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

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.301%7d average−0.086%fees + slippage, in and out−$77spread needed0.765%
Long on Kraken FuturesShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PENGUUSD0.0087990.0120pay 0.0015% / 1h53m 27s$372K$820K50x
ShortBingX PENGU-USDT0.0088250.0100get 0.0050% / 4h3h 53m—$3.9M—

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
$30.09
Funding while held
−$0.6
Slippage, 4 orders
−$56.53
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$47.04
Spread needed to break even
0.765%
Slippage from Kraken Futures: live order book, 56 min ago; BingX: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0020%
Per $10,000 a day
−$0.60
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 Kraken Futures live order book, 56 min ago20.07 bp25.5 bp −$2559.8 bp −$598doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago1.71 bp10.3 bp −$1016.5 bp −$16544.1 bp −$4,410314.1 bp −$157.1K

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
BloFin0.008764cheapestApeX Omni0.008766+0.023%Nado0.008785+0.240%GMX0.008788+0.274%Backpack0.008789+0.285%SoDEX0.008790+0.297%Aevo0.008791+0.308%Orderly0.008792+0.319%gTrade (Gains Network)0.008793+0.329%Deribit0.008793+0.331%Variational Omni0.008798+0.393%
Kraken Futures0.008799+0.394%
HTX0.008811+0.536%KuCoin0.008812+0.548%Aster0.008817+0.602%Lighter0.008823+0.673%Coinbase International0.008823+0.673%
BingX0.008825+0.696%
dYdX0.008826+0.713%Gate0.008828+0.730%Extended0.008828+0.731%Pacifica0.008830+0.753%Arcus0.008830+0.753%MEXC0.008830+0.753%Bybit0.008835+0.810%Bitget0.008836+0.822%OKX0.008838+0.844%01 Exchange0.008842+0.890%Binance0.008842+0.893%Reya0.008848+0.962%Hyperliquid0.008862+1.118%SunX0.009002+2.716%Injective0.009138+4.267%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin PENGU-USDT−0.392%+0.0358%4h$1.5M$1.5M75xas long as short
ApeX Omni PENGUUSDT−0.370%+0.0099%1h$77K$251K50xas long as short
Nado PENGU-PERP−0.154%+0.0100%1h$649K$597K5xas long as short
GMX PENGU/USD [WBTC.b-USDC]−0.120%L +0.0402% / S −0.0380%1h$89K—100xas long as short
Backpack PENGU_USDC_PERP−0.108%+0.0100%1h$308K$282K10xas long as short
SoDEX PENGU-USD−0.097%+0.0100%1h$986$14K5xas long as short
Aevo PENGU-PERP−0.086%+0.0104%1h$203K$17K3xas long as short
Orderly PERP_PENGU_USDC−0.074%+0.0099%4h$22K$179K20xas long as short
gTrade (Gains Network) PENGU/USD−0.064%L +0.0007% / S −0.0003%1h$34K—150xas long as short
Deribit PENGU_USDC-PERPETUAL−0.063%0.0000%1h$21K$6K10xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PENGU−0.001%+0.0100%4h$696K$355K—as long as short
Kraken Futures PF_PENGUUSDlong0.000%+0.0120%1h$372K$820K50x
HTX PENGU-USDT+0.142%+0.0100%4h$98K$198K25xas long as short
KuCoin PENGUUSDTM+0.153%+0.0100%4h$5.1M$6.8M75xas long as short
Aster PENGUUSDT+0.207%+0.0100%4h$178K$368K20xas long as short
Lighter PENGU+0.278%+0.0096%1h$309K$442K8xas long as short
Coinbase International PENGU-PERP-INTX+0.278%+0.2912%1h$93K$136K50xas long as short
BingX PENGU-USDTshort+0.301%+0.0100%4h—$3.9M—
dYdX PENGU-USD+0.318%0.0000%1h$10K$1K5xas long as short
Gate PENGU_USDT+0.335%+0.0100%4h$3.9M$10.5M75xas long as short
Extended PENGU-USD+0.336%+0.0104%1h$191K$668K10xas long as short
Pacifica PENGU+0.358%+0.0100%1h$207K$126K5xas long as short
Arcus PENGU-USD+0.358%+0.0100%1h$19K$25K5xas long as short
MEXC PENGU_USDT+0.358%+0.0100%4h$12.6M$10.2M125xas long as short
Bybit PENGUUSDT+0.415%+0.0100%4h$22.9M$23.9M75xas long as short
Bitget PENGUUSDT+0.426%+0.0100%4h$8.7M$8.6M75xas long as short
OKX PENGU-USDT-SWAP+0.449%+0.0100%4h$7.8M$38.4M50xas long as short
01 Exchange PENGUUSD+0.494%+0.0184%1h$170$285xas long as short
Binance PENGUUSDT+0.497%+0.0100%4h$38.2M$116.5M75xas long as short
Reya PENGURUSDPERP+0.566%+0.0235%1h$299—10xas long as short
Hyperliquid PENGU+0.721%+0.1125%1h$10.8M$8.1M5xas long as short
SunX PENGU-USDT+2.313%+0.0100%4h$3K$1.9M10xas long as short
Injective PENGU/USDC PERP+3.858%+0.5000%1h$3K$91K5.5xas long as short