+6.995%Pacifica0.008433+7.099%Arcus0.008440+7.188%Aevo0.008442+7.214%BloFin0.008443+7.226%Orderly0.008444+7.239%Nado0.008444+7.242%Deribit0.008445+7.252%SoDEX0.008446+7.264%gTrade (Gains Network)0.008447+7.281%GMX0.008449+7.303%Lighter0.008450+7.315%Coinbase International0.008450+7.315%Reya0.008451+7.322%
Injective
Variational Omni
ApeX Omni
dYdX
Pacifica
Arcus
Aevo
BloFin
Orderly
Nado
Deribit
SoDEX
gTrade (Gains Network)
GMX
Lighter
Coinbase International
ReyaBackpack0.008452+7.341%
Kraken Futures0.008453+7.357%
Kraken FuturesHTX0.008456+7.391%
BingX0.008458+7.417%Hyperliquid0.008459+7.430%Extended0.008460+7.445%Bybit0.008461+7.455%Aster0.008461+7.456%MEXC0.008462+7.468%KuCoin0.008462+7.468%Bitget0.008463+7.480%Gate0.008465+7.506%Binance0.008466+7.524%OKX0.008472+7.595%SunX0.008636+9.677%
BingX
Hyperliquid
Extended
Bybit
Aster
MEXC
KuCoin
Bitget
Gate
Binance
OKX
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −6.883% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.713% | +0.0100% | 4h | $676K | $287K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.568% | +0.0100% | 1h | $72K | $251K | 50x | as long as short |
| dYdX PENGU-USD | −0.369% | +0.0577% | 1h | $10K | $998 | 5x | as long as short |
| Pacifica PENGU | −0.272% | +0.0100% | 1h | $197K | $122K | 5x | as long as short |
| Arcus PENGU-USD | −0.189% | +0.0100% | 1h | $4K | $8K | 5x | as long as short |
| Aevo PENGU-PERP | −0.166% | +0.0104% | 1h | $195K | $17K | 3x | as long as short |
| BloFin PENGU-USDT | −0.154% | +0.0340% | 4h | $1.5M | $834K | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.142% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Nado PENGU-PERP | −0.139% | +0.0100% | 1h | $215K | $273K | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.130% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| SoDEX PENGU-USD | −0.118% | +0.0100% | 1h | $949 | $14K | 5x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.103% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.083% | L +0.0384% / S −0.0362% | 1h | $83K | — | 100x | as long as short |
| Lighter PENGU | −0.071% | +0.0096% | 1h | $325K | $396K | 8x | as long as short |
| Coinbase International PENGU-PERP-INTX | −0.071% | +0.2088% | 1h | $82K | $185K | 50x | as long as short |
| Reya PENGURUSDPERP | −0.064% | +0.0235% | 1h | $285 | — | 10x | as long as short |
| Backpack PENGU_USDC_PERPshort | −0.047% | +0.0100% | 1h | $291K | $256K | 10x | |
| Kraken Futures PF_PENGUUSD | −0.032% | +0.0641% | 1h | $363K | $762K | 50x | as long as short |
| HTX PENGU-USDTlong | 0.000% | +0.0100% | 4h | $94K | $180K | 25x | |
| BingX PENGU-USDC | +0.024% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Hyperliquid PENGU | +0.035% | +0.0100% | 1h | $8.2M | $6.2M | 5x | as long as short |
| Extended PENGU-USD | +0.050% | +0.0104% | 1h | $162K | $638K | 10x | as long as short |
| Bybit PENGUUSDT | +0.059% | +0.0100% | 4h | $20.9M | $20.1M | 75x | as long as short |
| Aster PENGUUSDT | +0.060% | +0.0100% | 4h | $168K | $314K | 20x | as long as short |
| MEXC PENGU_USDT | +0.071% | +0.0100% | 4h | $11.5M | $8.8M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.071% | +0.0100% | 4h | $4.7M | $6.4M | 75x | as long as short |
| Bitget PENGUUSDT | +0.083% | +0.0100% | 4h | $8.4M | $7.4M | 75x | as long as short |
| Gate PENGU_USDT | +0.106% | +0.0100% | 4h | $3.6M | $7.8M | 75x | as long as short |
| Binance PENGUUSDT | +0.123% | +0.0100% | 4h | $36.2M | $97.3M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.189% | +0.0100% | 4h | $7.2M | $31.4M | 50x | as long as short |
| SunX PENGU-USDT | +2.129% | +0.0100% | 4h | $2K | $1.6M | 10x | as long as short |