After costs, if the gap returns to its 7d average, $10k−$8
spread now+0.376%7d average+0.015%fees + slippage, in and out−$44spread needed0.441%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PENGU | 0.008236 | 0.0100 | pay 0.0013% / 1h | 54m 16s | $8.2M | $5.8M | 5x |
| Short | ApeX Omni PENGUUSDT | 0.008267 | 0.0100 | get 0.0013% / 1h | 54m 16s | $71K | $251K | 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
- $37.64
- Funding while held
- $0
- Slippage, 4 orders
- −$25.08
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$6.44
- Spread needed to break even
- 0.441%
Slippage from Hyperliquid: live order book, 10 min ago; ApeX Omni: live order book, 64 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 Hyperliquid live order book, 10 min ago | 1.20 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 5.40 bp | 13.2 bp −$13 | 100.3 bp −$1,003 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.395% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Extended PENGU-USD | −0.291% | +0.0104% | 1h | $159K | $638K | 10x | as long as short |
| Bybit PENGUUSDT | −0.255% | +0.0100% | 4h | $20.1M | $19.8M | 75x | as long as short |
| BingX PENGU-USDC | −0.255% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Aevo PENGU-PERP | −0.255% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| OKX PENGU-USDT-SWAP | −0.243% | +0.0100% | 4h | $6.9M | $30.0M | 50x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.243% | −0.0358% | 1h | $21K | $4K | 10x | as long as short |
| Orderly PERP_PENGU_USDC | −0.231% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| SoDEX PENGU-USD | −0.206% | +0.0100% | 1h | $918 | $14K | 5x | as long as short |
| Binance PENGUUSDT | −0.186% | +0.0100% | 4h | $34.8M | $93.9M | 75x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PENGUUSDT | −0.158% | +0.0100% | 4h | $8.1M | $7.3M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.158% | L +0.0384% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.149% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Reya PENGURUSDPERP | −0.139% | +0.0234% | 1h | $278 | — | 10x | as long as short |
| Gate PENGU_USDT | −0.121% | +0.0100% | 4h | $3.3M | $7.0M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.114% | +0.0659% | 1h | $346K | $774K | 50x | as long as short |
| MEXC PENGU_USDT | −0.097% | +0.0100% | 4h | $11.6M | $8.4M | 125x | as long as short |
| KuCoin PENGUUSDTM | −0.085% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Nado PENGU-PERP | −0.073% | +0.0100% | 1h | $207K | $261K | 5x | as long as short |
| Arcus PENGU-USD | −0.073% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| dYdX PENGU-USD | −0.068% | +0.1091% | 1h | $10K | $998 | 5x | as long as short |
| Pacifica PENGU | −0.012% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| Hyperliquid PENGUlong | 0.000% | +0.0100% | 1h | $8.2M | $5.8M | 5x | |
| Aster PENGUUSDT | +0.005% | +0.0100% | 4h | $167K | $306K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | +0.049% | −0.0076% | 1h | $284K | $255K | 10x | as long as short |
| BloFin PENGU-USDT | +0.061% | +0.0340% | 4h | $1.4M | $783K | 75x | as long as short |
| Lighter PENGU | +0.073% | +0.0096% | 1h | $318K | $380K | 8x | as long as short |
| HTX PENGU-USDT | +0.352% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| Variational Omni PENGU | +0.366% | +0.0100% | 4h | $664K | $285K | — | as long as short |
| ApeX Omni PENGUUSDTshort | +0.376% | +0.0100% | 1h | $71K | $251K | 50x | |
| Coinbase International PENGU-PERP-INTX | +1.724% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.173% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |
Hyperliquid PENGU
ApeX Omni PENGUUSDT
Injective
Extended
Bybit
BingX
OKX
Deribit
SoDEX
Binance
Bitget
GMX
gTrade (Gains Network)
Gate
Kraken Futures
MEXC
KuCoin
Pacifica
Aster
Backpack
BloFin
Lighter
HTX
Variational Omni
Coinbase International
SunX