After costs, if the gap returns to its 7d average, $10k−$112
spread now−0.100%7d average−0.063%fees + slippage, in and out−$109spread needed1.087%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENGUUSD | 0.008655 | 0.0287 | pay 0.0036% / 1h | 44m 58s | $365K | $854K | 50x |
| Short | KuCoin PENGUUSDTM | 0.008646 | 0.0100 | get 0.0050% / 4h | 2h 44m | $5.2M | $7.0M | 75x |
Kraken Futures PF_PENGUUSD
KuCoin PENGUUSDTMPrice 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
- −$10.03
- Funding while held
- −$5.62
- Slippage, 4 orders
- −$86.66
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$124.31
- Spread needed to break even
- 1.087%
Slippage from Kraken Futures: live order book, 60 min ago; KuCoin: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0187%
- Per $10,000 a day
- −$5.62
- 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, 60 min ago | 13.38 bp | 46.7 bp −$47 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 4.04 bp | 23.4 bp −$23 | 71.0 bp −$710 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.008635cheapestBingX0.008636+0.012%Gate0.008640+0.058%Nado0.008642+0.081%Binance0.008642+0.084%Orderly0.008643+0.093%OKX0.008644+0.104%Backpack0.008644+0.104%SoDEX0.008644+0.104%Aevo0.008645+0.116%Deribit0.008645+0.116%Extended0.008646+0.123%Reya0.008646+0.127%MEXC0.008646+0.127%
Bybit
BingX
Gate
Nado
Binance
Orderly
OKX
Backpack
SoDEX
Aevo
Deribit
Extended
Reya
MEXCKuCoin0.008646+0.127%
GMX0.008646+0.127%gTrade (Gains Network)0.008647+0.135%BloFin0.008647+0.139%Pacifica0.008648+0.151%Bitget0.008649+0.162%Aster0.008649+0.163%dYdX0.008649+0.165%Arcus0.008650+0.174%Lighter0.008651+0.185%01 Exchange0.008651+0.185%Hyperliquid0.008652+0.197%
GMX
gTrade (Gains Network)
BloFin
Pacifica
Bitget
Aster
dYdX
Arcus
Lighter
HyperliquidKraken Futures0.008655+0.228%
HTX0.008670+0.405%Variational Omni0.008677+0.484%ApeX Omni0.008689+0.625%Injective0.008792+1.818%Coinbase International0.008808+2.003%SunX0.008853+2.525%
HTX
Variational Omni
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 | −0.227% | +0.0100% | 4h | $22.0M | $26.7M | 75x | as long as short |
| BingX PENGU-USDC | −0.216% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate PENGU_USDT | −0.170% | −0.0088% | 4h | $3.6M | $12.7M | 75x | as long as short |
| Nado PENGU-PERP | −0.146% | +0.0100% | 1h | $636K | $671K | 5x | as long as short |
| Binance PENGUUSDT | −0.143% | +0.0100% | 4h | $36.7M | $126.7M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.135% | +0.0098% | 4h | $16K | $184K | 20x | as long as short |
| OKX PENGU-USDT-SWAP | −0.123% | +0.0100% | 4h | $7.7M | $39.8M | 50x | as long as short |
| Backpack PENGU_USDC_PERP | −0.123% | +0.0094% | 1h | $307K | $309K | 10x | as long as short |
| SoDEX PENGU-USD | −0.123% | +0.0100% | 1h | $969 | $14K | 5x | as long as short |
| Aevo PENGU-PERP | −0.112% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |