After costs, if the gap returns to its 7d average, $10k−$84
spread now−0.122%7d average−0.140%fees + slippage, in and out−$86spread needed0.860%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENGUUSD | 0.008681 | 0.0122 | pay 0.0015% / 1h | 1m 16s | $357K | $854K | 50x |
| Short | Extended PENGU-USD | 0.008671 | 0.0104 | get 0.0013% / 1h | 1m 16s | $179K | $676K | 10x |
Kraken Futures PF_PENGUUSD
Extended PENGU-USDPrice 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
- −$12.16
- Funding while held
- −$0.53
- Slippage, 4 orders
- −$71.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$98.73
- Spread needed to break even
- 0.860%
Slippage from Kraken Futures: live order book, 43 min ago; Extended: live order book, 43 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.53
- 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, 43 min ago | 13.38 bp | 46.7 bp −$47 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Extended live order book, 43 min ago | 1.12 bp | 10.6 bp −$11 | 59.9 bp −$599 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.008659cheapestGate0.008661+0.023%OKX0.008665+0.069%MEXC0.008666+0.081%Binance0.008666+0.084%BingX0.008667+0.092%Backpack0.008667+0.092%SoDEX0.008669+0.115%Arcus0.008670+0.127%Aevo0.008670+0.127%
Bybit
Gate
OKX
MEXC
Binance
BingX
Backpack
SoDEX
Arcus
AevoExtended0.008671+0.136%
KuCoin0.008671+0.139%Reya0.008672+0.147%Bitget0.008672+0.150%Orderly0.008672+0.150%Lighter0.008673+0.162%Deribit0.008673+0.162%Pacifica0.008674+0.173%GMX0.008674+0.173%dYdX0.008675+0.182%BloFin0.008675+0.185%gTrade (Gains Network)0.008676+0.194%Nado0.008676+0.202%Variational Omni0.008677+0.205%Aster0.008680+0.243%01 Exchange0.008681+0.254%
KuCoin
Reya
Bitget
Orderly
Lighter
Deribit
Pacifica
GMX
dYdX
BloFin
gTrade (Gains Network)
Nado
Variational Omni
AsterKraken Futures0.008681+0.258%
Hyperliquid0.008683+0.277%HTX0.008690+0.358%ApeX Omni0.008693+0.393%Injective0.008792+1.536%Coinbase International0.008801+1.640%SunX0.008886+2.622%
Hyperliquid
HTX
ApeX Omni
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.257% | +0.0100% | 4h | $22.1M | $26.6M | 75x | as long as short |
| Gate PENGU_USDT | −0.234% | −0.0074% | 4h | $3.6M | $12.7M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.188% | +0.0100% | 4h | $7.7M | $39.8M | 50x | as long as short |
| MEXC PENGU_USDT | −0.177% | +0.0100% | 4h | $11.4M | $11.0M | 125x | as long as short |
| Binance PENGUUSDT | −0.173% | +0.0100% | 4h | $36.8M | $125.3M | 75x | as long as short |
| BingX PENGU-USDT | −0.165% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| Backpack PENGU_USDC_PERP | −0.165% | +0.0100% | 1h | $307K | $309K | 10x | as long as short |
| SoDEX PENGU-USD | −0.142% | +0.0100% | 1h | $967 | $14K | 5x | as long as short |
| Arcus PENGU-USD | −0.131% | +0.0100% | 1h | $19K | $23K | 5x | as long as short |
| Aevo PENGU-PERP | −0.131% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |