data as of
Settings8H · net · $10k
Price arb /

PENGU

all PENGU markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.012%7d average−0.038%fees + slippage, in and out−$61spread needed0.607%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PENGUUSDTM0.0086150.0100pay 0.0050% / 4h3h 21m$5.1M$7.0M75x
ShortBackpack PENGU_USDC_PERP0.0086160.0100get 0.0013% / 1h21m 29s$308K$308K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.16
Funding while held
$0
Slippage, 4 orders
−$38.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$59.54
Spread needed to break even
0.607%
Slippage from KuCoin: live order book, 3 min ago; Backpack: live order book, 23 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago4.03 bp26.1 bp −$2662.3 bp −$623doesn't fitdoesn't fit
Sell Backpack live order book, 23 min ago0.56 bp8.9 bp −$9doesn't fitdoesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PENGUUSDT−0.116%+0.0100%4h$21.9M$26.4M75xas long as short
Gate PENGU_USDT−0.116%−0.0120%4h$3.6M$12.2M75xas long as short
BingX PENGU-USDC−0.081%+0.0100%4h$2.3Mas long as short
Arcus PENGU-USD−0.058%+0.0100%1h$19K$24K5xas long as short
Binance PENGUUSDT−0.050%+0.0100%4h$36.9M$125.2M75xas long as short
Extended PENGU-USD−0.045%+0.0104%1h$177K$679K10xas long as short
MEXC PENGU_USDT−0.035%+0.0100%4h$11.3M$10.9M125xas long as short
Reya PENGURUSDPERP−0.015%+0.0235%1h$29110xas long as short
OKX PENGU-USDT-SWAP0.000%+0.0100%4h$7.6M$39.5M50xas long as short
KuCoin PENGUUSDTMlong0.000%+0.0100%4h$5.1M$7.0M75x
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica PENGU+0.012%+0.0100%1h$202K$129K5xas long as short
Backpack PENGU_USDC_PERPshort+0.012%+0.0100%1h$308K$308K10x
01 Exchange PENGUUSD+0.035%+0.0248%1h$166$285xas long as short
Bitget PENGUUSDT+0.035%+0.0100%4h$8.4M$9.3M75xas long as short
dYdX PENGU-USD+0.054%+1.0256%1h$11K$5K5xas long as short
Lighter PENGU+0.058%+0.0096%1h$307K$471K8xas long as short
Aster PENGUUSDT+0.080%+0.0100%4h$178K$344K20xas long as short
SoDEX PENGU-USD+0.093%+0.0100%1h$972$14K5xas long as short
Hyperliquid PENGU+0.104%+0.0515%1h$9.7M$9.4M5xas long as short
Nado PENGU-PERP+0.113%+0.0100%1h$619K$631K5xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.116%L +0.0491% / S −0.0660%1h$109K100xas long as short
Orderly PERP_PENGU_USDC+0.128%+0.0098%4h$16K$186K20xas long as short
Aevo PENGU-PERP+0.139%+0.0104%1h$199K$17K3xas long as short
gTrade (Gains Network) PENGU/USD+0.143%L +0.0007% / S −0.0003%1h$33K150xas long as short
Deribit PENGU_USDC-PERPETUAL+0.151%0.0000%1h$19K$7K10xas long as short
Kraken Futures PF_PENGUUSD+0.214%+0.0122%1h$362K$853K50xas long as short
BloFin PENGU-USDT+0.429%+0.0340%4h$1.6M$1.5M75xas long as short
HTX PENGU-USDT+0.499%+0.0100%4h$100K$221K25xas long as short
ApeX Omni PENGUUSDT+1.010%+0.0100%1h$79K$253K50xas long as short
Variational Omni PENGU+1.075%+0.0100%4h$678K$389Kas long as short
Injective PENGU/USDC PERP+2.055%+0.5000%1h$3K$91K5.5xas long as short
SunX PENGU-USDT+2.519%+0.0100%4h$2K$2.0M10xas long as short
Coinbase International PENGU-PERP-INTX+3.889%+0.2912%1h$95K$133K50xas long as short