After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.172%7d average−0.010%fees + slippage, in and out−$69spread needed0.686%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENGUUSDTM | 0.008718 | 0.0100 | pay 0.0050% / 4h | 50m 06s | $4.8M | $6.5M | 75x |
| Short | BloFin PENGU-USDT | 0.008733 | 0.0340 | get 0.0170% / 4h | 50m 06s | $1.5M | $883K | 75x |
KuCoin PENGUUSDTM
BloFin 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
- $17.21
- Funding while held
- $7.2
- Slippage, 4 orders
- −$44.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.16
- Spread needed to break even
- 0.686%
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.20
- 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, 4 min ago | 2.32 bp | 33.6 bp −$34 | 81.4 bp −$814 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.74 bp | 7.7 bp −$8 | 15.6 bp −$156 | 41.0 bp −$4,097 | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
ApeX Omni0.008632+9.627%Variational Omni0.008685+10.305%Binance0.008715+10.681%BingX0.008715+10.681%Backpack0.008715+10.681%Gate0.008717+10.706%MEXC0.008718+10.719%
Injective
ApeX Omni
Variational Omni
Binance
BingX
Backpack
Gate
MEXCKuCoin0.008718+10.719%
Hyperliquid0.008719+10.732%Bitget0.008722+10.770%SoDEX0.008726+10.820%Aevo0.008727+10.833%Extended0.008727+10.833%Lighter0.008729+10.859%Bybit0.008729+10.859%Orderly0.008730+10.871%Deribit0.008731+10.884%Aster0.008732+10.894%01 Exchange0.008732+10.897%GMX0.008732+10.897%Kraken Futures0.008732+10.900%
Hyperliquid
Bitget
SoDEX
Aevo
Extended
Lighter
Bybit
Orderly
Deribit
Aster
GMX
Kraken FuturesBloFin0.008733+10.909%
gTrade (Gains Network)0.008733+10.916%Reya0.008734+10.925%Pacifica0.008738+10.973%Nado0.008738+10.979%dYdX0.008740+10.997%Arcus0.008740+10.998%OKX0.008743+11.036%Coinbase International0.008753+11.163%HTX0.008761+11.265%SunX0.008937+13.500%
gTrade (Gains Network)
Reya
Pacifica
Nado
dYdX
Arcus
OKX
Coinbase International
HTX
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.681% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.986% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Variational Omni PENGU | −0.374% | +0.0100% | 4h | $702K | $299K | — | as long as short |
| Binance PENGUUSDT | −0.034% | +0.0100% | 4h | $37.6M | $104.0M | 75x | as long as short |
| BingX PENGU-USDT | −0.034% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| Backpack PENGU_USDC_PERP | −0.034% | +0.0100% | 1h | $301K | $265K | 10x | as long as short |
| Gate PENGU_USDT | −0.011% | +0.0100% | 4h | $3.8M | $8.5M | 75x | as long as short |
| MEXC PENGU_USDT | 0.000% | +0.0100% | 4h | $12.1M | $9.0M | 125x | as long as short |
| KuCoin PENGUUSDTMlong | 0.000% | +0.0100% | 4h | $4.8M | $6.5M | 75x | |
| Hyperliquid PENGU | +0.011% | +0.0100% | 1h | $8.3M | $6.3M | 5x | as long as short |