After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.046%7d average−0.051%fees + slippage, in and out−$44spread needed0.437%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENGU | 0.008768 | 0.0096 | pay 0.0012% / 1h | 24m 39s | $316K | $493K | 8x |
| Short | MEXC PENGU_USDT | 0.008772 | 0.0100 | get 0.0050% / 4h | 1h 24m | $11.4M | $10.8M | 125x |
Lighter PENGU
MEXC 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
- $4.56
- Funding while held
- $0.12
- Slippage, 4 orders
- −$43.68
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$39
- Spread needed to break even
- 0.437%
Slippage from Lighter: live order book, 2 min ago; MEXC: 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, 2 min ago | 1.71 bp | 27.2 bp −$27 | 98.8 bp −$988 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.57 bp | 3.4 bp −$3 | 14.4 bp −$144 | 61.6 bp −$6,157 | 131.8 bp −$65.9K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.008726cheapestBackpack0.008729+0.034%GMX0.008730+0.046%SoDEX0.008731+0.057%Deribit0.008731+0.057%Aevo0.008732+0.069%Reya0.008733+0.085%gTrade (Gains Network)0.008734+0.089%Orderly0.008735+0.103%Nado0.008736+0.117%Kraken Futures0.008738+0.138%ApeX Omni0.008740+0.160%Aster0.008746+0.229%KuCoin0.008763+0.424%Pacifica0.008766+0.458%Binance0.008768+0.480%
BloFin
Backpack
GMX
SoDEX
Deribit
Aevo
Reya
gTrade (Gains Network)
Orderly
Nado
Kraken Futures
ApeX Omni
Aster
KuCoin
Pacifica
BinanceLighter0.008768+0.481%
BingX0.008768+0.481%Bybit0.008769+0.493%Gate0.008770+0.504%dYdX0.008771+0.513%
BingX
Bybit
Gate
dYdXMEXC0.008772+0.527%
Hyperliquid0.008775+0.562%Variational Omni0.008777+0.583%Arcus0.008780+0.619%Extended0.008781+0.627%OKX0.008782+0.642%HTX0.008782+0.642%01 Exchange0.008787+0.699%Bitget0.008789+0.722%Injective0.008792+0.756%Coinbase International0.008859+1.524%SunX0.008944+2.498%
Hyperliquid
Variational Omni
Arcus
Extended
OKX
HTX
Bitget
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.479% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.445% | +0.0100% | 1h | $308K | $306K | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.433% | L +0.0505% / S −0.0698% | 1h | $112K | — | 100x | as long as short |
| SoDEX PENGU-USD | −0.422% | +0.0100% | 1h | $987 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.422% | 0.0000% | 1h | $20K | $7K | 10x | as long as short |
| Aevo PENGU-PERP | −0.411% | +0.0104% | 1h | $202K | $17K | 3x | as long as short |
| Reya PENGURUSDPERP | −0.394% | +0.0236% | 1h | $295 | — | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.391% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Orderly PERP_PENGU_USDC | −0.376% | +0.0096% | 4h | $21K | $187K | 20x | as long as short |
| Nado PENGU-PERP | −0.362% | +0.0100% | 1h | $640K | $686K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PENGUUSD | −0.342% | −0.0073% | 1h | $310K | $982K | 50x | as long as short |
| ApeX Omni PENGUUSDT | −0.319% | +0.0100% | 1h | $80K | $252K | 50x | as long as short |
| Aster PENGUUSDT | −0.251% | +0.0100% | 4h | $181K | $369K | 20x | as long as short |
| KuCoin PENGUUSDTM | −0.057% | +0.0100% | 4h | $5.2M | $7.2M | 75x | as long as short |
| Pacifica PENGU | −0.023% | +0.0100% | 1h | $207K | $133K | 5x | as long as short |
| Binance PENGUUSDT | −0.002% | +0.0100% | 4h | $37.3M | $130.5M | 75x | as long as short |
| Lighter PENGUlong | 0.000% | +0.0096% | 1h | $316K | $493K | 8x | |
| BingX PENGU-USDC | 0.000% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | +0.011% | +0.0100% | 4h | $22.4M | $27.7M | 75x | as long as short |
| Gate PENGU_USDT | +0.023% | −0.0088% | 4h | $3.6M | $12.9M | 75x | as long as short |
| dYdX PENGU-USD | +0.032% | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| MEXC PENGU_USDTshort | +0.046% | +0.0100% | 4h | $11.4M | $10.8M | 125x | |
| Hyperliquid PENGU | +0.080% | +0.0100% | 1h | $9.8M | $12.1M | 5x | as long as short |
| Variational Omni PENGU | +0.101% | +0.0100% | 4h | $782K | $526K | — | as long as short |
| Arcus PENGU-USD | +0.137% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| Extended PENGU-USD | +0.145% | +0.0104% | 1h | $180K | $678K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | +0.160% | +0.0100% | 4h | $8.1M | $41.5M | 50x | as long as short |
| HTX PENGU-USDT | +0.160% | +0.0100% | 4h | $98K | $234K | 25x | as long as short |
| 01 Exchange PENGUUSD | +0.217% | +0.0184% | 1h | $201 | $59 | 5x | as long as short |
| Bitget PENGUUSDT | +0.240% | +0.0100% | 4h | $8.5M | $9.9M | 75x | as long as short |
| Injective PENGU/USDC PERP | +0.274% | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.038% | +0.2920% | 1h | $93K | $128K | 50x | as long as short |
| SunX PENGU-USDT | +2.007% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |