After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.139%7d average−0.001%fees + slippage, in and out−$50spread needed0.502%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PENGU | 0.009025 | 0.1165 | pay 0.0146% / 1h | 59m 34s | $10.9M | $12.9M | 5x |
| Short | Aster PENGUUSDT | 0.009012 | 0.0100 | get 0.0050% / 4h | 59m 34s | $181K | $391K | 20x |
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
- −$13.85
- Funding while held
- −$31.95
- Slippage, 4 orders
- −$33.22
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$96.02
- Spread needed to break even
- 0.502%
Slippage from Hyperliquid: live order book, 5 min ago; Aster: live order book, 34 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1065%
- Per $10,000 a day
- −$31.95
- 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, 5 min ago | 1.66 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 34 min ago | 4.59 bp | 10.3 bp −$10 | 37.9 bp −$379 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −2.582% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| BingX PENGU-USDC | −0.332% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Extended PENGU-USD | −0.301% | +0.0104% | 1h | $186K | $679K | 10x | as long as short |
| Arcus PENGU-USD | −0.277% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.233% | +0.0100% | 4h | $8.2M | $45.0M | 50x | as long as short |
| Bitget PENGUUSDT | −0.188% | +0.0100% | 4h | $8.7M | $10.8M | 75x | as long as short |
| Gate PENGU_USDT | −0.166% | −0.0054% | 4h | $3.7M | $13.8M | 75x | as long as short |
| MEXC PENGU_USDT | −0.166% | +0.0100% | 4h | $12.7M | $11.3M | 125x | as long as short |
| KuCoin PENGUUSDTM | −0.166% | +0.0100% | 4h | $5.1M | $7.6M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.155% | +0.0100% | 1h | $319K | $308K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.144% | +0.0100% | 4h | $24.3M | $30.6M | 75x | as long as short |
| Aster PENGUUSDTshort | −0.139% | +0.0100% | 4h | $181K | $391K | 20x | |
| Binance PENGUUSDT | −0.133% | +0.0100% | 4h | $38.6M | $138.1M | 75x | as long as short |
| Aevo PENGU-PERP | −0.111% | +0.0104% | 1h | $208K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.111% | −0.0083% | 1h | $20K | $7K | 10x | as long as short |
| SoDEX PENGU-USD | −0.100% | +0.0100% | 1h | $1K | $14K | 5x | as long as short |
| Pacifica PENGU | −0.078% | +0.0100% | 1h | $197K | $161K | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.066% | L +0.0514% / S −0.0698% | 1h | $116K | — | 100x | as long as short |
| Reya PENGURUSDPERP | −0.065% | +0.0236% | 1h | $305 | — | 10x | as long as short |
| Nado PENGU-PERP | −0.061% | +0.0100% | 1h | $696K | $718K | 5x | as long as short |
| Orderly PERP_PENGU_USDC | −0.055% | +0.0100% | 4h | $22K | $187K | 20x | as long as short |
| dYdX PENGU-USD | −0.049% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.040% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Hyperliquid PENGUlong | 0.000% | +0.1165% | 1h | $10.9M | $12.9M | 5x | |
| Lighter PENGU | +0.044% | +0.0096% | 1h | $347K | $547K | 8x | as long as short |
| BloFin PENGU-USDT | +0.089% | −0.0045% | 4h | $1.6M | $2.1M | 75x | as long as short |
| 01 Exchange PENGUUSD | +0.100% | +0.0232% | 1h | $207 | $59 | 5x | as long as short |
| Variational Omni PENGU | +0.108% | +0.0100% | 4h | $808K | $542K | — | as long as short |
| HTX PENGU-USDT | +0.155% | +0.0100% | 4h | $99K | $244K | 25x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.222% | −0.0071% | 1h | $663K | $1.5M | 50x | as long as short |
| ApeX Omni PENGUUSDT | +0.720% | +0.0100% | 1h | $86K | $254K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.906% | +0.2920% | 1h | $97K | $133K | 50x | as long as short |
| SunX PENGU-USDT | +2.271% | +0.0100% | 4h | $2K | $2.0M | 10x | as long as short |
Hyperliquid PENGU
Aster PENGUUSDT
Injective
BingX
Extended
OKX
Bitget
Gate
MEXC
KuCoin
Backpack
Bybit
Binance
Deribit
SoDEX
Pacifica
GMX
gTrade (Gains Network)
Lighter
BloFin
Variational Omni
HTX
Kraken Futures
ApeX Omni
Coinbase International
SunX