After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.115%7d average−0.005%fees + slippage, in and out−$44spread needed0.443%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENGU-USDT-SWAP | 0.008709 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $8.1M | $41.1M | 50x |
| Short | BingX PENGU-USDT | 0.008719 | 0.0100 | get 0.0050% / 4h | 1h 30m | — | $3.9M | — |
OKX PENGU-USDT-SWAP
BingX 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
- $11.48
- Funding while held
- $0
- Slippage, 4 orders
- −$24.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$32.85
- Spread needed to break even
- 0.443%
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 10 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 OKX live order book, 4 min ago | 0.57 bp | 13.8 bp −$14 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.30 bp | 11.1 bp −$11 | 17.4 bp −$174 | 44.9 bp −$4,486 | 292.5 bp −$146.2K |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.008701cheapest
BybitOKX0.008709+0.092%
Extended0.008709+0.095%Binance0.008711+0.118%ApeX Omni0.008712+0.126%MEXC0.008714+0.149%Bitget0.008714+0.149%KuCoin0.008715+0.161%Variational Omni0.008717+0.182%Gate0.008717+0.184%Pacifica0.008719+0.207%
Extended
Binance
ApeX Omni
MEXC
Bitget
KuCoin
Variational Omni
Gate
PacificaBingX0.008719+0.207%
Arcus0.008720+0.218%Nado0.008720+0.224%dYdX0.008724+0.264%Backpack0.008724+0.264%Reya0.008724+0.266%Aevo0.008727+0.299%GMX0.008728+0.310%BloFin0.008728+0.310%Aster0.008728+0.311%gTrade (Gains Network)0.008729+0.322%SoDEX0.008729+0.322%01 Exchange0.008730+0.333%Orderly0.008730+0.333%Lighter0.008731+0.345%HTX0.008731+0.345%Hyperliquid0.008732+0.356%Deribit0.008733+0.368%Kraken Futures0.008736+0.399%Injective0.008792+1.046%Coinbase International0.008859+1.816%SunX0.008933+2.666%
Arcus
Nado
dYdX
Backpack
Reya
Aevo
GMX
BloFin
Aster
gTrade (Gains Network)
SoDEX
Orderly
Lighter
HTX
Hyperliquid
Deribit
Kraken Futures
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.092% | +0.0100% | 4h | $22.2M | $27.7M | 75x | as long as short |
| OKX PENGU-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $8.1M | $41.1M | 50x | |
| Extended PENGU-USD | +0.003% | +0.0104% | 1h | $179K | $678K | 10x | as long as short |
| Binance PENGUUSDT | +0.026% | +0.0100% | 4h | $37.0M | $130.2M | 75x | as long as short |
| ApeX Omni PENGUUSDT | +0.034% | +0.0100% | 1h | $80K | $252K | 50x | as long as short |
| MEXC PENGU_USDT | +0.057% | +0.0100% | 4h | $11.3M | $10.8M | 125x | as long as short |
| Bitget PENGUUSDT | +0.057% | +0.0100% | 4h | $8.5M | $9.9M | 75x | as long as short |
| KuCoin PENGUUSDTM | +0.069% | +0.0100% | 4h | $5.2M | $7.2M | 75x | as long as short |
| Variational Omni PENGU | +0.090% | +0.0100% | 4h | $777K | $526K | — | as long as short |
| Gate PENGU_USDT | +0.092% | −0.0104% | 4h | $3.6M | $12.9M | 75x | as long as short |