After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.070%7d average−0.044%fees + slippage, in and out−$56spread needed0.564%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENGU | 0.008579 | 0.0096 | pay 0.0012% / 1h | 57m 54s | $300K | $439K | 8x |
| Short | Gate PENGU_USDT | 0.008585 | 0.0100 | get 0.0050% / 4h | 57m 54s | $3.7M | $8.1M | 75x |
Lighter PENGU
Gate 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
- $6.99
- Funding while held
- $0.12
- Slippage, 4 orders
- −$41.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.31
- Spread needed to break even
- 0.564%
Slippage from Lighter: live order book, 49 min ago; Gate: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 49 min ago | 4.85 bp | 9.2 bp −$9 | 74.8 bp −$748 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.10 bp | 16.7 bp −$17 | 46.4 bp −$464 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007874cheapest
ApeX Omni0.008498+7.925%Variational Omni0.008500+7.953%BloFin0.008553+8.623%Pacifica0.008556+8.661%dYdX0.008563+8.746%Aevo0.008566+8.788%GMX0.008567+8.801%Orderly0.008571+8.852%gTrade (Gains Network)0.008571+8.855%Deribit0.008572+8.865%Reya0.008572+8.869%SoDEX0.008575+8.903%Kraken Futures0.008576+8.917%
Injective
ApeX Omni
Variational Omni
BloFin
Pacifica
dYdX
Aevo
GMX
Orderly
gTrade (Gains Network)
Deribit
Reya
SoDEX
Kraken FuturesLighter0.008579+8.954%
Arcus0.008580+8.966%01 Exchange0.008580+8.966%MEXC0.008580+8.966%Nado0.008580+8.973%Aster0.008582+8.996%Hyperliquid0.008583+9.004%
Arcus
MEXC
Nado
Aster
HyperliquidGate0.008585+9.030%
Backpack0.008585+9.030%HTX0.008585+9.030%Bybit0.008586+9.042%Extended0.008589+9.076%KuCoin0.008590+9.093%BingX0.008590+9.093%Binance0.008591+9.107%OKX0.008592+9.119%Bitget0.008596+9.169%Coinbase International0.008609+9.335%SunX0.008781+11.519%
Backpack
HTX
Bybit
Extended
KuCoin
BingX
Binance
OKX
Bitget
Coinbase International
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 | −8.218% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.944% | +0.0100% | 1h | $73K | $251K | 50x | as long as short |
| Variational Omni PENGU | −0.919% | +0.0100% | 4h | $687K | $287K | — | as long as short |
| BloFin PENGU-USDT | −0.303% | +0.0340% | 4h | $1.5M | $865K | 75x | as long as short |
| Pacifica PENGU | −0.268% | +0.0100% | 1h | $201K | $124K | 5x | as long as short |
| dYdX PENGU-USD | −0.191% | 0.0000% | 1h | $10K | $998 | 5x | as long as short |
| Aevo PENGU-PERP | −0.152% | +0.0104% | 1h | $198K | $17K | 3x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.140% | L +0.0388% / S −0.0364% | 1h | $85K | — | 100x | as long as short |
| Orderly PERP_PENGU_USDC | −0.093% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.090% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.082% | 0.0000% | 1h | $21K | $4K | 10x | as long as short |
| Reya PENGURUSDPERP | −0.078% | +0.0235% | 1h | $289 | — | 10x | as long as short |
| SoDEX PENGU-USD | −0.047% | +0.0100% | 1h | $966 | $14K | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.034% | +0.0530% | 1h | $368K | $765K | 50x | as long as short |
| Lighter PENGUlong | 0.000% | +0.0096% | 1h | $300K | $439K | 8x | |
| Arcus PENGU-USD | +0.012% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.012% | +0.0064% | 1h | $165 | $28 | 5x | as long as short |
| MEXC PENGU_USDT | +0.012% | +0.0100% | 4h | $11.9M | $8.7M | 125x | as long as short |
| Nado PENGU-PERP | +0.017% | −0.0130% | 1h | $220K | $285K | 5x | as long as short |
| Aster PENGUUSDT | +0.039% | +0.0100% | 4h | $172K | $316K | 20x | as long as short |
| Hyperliquid PENGU | +0.047% | +0.0257% | 1h | $8.3M | $6.3M | 5x | as long as short |
| Gate PENGU_USDTshort | +0.070% | +0.0100% | 4h | $3.7M | $8.1M | 75x | |
| Backpack PENGU_USDC_PERP | +0.070% | +0.0100% | 1h | $296K | $263K | 10x | as long as short |
| HTX PENGU-USDT | +0.070% | +0.0100% | 4h | $96K | $181K | 25x | as long as short |
| Bybit PENGUUSDT | +0.082% | +0.0100% | 4h | $21.3M | $20.5M | 75x | as long as short |
| Extended PENGU-USD | +0.112% | +0.0104% | 1h | $167K | $640K | 10x | as long as short |
| KuCoin PENGUUSDTM | +0.128% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| BingX PENGU-USDT | +0.128% | +0.0100% | 4h | — | $3.7M | — | as long as short |
| Binance PENGUUSDT | +0.140% | +0.0100% | 4h | $37.1M | $100.5M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.152% | +0.0100% | 4h | $7.3M | $32.5M | 50x | as long as short |
| Bitget PENGUUSDT | +0.198% | +0.0100% | 4h | $8.5M | $7.6M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.350% | +0.2520% | 1h | $83K | $188K | 50x | as long as short |
| SunX PENGU-USDT | +2.355% | +0.0100% | 4h | $3K | $1.7M | 10x | as long as short |