After costs, if the gap returns to its 7d average, $10k−$76
spread now−0.169%7d average−0.023%fees + slippage, in and out−$61spread needed0.614%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENGUUSDTM | 0.008869 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $5.1M | $6.8M | 75x |
| Short | BingX PENGU-USDT | 0.008854 | 0.0100 | get 0.0050% / 4h | 3h 52m | — | $3.9M | — |
KuCoin PENGUUSDTM
BingX PENGU-USDTPrice 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
- −$16.91
- Funding while held
- $0
- Slippage, 4 orders
- −$39.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$78.27
- Spread needed to break even
- 0.614%
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 4 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, 2 min ago | 3.98 bp | 18.3 bp −$18 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.71 bp | 10.3 bp −$10 | 16.5 bp −$165 | 44.1 bp −$4,410 | 314.1 bp −$157.1K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.008766cheapestVariational Omni0.008798+0.370%BloFin0.008839+0.833%Arcus0.008840+0.844%01 Exchange0.008847+0.924%Gate0.008853+0.992%
ApeX Omni
Variational Omni
BloFin
Arcus
GateBingX0.008854+1.004%
Pacifica0.008855+1.015%dYdX0.008855+1.016%Backpack0.008856+1.027%Bitget0.008857+1.038%OKX0.008858+1.050%Nado0.008861+1.089%Bybit0.008863+1.107%Reya0.008864+1.112%MEXC0.008864+1.118%Hyperliquid0.008866+1.141%Orderly0.008866+1.141%SoDEX0.008866+1.141%Extended0.008866+1.144%
Pacifica
dYdX
Backpack
Bitget
OKX
Nado
Bybit
Reya
MEXC
Hyperliquid
Orderly
SoDEX
ExtendedKuCoin0.008869+1.175%
Deribit0.008869+1.175%Binance0.008869+1.177%Aster0.008873+1.218%Aevo0.008874+1.232%HTX0.008875+1.243%Lighter0.008876+1.255%Kraken Futures0.008881+1.310%gTrade (Gains Network)0.008889+1.408%GMX0.008890+1.415%Injective0.008911+1.654%Coinbase International0.008925+1.814%SunX0.009077+3.548%
Deribit
Binance
Aster
Aevo
HTX
Lighter
Kraken Futures
gTrade (Gains Network)
GMX
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −1.161% | +0.0099% | 1h | $77K | $251K | 50x | as long as short |
| Variational Omni PENGU | −0.795% | +0.0100% | 4h | $696K | $355K | — | as long as short |
| BloFin PENGU-USDT | −0.338% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Arcus PENGU-USD | −0.327% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.248% | +0.0192% | 1h | $170 | $28 | 5x | as long as short |
| Gate PENGU_USDT | −0.180% | +0.0092% | 4h | $3.9M | $10.6M | 75x | as long as short |
| BingX PENGU-USDTshort | −0.169% | +0.0100% | 4h | — | $3.9M | — | |
| Pacifica PENGU | −0.158% | +0.0100% | 1h | $208K | $126K | 5x | as long as short |
| dYdX PENGU-USD | −0.157% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.147% | +0.0100% | 1h | $309K | $283K | 10x | as long as short |