After costs, if the gap returns to its 7d average, $10k−$129
spread now−0.739%7d average−0.063%fees + slippage, in and out−$62spread needed0.619%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENGUUSD | 0.008668 | 0.0524 | pay 0.0066% / 1h | 51m 21s | $371K | $765K | 50x |
| Short | BloFin PENGU-USDT | 0.008604 | 0.0340 | get 0.0170% / 4h | 51m 21s | $1.5M | $872K | 75x |
Kraken Futures PF_PENGUUSD
BloFin 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
- −$73.87
- Funding while held
- −$5.53
- Slippage, 4 orders
- −$39.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$141.29
- Spread needed to break even
- 0.619%
Slippage from Kraken Futures: live order book, 63 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0184%
- Per $10,000 a day
- −$5.53
- 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 Kraken Futures live order book, 63 min ago | 12.14 bp | 23.7 bp −$24 | 51.1 bp −$511 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.74 bp | 7.7 bp −$8 | 15.6 bp −$156 | 41.0 bp −$4,097 | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
Variational Omni0.008596+9.172%
Injective
Variational OmniBloFin0.008604+9.271%
ApeX Omni0.008632+9.627%HTX0.008652+9.881%Aevo0.008657+9.944%Deribit0.008659+9.970%SoDEX0.008665+10.046%
ApeX Omni
HTX
Aevo
Deribit
SoDEXKraken Futures0.008668+10.084%
Backpack0.008677+10.198%dYdX0.008700+10.489%Arcus0.008700+10.490%Pacifica0.008702+10.516%Coinbase International0.008702+10.516%Lighter0.008704+10.541%Extended0.008711+10.627%01 Exchange0.008713+10.655%Aster0.008714+10.662%Nado0.008721+10.760%OKX0.008723+10.782%Bybit0.008724+10.795%KuCoin0.008724+10.795%Orderly0.008725+10.808%Reya0.008726+10.815%MEXC0.008728+10.846%Hyperliquid0.008729+10.859%BingX0.008729+10.859%Gate0.008730+10.871%gTrade (Gains Network)0.008732+10.897%Binance0.008735+10.933%GMX0.008735+10.935%Bitget0.008743+11.036%SunX0.008877+12.738%
Backpack
dYdX
Arcus
Pacifica
Coinbase International
Lighter
Extended
Aster
Nado
OKX
Bybit
KuCoin
Orderly
Reya
MEXC
Hyperliquid
BingX
Gate
gTrade (Gains Network)
Binance
GMX
Bitget
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.160% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.829% | +0.0100% | 4h | $695K | $293K | — | as long as short |
| BloFin PENGU-USDTshort | −0.739% | +0.0340% | 4h | $1.5M | $872K | 75x | |
| ApeX Omni PENGUUSDT | −0.416% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| HTX PENGU-USDT | −0.185% | +0.0100% | 4h | $96K | $183K | 25x | as long as short |
| Aevo PENGU-PERP | −0.127% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.104% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| SoDEX PENGU-USD | −0.035% | +0.0100% | 1h | $982 | $14K | 5x | as long as short |
| Kraken Futures PF_PENGUUSDlong | 0.000% | +0.0524% | 1h | $371K | $765K | 50x | |
| Backpack PENGU_USDC_PERP | +0.103% | +0.0100% | 1h | $300K | $264K | 10x | as long as short |