data as of
Settings8H · net · $10k
Price arb /

PENGU

all PENGU markets
SwapFunding view
Alert
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%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PENGU0.0090250.1165pay 0.0146% / 1h59m 34s$10.9M$12.9M5x
ShortAster PENGUUSDT0.0090120.0100get 0.0050% / 4h59m 34s$181K$391K20x

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago1.66 bp22.7 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 34 min ago4.59 bp10.3 bp −$1037.9 bp −$379doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENGU/USDC PERP−2.582%+0.0033%1h$3K$24K5.5xas long as short
BingX PENGU-USDC−0.332%+0.0100%4h$2.3Mas long as short
Extended PENGU-USD−0.301%+0.0104%1h$186K$679K10xas long as short
Arcus PENGU-USD−0.277%+0.0100%1h$20K$24K5xas long as short
OKX PENGU-USDT-SWAP−0.233%+0.0100%4h$8.2M$45.0M50xas long as short
Bitget PENGUUSDT−0.188%+0.0100%4h$8.7M$10.8M75xas long as short
Gate PENGU_USDT−0.166%−0.0054%4h$3.7M$13.8M75xas long as short
MEXC PENGU_USDT−0.166%+0.0100%4h$12.7M$11.3M125xas long as short
KuCoin PENGUUSDTM−0.166%+0.0100%4h$5.1M$7.6M75xas long as short
Backpack PENGU_USDC_PERP−0.155%+0.0100%1h$319K$308K10xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PENGUUSDT−0.144%+0.0100%4h$24.3M$30.6M75xas long as short
Aster PENGUUSDTshort−0.139%+0.0100%4h$181K$391K20x
Binance PENGUUSDT−0.133%+0.0100%4h$38.6M$138.1M75xas long as short
Aevo PENGU-PERP−0.111%+0.0104%1h$208K$17K3xas long as short
Deribit PENGU_USDC-PERPETUAL−0.111%−0.0083%1h$20K$7K10xas long as short
SoDEX PENGU-USD−0.100%+0.0100%1h$1K$14K5xas long as short
Pacifica PENGU−0.078%+0.0100%1h$197K$161K5xas long as short
GMX PENGU/USD [WBTC.b-USDC]−0.066%L +0.0514% / S −0.0698%1h$116K100xas long as short
Reya PENGURUSDPERP−0.065%+0.0236%1h$30510xas long as short
Nado PENGU-PERP−0.061%+0.0100%1h$696K$718K5xas long as short
Orderly PERP_PENGU_USDC−0.055%+0.0100%4h$22K$187K20xas long as short
dYdX PENGU-USD−0.049%0.0000%1h$12K$5K5xas long as short
gTrade (Gains Network) PENGU/USD−0.040%L +0.0007% / S −0.0003%1h$34K150xas long as short
Hyperliquid PENGUlong0.000%+0.1165%1h$10.9M$12.9M5x
Lighter PENGU+0.044%+0.0096%1h$347K$547K8xas long as short
BloFin PENGU-USDT+0.089%−0.0045%4h$1.6M$2.1M75xas long as short
01 Exchange PENGUUSD+0.100%+0.0232%1h$207$595xas long as short
Variational Omni PENGU+0.108%+0.0100%4h$808K$542Kas long as short
HTX PENGU-USDT+0.155%+0.0100%4h$99K$244K25xas long as short
Kraken Futures PF_PENGUUSD+0.222%−0.0071%1h$663K$1.5M50xas long as short
ApeX Omni PENGUUSDT+0.720%+0.0100%1h$86K$254K50xas long as short
Coinbase International PENGU-PERP-INTX+1.906%+0.2920%1h$97K$133K50xas long as short
SunX PENGU-USDT+2.271%+0.0100%4h$2K$2.0M10xas long as short