After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.244%7d average−0.021%fees + slippage, in and out−$28spread needed0.276%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PENGU-PERP | 0.008607 | 0.0100 | pay 0.0013% / 1h | 42m 07s | $221K | $296K | 5x |
| Short | MEXC PENGU_USDT | 0.008586 | 0.0100 | get 0.0050% / 4h | 42m 07s | $11.7M | $9.2M | 125x |
Nado PENGU-PERP
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
- −$24.4
- Funding while held
- $0
- Slippage, 4 orders
- −$20.61
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$52.01
- Spread needed to break even
- 0.276%
Slippage from Nado: live order book, 7 min ago; MEXC: 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 Nado live order book, 7 min ago | 2.30 bp | 10.3 bp −$10 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.58 bp | 3.7 bp −$4 | 18.1 bp −$181 | 66.8 bp −$6,682 | 135.0 bp −$67.5K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.BingX0.008578cheapestBybit0.008580+0.023%Gate0.008581+0.035%Orderly0.008581+0.035%Backpack0.008582+0.047%KuCoin0.008584+0.070%Deribit0.008584+0.070%Extended0.008584+0.074%Aster0.008585+0.078%OKX0.008585+0.082%Aevo0.008585+0.082%
BingX
Bybit
Gate
Orderly
Backpack
KuCoin
Deribit
Extended
Aster
OKX
AevoMEXC0.008586+0.093%
Hyperliquid0.008587+0.105%SoDEX0.008587+0.105%Lighter0.008588+0.117%Bitget0.008589+0.128%Binance0.008590+0.140%Kraken Futures0.008592+0.160%GMX0.008592+0.163%gTrade (Gains Network)0.008595+0.198%Reya0.008598+0.238%
Hyperliquid
SoDEX
Lighter
Bitget
Binance
Kraken Futures
GMX
gTrade (Gains Network)
ReyaNado0.008607+0.338%
BloFin0.008619+0.478%dYdX0.008624+0.538%Pacifica0.008626+0.560%01 Exchange0.008629+0.595%Arcus0.008630+0.606%HTX0.008637+0.688%ApeX Omni0.008670+1.073%Variational Omni0.008694+1.346%SunX0.008791+2.483%Coinbase International0.008824+2.868%
BloFin
dYdX
Pacifica
Arcus
HTX
ApeX Omni
Variational Omni
SunX
Coinbase InternationalInjective0.009211+7.379%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.337% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Bybit PENGUUSDT | −0.314% | +0.0100% | 4h | $21.5M | $21.5M | 75x | as long as short |
| Gate PENGU_USDT | −0.302% | +0.0100% | 4h | $3.8M | $8.9M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.302% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | −0.290% | +0.0091% | 1h | $299K | $266K | 10x | as long as short |
| KuCoin PENGUUSDTM | −0.267% | +0.0100% | 4h | $4.8M | $6.6M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.267% | −0.0332% | 1h | $21K | $4K | 10x | as long as short |
| Extended PENGU-USD | −0.263% | +0.0104% | 1h | $190K | $665K | 10x | as long as short |
| Aster PENGUUSDT | −0.260% | +0.0100% | 4h | $173K | $318K | 20x | as long as short |
| OKX PENGU-USDT-SWAP | −0.256% | +0.0100% | 4h | $7.5M | $34.3M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PENGU-PERP | −0.256% | +0.0104% | 1h | $198K | $17K | 3x | as long as short |
| MEXC PENGU_USDTshort | −0.244% | +0.0100% | 4h | $11.7M | $9.2M | 125x | |
| Hyperliquid PENGU | −0.232% | +0.0100% | 1h | $8.3M | $6.5M | 5x | as long as short |
| SoDEX PENGU-USD | −0.232% | +0.0100% | 1h | $972 | $14K | 5x | as long as short |
| Lighter PENGU | −0.221% | +0.0096% | 1h | $299K | $442K | 8x | as long as short |
| Bitget PENGUUSDT | −0.209% | +0.0100% | 4h | $8.5M | $7.9M | 75x | as long as short |
| Binance PENGUUSDT | −0.198% | +0.0100% | 4h | $37.1M | $106.2M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | −0.177% | +0.0529% | 1h | $362K | $784K | 50x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.174% | L +0.0390% / S −0.0366% | 1h | $85K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.140% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Reya PENGURUSDPERP | −0.100% | +0.0235% | 1h | $290 | — | 10x | as long as short |
| Nado PENGU-PERPlong | 0.000% | +0.0100% | 1h | $221K | $296K | 5x | |
| BloFin PENGU-USDT | +0.139% | +0.0340% | 4h | $1.5M | $882K | 75x | as long as short |
| dYdX PENGU-USD | +0.199% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Pacifica PENGU | +0.221% | +0.0100% | 1h | $202K | $124K | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.256% | −0.0064% | 1h | $166 | $28 | 5x | as long as short |
| Arcus PENGU-USD | +0.267% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| HTX PENGU-USDT | +0.349% | +0.0100% | 4h | $96K | $183K | 25x | as long as short |
| ApeX Omni PENGUUSDT | +0.732% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Variational Omni PENGU | +1.005% | +0.0100% | 4h | $704K | $298K | — | as long as short |
| SunX PENGU-USDT | +2.138% | +0.0100% | 4h | $3K | $1.8M | 10x | as long as short |
| Coinbase International PENGU-PERP-INTX | +2.521% | +0.2520% | 1h | $85K | $189K | 50x | as long as short |
| Injective PENGU/USDC PERP | +7.018% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |