After costs, if the gap returns to its 7d average, $10k−$125
spread now+0.359%7d average+0.251%fees + slippage, in and out−$136spread needed1.362%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PENGU | 0.008628 | 0.0100 | pay 0.0013% / 1h | 33m 16s | $9.5M | $11.6M | 5x |
| Short | HTX PENGU-USDT | 0.008659 | 0.0100 | get 0.0050% / 4h | 2h 33m | $100K | $210K | 25x |
Hyperliquid PENGU
HTX PENGU-USDTPrice 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
- $35.93
- Funding while held
- $0
- Slippage, 4 orders
- −$115.23
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$100.3
- Spread needed to break even
- 1.362%
Slippage from Hyperliquid: live order book, 11 min ago; HTX: live order book, 37 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, 11 min ago | 0.58 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 37 min ago | 14.96 bp | 99.0 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.008610cheapestBybit0.008611+0.010%Gate0.008614+0.045%BingX0.008616+0.068%Extended0.008616+0.073%OKX0.008617+0.080%Backpack0.008617+0.080%Aevo0.008617+0.080%MEXC0.008618+0.091%SoDEX0.008618+0.091%GMX0.008619+0.103%Orderly0.008619+0.103%Deribit0.008619+0.103%Binance0.008620+0.112%Arcus0.008620+0.114%gTrade (Gains Network)0.008620+0.114%KuCoin0.008622+0.138%Reya0.008623+0.150%Bitget0.008624+0.161%Pacifica0.008626+0.184%Nado0.008628+0.207%
Variational Omni
Bybit
Gate
BingX
Extended
OKX
Backpack
Aevo
MEXC
SoDEX
GMX
Orderly
Deribit
Binance
Arcus
gTrade (Gains Network)
KuCoin
Reya
Bitget
Pacifica
NadoHyperliquid0.008628+0.207%
01 Exchange0.008628+0.207%dYdX0.008628+0.210%Aster0.008629+0.213%Kraken Futures0.008629+0.219%Lighter0.008630+0.231%BloFin0.008651+0.474%ApeX Omni0.008655+0.521%
dYdX
Aster
Kraken Futures
Lighter
BloFin
ApeX OmniHTX0.008659+0.567%
Injective0.008792+2.112%Coinbase International0.008808+2.298%SunX0.008825+2.495%
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.207% | +0.0100% | 4h | $763K | $519K | — | as long as short |
| Bybit PENGUUSDT | −0.197% | +0.0100% | 4h | $21.9M | $26.9M | 75x | as long as short |
| Gate PENGU_USDT | −0.162% | −0.0106% | 4h | $3.6M | $12.8M | 75x | as long as short |
| BingX PENGU-USDT | −0.139% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Extended PENGU-USD | −0.134% | +0.0104% | 1h | $177K | $676K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.127% | +0.0100% | 4h | $7.7M | $39.6M | 50x | as long as short |
| Backpack PENGU_USDC_PERP | −0.127% | +0.0100% | 1h | $305K | $308K | 10x | as long as short |
| Aevo PENGU-PERP | −0.127% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| MEXC PENGU_USDT | −0.116% | +0.0100% | 4h | $11.4M | $10.8M | 125x | as long as short |
| SoDEX PENGU-USD | −0.116% | +0.0100% | 1h | $968 | $14K | 5x | as long as short |