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

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$84
spread now−0.117%7d average−0.088%fees + slippage, in and out−$82spread needed0.815%
Long on LighterShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PENGU0.0085810.0096pay 0.0012% / 1h19m 30s$306K$472K8x
ShortBingX PENGU-USDC0.0085710.0100get 0.0050% / 4h3h 19m—$2.3M—

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
−$11.65
Funding while held
$0.12
Slippage, 4 orders
−$71.51
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$93.04
Spread needed to break even
0.815%
Slippage from Lighter: live order book, 17 min ago; BingX: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
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 Lighter live order book, 17 min ago5.09 bp22.3 bp −$2287.2 bp −$872doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago1.73 bp17.8 bp −$1844.1 bp −$441260.6 bp −$26.1K870.3 bp −$435.1K

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.008564cheapestGate0.008568+0.047%Nado0.008570+0.070%OKX0.008570+0.070%Arcus0.008570+0.070%
BingX0.008571+0.082%
Aster0.008572+0.090%Backpack0.008572+0.093%dYdX0.008575+0.132%Binance0.008577+0.147%Extended0.008578+0.160%MEXC0.008578+0.163%Pacifica0.008579+0.175%Hyperliquid0.008580+0.187%KuCoin0.008580+0.187%
Lighter0.008581+0.199%
Bitget0.008582+0.210%01 Exchange0.008583+0.222%Orderly0.008584+0.234%gTrade (Gains Network)0.008584+0.236%Aevo0.008585+0.245%Deribit0.008585+0.245%GMX0.008586+0.257%SoDEX0.008586+0.257%Kraken Futures0.008587+0.263%Reya0.008587+0.267%Variational Omni0.008608+0.511%ApeX Omni0.008611+0.549%BloFin0.008614+0.584%HTX0.008622+0.677%SunX0.008787+2.604%Injective0.008792+2.662%Coinbase International0.008950+4.507%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PENGUUSDT−0.198%+0.0100%4h$21.8M$26.5M75xas long as short
Gate PENGU_USDT−0.151%−0.0146%4h$3.6M$12.3M75xas long as short
Nado PENGU-PERP−0.128%+0.0100%1h$635K$662K5xas long as short
OKX PENGU-USDT-SWAP−0.128%+0.0100%4h$7.5M$39.5M50xas long as short
Arcus PENGU-USD−0.128%+0.0100%1h$18K$24K5xas long as short
BingX PENGU-USDCshort−0.117%+0.0100%4h—$2.3M—
Aster PENGUUSDT−0.108%+0.0100%4h$177K$342K20xas long as short
Backpack PENGU_USDC_PERP−0.105%+0.0100%1h$307K$307K10xas long as short
dYdX PENGU-USD−0.066%+0.9743%1h$11K$5K5xas long as short
Binance PENGUUSDT−0.052%+0.0100%4h$36.6M$125.1M75xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended PENGU-USD−0.038%+0.0104%1h$176K$679K10xas long as short
MEXC PENGU_USDT−0.035%+0.0100%4h$11.2M$10.9M125xas long as short
Pacifica PENGU−0.023%+0.0100%1h$201K$129K5xas long as short
Hyperliquid PENGU−0.012%+0.0486%1h$9.6M$9.4M5xas long as short
KuCoin PENGUUSDTM−0.012%+0.0100%4h$5.1M$7.0M75xas long as short
Lighter PENGUlong0.000%+0.0096%1h$306K$472K8x
Bitget PENGUUSDT+0.012%+0.0100%4h$8.4M$9.3M75xas long as short
01 Exchange PENGUUSD+0.023%+0.0240%1h$165$285xas long as short
Orderly PERP_PENGU_USDC+0.035%+0.0098%4h$16K$185K20xas long as short
gTrade (Gains Network) PENGU/USD+0.037%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Aevo PENGU-PERP+0.047%+0.0104%1h$198K$17K3xas long as short
Deribit PENGU_USDC-PERPETUAL+0.047%0.0000%1h$19K$7K10xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.058%L +0.0490% / S −0.0660%1h$108K—100xas long as short
SoDEX PENGU-USD+0.058%+0.0100%1h$964$14K5xas long as short
Kraken Futures PF_PENGUUSD+0.065%+0.0123%1h$355K$858K50xas long as short
Reya PENGURUSDPERP+0.069%+0.0235%1h$290—10xas long as short
Variational Omni PENGU+0.312%+0.0100%4h$668K$400K—as long as short
ApeX Omni PENGUUSDT+0.350%+0.0100%1h$79K$253K50xas long as short
BloFin PENGU-USDT+0.385%+0.0340%4h$1.6M$1.4M75xas long as short
HTX PENGU-USDT+0.478%+0.0100%4h$100K$221K25xas long as short
SunX PENGU-USDT+2.401%+0.0100%4h$3K$2.0M10xas long as short
Injective PENGU/USDC PERP+2.459%+0.5000%1h$3K$91K5.5xas long as short
Coinbase International PENGU-PERP-INTX+4.300%+0.2912%1h$95K$133K50xas long as short