After costs, if the gap returns to its 7d average, $10k−$182
spread now+1.384%7d average+0.655%fees + slippage, in and out−$255spread needed2.552%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENGUUSD | 0.008738 | −0.0073 | get 0.0009% / 1h | 25m 12s | $310K | $982K | 50x |
| Short | Coinbase International PENGU-PERP-INTX | 0.008859 | 0.2920 | get 0.0365% / 1h | 25m 12s | $93K | $128K | 50x |
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTXPrice 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
- $138.43
- Funding while held
- $89.8
- Slippage, 4 orders
- −$235.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.99
- Spread needed to break even
- 2.552%
Slippage from Kraken Futures: live order book, 9 min ago; Coinbase International: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.2993%
- Per $10,000 a day
- +$89.80
- 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, 9 min ago | 6.87 bp | 15.9 bp −$16 | 38.6 bp −$386 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 9 min ago | 104.42 bp | 111.0 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.008724cheapestBloFin0.008726+0.023%Gate0.008727+0.034%Backpack0.008729+0.057%Binance0.008730+0.069%GMX0.008730+0.069%OKX0.008731+0.080%MEXC0.008731+0.080%SoDEX0.008731+0.080%Deribit0.008731+0.080%Extended0.008731+0.083%KuCoin0.008732+0.092%Aevo0.008732+0.092%Reya0.008733+0.108%gTrade (Gains Network)0.008734+0.112%BingX0.008734+0.115%Bitget0.008735+0.126%Orderly0.008735+0.126%Lighter0.008736+0.138%Nado0.008736+0.140%
Bybit
BloFin
Gate
Backpack
Binance
GMX
OKX
MEXC
SoDEX
Deribit
Extended
KuCoin
Aevo
Reya
gTrade (Gains Network)
BingX
Bitget
Orderly
Lighter
NadoKraken Futures0.008738+0.161%
ApeX Omni0.008740+0.183%Aster0.008743+0.219%Hyperliquid0.008745+0.241%01 Exchange0.008748+0.275%Arcus0.008750+0.298%Pacifica0.008753+0.332%dYdX0.008757+0.380%Variational Omni0.008777+0.606%HTX0.008782+0.665%Injective0.008792+0.779%
ApeX Omni
Aster
Hyperliquid
Arcus
Pacifica
dYdX
Variational Omni
HTX
InjectiveCoinbase International0.008859+1.547%
SunX0.008944+2.522%
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.161% | +0.0100% | 4h | $22.3M | $27.7M | 75x | as long as short |
| BloFin PENGU-USDT | −0.138% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Gate PENGU_USDT | −0.126% | −0.0096% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.103% | +0.0100% | 1h | $308K | $306K | 10x | as long as short |
| Binance PENGUUSDT | −0.092% | +0.0100% | 4h | $37.1M | $130.4M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.092% | L +0.0505% / S −0.0698% | 1h | $112K | — | 100x | as long as short |
| OKX PENGU-USDT-SWAP | −0.081% | +0.0100% | 4h | $8.1M | $41.3M | 50x | as long as short |
| MEXC PENGU_USDT | −0.081% | +0.0100% | 4h | $11.3M | $10.8M | 125x | as long as short |
| SoDEX PENGU-USD | −0.081% | +0.0100% | 1h | $987 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.081% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |