After costs, if the gap returns to its 7d average, $10k−$74
spread now−0.069%7d average+0.001%fees + slippage, in and out−$67spread needed0.670%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENGUUSDTM | 0.008272 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $4.6M | $6.3M | 75x |
| Short | Aster PENGUUSDT | 0.008266 | 0.0100 | get 0.0050% / 4h | 1h 48m | $168K | $307K | 20x |
KuCoin PENGUUSDTM
Aster PENGUUSDTPrice 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
- −$6.85
- Funding while held
- $0
- Slippage, 4 orders
- −$47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$73.86
- Spread needed to break even
- 0.670%
Slippage from KuCoin: live order book, 6 min ago; Aster: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 6 min ago | 1.83 bp | 31.4 bp −$31 | 74.9 bp −$749 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 4.89 bp | 11.5 bp −$12 | 28.3 bp −$283 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapestVariational Omni0.008211+4.285%ApeX Omni0.008221+4.407%BloFin0.008246+4.724%dYdX0.008247+4.736%Backpack0.008248+4.750%Pacifica0.008254+4.826%Arcus0.008260+4.902%Reya0.008262+4.928%Nado0.008263+4.943%Gate0.008264+4.953%Aevo0.008265+4.966%Extended0.008266+4.975%GMX0.008266+4.978%
Injective
Variational Omni
ApeX Omni
BloFin
dYdX
Backpack
Pacifica
Arcus
Reya
Nado
Gate
Aevo
Extended
GMXAster0.008266+4.983%
BingX0.008267+4.991%Bybit0.008268+5.004%Orderly0.008268+5.004%gTrade (Gains Network)0.008268+5.008%Deribit0.008269+5.017%SoDEX0.008270+5.029%Hyperliquid0.008271+5.042%Binance0.008272+5.055%MEXC0.008272+5.055%
BingX
Bybit
Orderly
gTrade (Gains Network)
Deribit
SoDEX
Hyperliquid
Binance
MEXCKuCoin0.008272+5.055%
HTX0.008273+5.067%OKX0.008274+5.080%Lighter0.008275+5.093%Bitget0.008277+5.118%Kraken Futures0.008279+5.139%Coinbase International0.008378+6.401%SunX0.008469+7.557%
HTX
OKX
Lighter
Bitget
Kraken Futures
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.811% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −0.733% | +0.0100% | 4h | $659K | $284K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.617% | −0.0048% | 1h | $71K | $251K | 50x | as long as short |
| BloFin PENGU-USDT | −0.314% | +0.0340% | 4h | $1.4M | $789K | 75x | as long as short |
| dYdX PENGU-USD | −0.304% | +0.2377% | 1h | $10K | $998 | 5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.290% | +0.0039% | 1h | $284K | $255K | 10x | as long as short |
| Pacifica PENGU | −0.218% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| Arcus PENGU-USD | −0.145% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.121% | +0.0234% | 1h | $279 | — | 10x | as long as short |
| Nado PENGU-PERP | −0.106% | +0.0100% | 1h | $207K | $267K | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.097% | +0.0100% | 4h | $3.4M | $7.4M | 75x | as long as short |
| Aevo PENGU-PERP | −0.085% | +0.0104% | 1h | $191K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.076% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.073% | L +0.0385% / S −0.0369% | 1h | $82K | — | 100x | as long as short |
| Aster PENGUUSDTshort | −0.069% | +0.0100% | 4h | $168K | $307K | 20x | |
| BingX PENGU-USDT | −0.060% | +0.0100% | 4h | — | $3.6M | — | as long as short |
| Bybit PENGUUSDT | −0.048% | +0.0100% | 4h | $20.3M | $19.8M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.048% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.044% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.036% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| SoDEX PENGU-USD | −0.024% | +0.0100% | 1h | $919 | $14K | 5x | as long as short |
| Hyperliquid PENGU | −0.012% | +0.0100% | 1h | $8.2M | $5.9M | 5x | as long as short |
| Binance PENGUUSDT | 0.000% | +0.0100% | 4h | $35.2M | $95.2M | 75x | as long as short |
| MEXC PENGU_USDT | 0.000% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| KuCoin PENGUUSDTMlong | 0.000% | +0.0100% | 4h | $4.6M | $6.3M | 75x | |
| HTX PENGU-USDT | +0.012% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| OKX PENGU-USDT-SWAP | +0.024% | +0.0100% | 4h | $6.9M | $30.4M | 50x | as long as short |
| Lighter PENGU | +0.036% | +0.0096% | 1h | $316K | $384K | 8x | as long as short |
| Bitget PENGUUSDT | +0.060% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.081% | +0.0655% | 1h | $348K | $787K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.281% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.382% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |