After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.035%7d average−0.003%fees + slippage, in and out−$31spread needed0.308%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENGU-USDT-SWAP | 0.008652 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $7.7M | $39.7M | 50x |
| Short | MEXC PENGU_USDT | 0.008655 | 0.0100 | get 0.0050% / 4h | 2h 58m | $11.3M | $10.3M | 125x |
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
- $3.47
- Funding while held
- $0
- Slippage, 4 orders
- −$20.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.38
- Spread needed to break even
- 0.308%
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago | 0.58 bp | 12.4 bp −$12 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.31 bp | 2.7 bp −$3 | 7.9 bp −$79 | 49.3 bp −$4,926 | 102.7 bp −$51.4K |
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 | |
|---|---|---|---|---|---|---|---|
| Backpack PENGU_USDC_PERP | −0.046% | −0.0381% | 1h | $307K | $309K | 10x | as long as short |
| Bybit PENGUUSDT | 0.000% | +0.0100% | 4h | $22.1M | $26.7M | 75x | as long as short |
| OKX PENGU-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $7.7M | $39.7M | 50x | |
| Orderly PERP_PENGU_USDC | 0.000% | +0.0098% | 4h | $16K | $184K | 20x | as long as short |
| SoDEX PENGU-USD | +0.012% | +0.0100% | 1h | $966 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.023% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| BloFin PENGU-USDT | +0.023% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
| Reya PENGURUSDPERP | +0.034% | +0.0235% | 1h | $292 | — | 10x | as long as short |
| MEXC PENGU_USDTshort | +0.035% | +0.0100% | 4h | $11.3M | $10.3M | 125x | |
| Aevo PENGU-PERP | +0.035% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
Backpack
Bybit
SoDEX
Deribit
BloFin
Gate
KuCoin
Binance
BingX
Extended
GMX
gTrade (Gains Network)
Bitget
Kraken Futures
Hyperliquid
Pacifica
Lighter
ApeX Omni
Variational Omni
Aster
HTX
Injective
Coinbase International
SunX