After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.022%7d average−0.017%fees + slippage, in and out−$81spread needed0.812%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENGU | 0.008975 | 0.0096 | pay 0.0012% / 1h | 9m 08s | $346K | $542K | 8x |
| Short | KuCoin PENGUUSDTM | 0.008977 | 0.0100 | get 0.0050% / 4h | 1h 09m | $5.2M | $7.4M | 75x |
Lighter PENGU
KuCoin PENGUUSDTMPrice 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
- $2.23
- Funding while held
- $0.12
- Slippage, 4 orders
- −$69.22
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.88
- Spread needed to break even
- 0.812%
Slippage from Lighter: live order book, 18 min ago; KuCoin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 18 min ago | 1.71 bp | 27.2 bp −$27 | 98.8 bp −$988 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.89 bp | 23.1 bp −$23 | 54.2 bp −$542 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Injective0.008792cheapestVariational Omni0.008921+1.465%ApeX Omni0.008936+1.638%Arcus0.008940+1.683%BloFin0.008940+1.683%Nado0.008945+1.740%Pacifica0.008947+1.763%01 Exchange0.008952+1.820%dYdX0.008952+1.821%Reya0.008957+1.871%gTrade (Gains Network)0.008962+1.933%HTX0.008962+1.934%GMX0.008963+1.945%Orderly0.008965+1.968%Aevo0.008965+1.968%Extended0.008966+1.977%Aster0.008968+2.000%Gate0.008969+2.013%Deribit0.008969+2.013%BingX0.008974+2.070%
Injective
Variational Omni
ApeX Omni
Arcus
BloFin
Nado
Pacifica
dYdX
Reya
gTrade (Gains Network)
HTX
GMX
Orderly
Aevo
Extended
Aster
Gate
Deribit
BingXLighter0.008975+2.081%
MEXC0.008975+2.081%
MEXCKuCoin0.008977+2.104%
Kraken Futures0.008978+2.119%OKX0.008982+2.161%Bybit0.008984+2.184%SoDEX0.008985+2.195%Binance0.008986+2.207%Backpack0.008987+2.218%Bitget0.008992+2.275%Hyperliquid0.008993+2.286%Coinbase International0.009047+2.900%SunX0.009182+4.436%
Kraken Futures
OKX
Bybit
SoDEX
Binance
Backpack
Bitget
Hyperliquid
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 | −2.039% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| Variational Omni PENGU | −0.604% | +0.0100% | 4h | $792K | $540K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.435% | +0.0100% | 1h | $85K | $254K | 50x | as long as short |
| Arcus PENGU-USD | −0.390% | +0.0100% | 1h | $20K | $24K | 5x | as long as short |
| BloFin PENGU-USDT | −0.390% | +0.0288% | 4h | $1.6M | $2.0M | 75x | as long as short |
| Nado PENGU-PERP | −0.334% | +0.0100% | 1h | $656K | $695K | 5x | as long as short |
| Pacifica PENGU | −0.312% | +0.0100% | 1h | $212K | $135K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.256% | +0.0216% | 1h | $205 | $59 | 5x | as long as short |
| dYdX PENGU-USD | −0.255% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| Reya PENGURUSDPERP | −0.206% | +0.0236% | 1h | $302 | — | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PENGU/USD | −0.146% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| HTX PENGU-USDT | −0.145% | +0.0100% | 4h | $98K | $244K | 25x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.134% | L +0.0512% / S −0.0698% | 1h | $115K | — | 100x | as long as short |
| Orderly PERP_PENGU_USDC | −0.111% | +0.0100% | 4h | $22K | $187K | 20x | as long as short |
| Aevo PENGU-PERP | −0.111% | +0.0104% | 1h | $207K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.103% | +0.0104% | 1h | $184K | $678K | 10x | as long as short |
| Aster PENGUUSDT | −0.080% | +0.0100% | 4h | $180K | $380K | 20x | as long as short |
| Gate PENGU_USDT | −0.067% | −0.0080% | 4h | $3.7M | $13.6M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.067% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| BingX PENGU-USDC | −0.011% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Lighter PENGUlong | 0.000% | +0.0096% | 1h | $346K | $542K | 8x | |
| MEXC PENGU_USDT | 0.000% | +0.0100% | 4h | $12.8M | $11.3M | 125x | as long as short |
| KuCoin PENGUUSDTMshort | +0.022% | +0.0100% | 4h | $5.2M | $7.4M | 75x | |
| Kraken Futures PF_PENGUUSD | +0.037% | −0.0071% | 1h | $335K | $1.0M | 50x | as long as short |
| OKX PENGU-USDT-SWAP | +0.078% | +0.0100% | 4h | $8.2M | $44.3M | 50x | as long as short |
| Bybit PENGUUSDT | +0.100% | +0.0100% | 4h | $24.1M | $30.1M | 75x | as long as short |
| SoDEX PENGU-USD | +0.111% | +0.0100% | 1h | $1K | $14K | 5x | as long as short |
| Binance PENGUUSDT | +0.123% | +0.0100% | 4h | $38.4M | $135.8M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | +0.134% | +0.0100% | 1h | $318K | $307K | 10x | as long as short |
| Bitget PENGUUSDT | +0.189% | +0.0100% | 4h | $8.8M | $10.7M | 75x | as long as short |
| Hyperliquid PENGU | +0.201% | +0.0114% | 1h | $10.8M | $12.8M | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.802% | +0.2920% | 1h | $95K | $131K | 50x | as long as short |
| SunX PENGU-USDT | +2.306% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |