After costs, if the gap returns to its 7d average, $10k−$56
spread now0.000%7d average+0.021%fees + slippage, in and out−$54spread needed0.536%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENGU_USDT | 0.008884 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $12.5M | $10.5M | 125x |
| Short | KuCoin PENGUUSDTM | 0.008884 | 0.0100 | get 0.0050% / 4h | 3h 41m | $5.1M | $6.9M | 75x |
Price 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
- $0
- Funding while held
- $0
- Slippage, 4 orders
- −$41.64
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.64
- Spread needed to break even
- 0.536%
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 3 min ago | 0.56 bp | 4.1 bp −$4 | 13.4 bp −$134 | 51.1 bp −$5,115 | 109.8 bp −$54.9K |
| Sell KuCoin live order book, 3 min ago | 3.90 bp | 21.8 bp −$22 | 56.8 bp −$568 | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.169% | +0.0100% | 4h | $23.3M | $25.0M | 75x | as long as short |
| Gate PENGU_USDT | −0.146% | +0.0100% | 4h | $4.0M | $11.2M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.090% | +0.0100% | 1h | $311K | $294K | 10x | as long as short |
| BingX PENGU-USDC | −0.079% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Pacifica PENGU | −0.045% | +0.0100% | 1h | $208K | $128K | 5x | as long as short |
| Binance PENGUUSDT | −0.023% | +0.0100% | 4h | $38.7M | $122.3M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.023% | +0.0100% | 4h | $8.0M | $39.7M | 50x | as long as short |
| MEXC PENGU_USDTlong | 0.000% | +0.0100% | 4h | $12.5M | $10.5M | 125x | |
| KuCoin PENGUUSDTMshort | 0.000% | +0.0100% | 4h | $5.1M | $6.9M | 75x | |
| Lighter PENGU | +0.023% | +0.0096% | 1h | $314K | $463K | 8x | as long as short |
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bybit
Gate
Backpack
BingX
Pacifica
Binance
OKX
Lighter
Extended
Aster
Hyperliquid
SoDEX
Deribit
Bitget
Kraken Futures
GMX
gTrade (Gains Network)
ApeX Omni
Variational Omni
HTX
Injective
BloFin
Coinbase International
SunX