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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENGUUSDTM | 0.008615 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $5.1M | $7.0M | 75x |
| Short | Backpack PENGU_USDC_PERP | 0.008616 | 0.0100 | get 0.0013% / 1h | 21m 29s | $308K | $308K | 10x |
Price 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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 4.03 bp | 26.1 bp −$26 | 62.3 bp −$623 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 23 min ago | 0.56 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.116% | +0.0100% | 4h | $21.9M | $26.4M | 75x | as long as short |
| Gate PENGU_USDT | −0.116% | −0.0120% | 4h | $3.6M | $12.2M | 75x | as long as short |
| BingX PENGU-USDC | −0.081% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | −0.058% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| Binance PENGUUSDT | −0.050% | +0.0100% | 4h | $36.9M | $125.2M | 75x | as long as short |
| Extended PENGU-USD | −0.045% | +0.0104% | 1h | $177K | $679K | 10x | as long as short |
| MEXC PENGU_USDT | −0.035% | +0.0100% | 4h | $11.3M | $10.9M | 125x | as long as short |
| Reya PENGURUSDPERP | −0.015% | +0.0235% | 1h | $291 | — | 10x | as long as short |
| OKX PENGU-USDT-SWAP | 0.000% | +0.0100% | 4h | $7.6M | $39.5M | 50x | as long as short |
| KuCoin PENGUUSDTMlong | 0.000% | +0.0100% | 4h | $5.1M | $7.0M | 75x |
KuCoin PENGUUSDTM
Backpack PENGU_USDC_PERP
Bybit
Gate
BingX
Binance
Extended
MEXC
OKX
Pacifica
Bitget
Lighter
Aster
SoDEX
Hyperliquid
GMX
gTrade (Gains Network)
Deribit
Kraken Futures
BloFin
HTX
ApeX Omni
Variational Omni
Injective
SunX
Coinbase International