After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.092%7d average−0.045%fees + slippage, in and out−$45spread needed0.449%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENGU-USDT-SWAP | 0.008662 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $7.7M | $39.6M | 50x |
| Short | Bybit PENGUUSDT | 0.008670 | 0.0100 | get 0.0050% / 4h | 3h 24m | $22.4M | $26.0M | 75x |
OKX PENGU-USDT-SWAP
Bybit PENGUUSDTPrice 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
- $9.24
- Funding while held
- $0
- Slippage, 4 orders
- −$23.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.65
- Spread needed to break even
- 0.449%
Slippage from OKX: live order book, 5 min ago; Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 0.57 bp | 11.0 bp −$11 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.57 bp | 11.6 bp −$12 | 30.4 bp −$304 | 109.5 bp −$10.9K | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Gate0.008658cheapest
GateOKX0.008662+0.046%
Extended0.008663+0.056%BingX0.008665+0.081%KuCoin0.008669+0.127%
Extended
BingX
KuCoinBybit0.008670+0.139%
Arcus0.008670+0.139%Backpack0.008670+0.139%01 Exchange0.008673+0.173%MEXC0.008673+0.173%Bitget0.008674+0.185%Pacifica0.008676+0.208%dYdX0.008676+0.211%Aster0.008678+0.229%Binance0.008680+0.255%Lighter0.008690+0.370%Hyperliquid0.008696+0.439%BloFin0.008696+0.439%Aevo0.008705+0.543%Orderly0.008706+0.554%Deribit0.008706+0.554%Kraken Futures0.008706+0.560%SoDEX0.008707+0.566%Variational Omni0.008708+0.573%GMX0.008709+0.589%gTrade (Gains Network)0.008711+0.608%Reya0.008712+0.623%Nado0.008719+0.705%HTX0.008726+0.785%ApeX Omni0.008750+1.063%Injective0.008792+1.548%SunX0.008911+2.922%Coinbase International0.008950+3.373%
Arcus
Backpack
MEXC
Bitget
Pacifica
dYdX
Aster
Binance
Lighter
Hyperliquid
BloFin
Aevo
Orderly
Deribit
Kraken Futures
SoDEX
Variational Omni
GMX
gTrade (Gains Network)
Reya
Nado
HTX
ApeX Omni
Injective
SunX
Coinbase InternationalPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.046% | −0.0038% | 4h | $3.7M | $12.0M | 75x | as long as short |
| OKX PENGU-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $7.7M | $39.6M | 50x | |
| Extended PENGU-USD | +0.010% | +0.0104% | 1h | $178K | $679K | 10x | as long as short |
| BingX PENGU-USDT | +0.035% | +0.0100% | 4h | — | $4.1M | — | as long as short |
| KuCoin PENGUUSDTM | +0.081% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| Bybit PENGUUSDTshort | +0.092% | +0.0100% | 4h | $22.4M | $26.0M | 75x | |
| Arcus PENGU-USD | +0.092% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | +0.092% | +0.0100% | 1h | $306K | $305K | 10x | as long as short |
| 01 Exchange PENGUUSD | +0.127% | +0.0248% | 1h | $167 | $28 | 5x | as long as short |
| MEXC PENGU_USDT | +0.127% | +0.0100% | 4h | $11.5M | $10.8M | 125x | as long as short |