data as of
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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−$33
spread now+0.058%7d average+0.056%fees + slippage, in and out−$34spread needed0.336%
Long on MEXCShort on Bitget
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PENGU_USDT0.0086760.0100pay 0.0050% / 4h3h 24m$11.5M$10.8M125x
ShortBitget PENGUUSDT0.0086810.0100get 0.0050% / 4h3h 24m$8.5M$9.3M75x

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
$5.76
Funding while held
$0
Slippage, 4 orders
−$21.56
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$27.8
Spread needed to break even
0.336%
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 MEXC live order book, 5 min ago0.57 bp3.5 bp −$49.1 bp −$9144.1 bp −$4,41595.6 bp −$47.8K
Sell Bitget live order book, 5 min ago1.14 bp14.6 bp −$1532.7 bp −$32798.6 bp −$9,857doesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Backpack0.008670cheapestKuCoin0.008671+0.012%Gate0.008674+0.046%
MEXC0.008676+0.069%
BingX0.008678+0.092%Aster0.008679+0.103%Bybit0.008680+0.115%Extended0.008681+0.121%Binance0.008681+0.122%
Bitget0.008681+0.127%
OKX0.008684+0.161%Hyperliquid0.008696+0.300%BloFin0.008696+0.300%Lighter0.008698+0.323%Aevo0.008705+0.404%Orderly0.008706+0.415%Deribit0.008706+0.415%Kraken Futures0.008706+0.421%SoDEX0.008707+0.427%Variational Omni0.008708+0.434%GMX0.008709+0.450%gTrade (Gains Network)0.008711+0.469%Reya0.008712+0.484%Nado0.008719+0.565%dYdX0.008724+0.623%Pacifica0.008725+0.634%HTX0.008726+0.646%01 Exchange0.008727+0.657%Arcus0.008730+0.692%ApeX Omni0.008750+0.923%Injective0.008792+1.407%SunX0.008911+2.780%Coinbase International0.008950+3.230%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack PENGU_USDC_PERP−0.069%+0.0100%1h$306K$305K10xas long as short
KuCoin PENGUUSDTM−0.058%+0.0100%4h$5.1M$7.0M75xas long as short
Gate PENGU_USDT−0.023%−0.0050%4h$3.7M$12.0M75xas long as short
MEXC PENGU_USDTlong0.000%+0.0100%4h$11.5M$10.8M125x
BingX PENGU-USDT+0.023%+0.0100%4h—$4.1M—as long as short
Aster PENGUUSDT+0.034%+0.0100%4h$179K$341K20xas long as short
Bybit PENGUUSDT+0.046%+0.0100%4h$22.5M$26.0M75xas long as short
Extended PENGU-USD+0.052%+0.0104%1h$178K$679K10xas long as short
Binance PENGUUSDT+0.053%+0.0100%4h$37.2M$125.2M75xas long as short
Bitget PENGUUSDTshort+0.058%+0.0100%4h$8.5M$9.3M75x
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX PENGU-USDT-SWAP+0.092%+0.0100%4h$7.7M$39.8M50xas long as short
Hyperliquid PENGU+0.231%+0.0565%1h$9.7M$9.3M5xas long as short
BloFin PENGU-USDT+0.231%+0.0340%4h$1.6M$1.5M75xas long as short
Lighter PENGU+0.254%+0.0096%1h$310K$471K8xas long as short
Aevo PENGU-PERP+0.334%+0.0104%1h$201K$17K3xas long as short
Orderly PERP_PENGU_USDC+0.346%+0.0098%4h$16K$186K20xas long as short
Deribit PENGU_USDC-PERPETUAL+0.346%0.0000%1h$20K$7K10xas long as short
Kraken Futures PF_PENGUUSD+0.351%+0.0121%1h$365K$852K50xas long as short
SoDEX PENGU-USD+0.357%+0.0100%1h$975$14K5xas long as short
Variational Omni PENGU+0.365%+0.0100%4h$678K$389K—as long as short
GMX PENGU/USD [WBTC.b-USDC]+0.380%L +0.0494% / S −0.0660%1h$110K—100xas long as short
gTrade (Gains Network) PENGU/USD+0.400%L +0.0007% / S −0.0003%1h$34K—150xas long as short
Reya PENGURUSDPERP+0.415%+0.0235%1h$294—10xas long as short
Nado PENGU-PERP+0.496%+0.0100%1h$636K$627K5xas long as short
dYdX PENGU-USD+0.553%+0.9591%1h$12K$4K5xas long as short
Pacifica PENGU+0.565%+0.0100%1h$204K$129K5xas long as short
HTX PENGU-USDT+0.576%+0.0100%4h$101K$221K25xas long as short
01 Exchange PENGUUSD+0.588%+0.0248%1h$168$285xas long as short
Arcus PENGU-USD+0.622%+0.0100%1h$19K$25K5xas long as short
ApeX Omni PENGUUSDT+0.853%+0.0100%1h$80K$253K50xas long as short
Injective PENGU/USDC PERP+1.337%+0.5000%1h$3K$91K5.5xas long as short
SunX PENGU-USDT+2.709%+0.0100%4h$3K$2.0M10xas long as short
Coinbase International PENGU-PERP-INTX+3.158%+0.2912%1h$95K$133K50xas long as short