data as of
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Price arb /

PENGU

all PENGU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.098%7d average+0.012%fees + slippage, in and out−$41spread needed0.410%
Long on OKXShort on Nado
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PENGU-USDT-SWAP0.0086520.0100pay 0.0050% / 4h43m 34s$7.7M$34.4M50x
ShortNado PENGU-PERP0.0086600.0100get 0.0013% / 1h43m 34s$222K$294K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$9.82
Funding while held
$0
Slippage, 4 orders
−$23.99
Fee OKX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$31.17
Spread needed to break even
0.410%
Slippage from OKX: live order book, 2 min ago; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.58 bp12.2 bp −$1227.4 bp −$274doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago2.30 bp8.5 bp −$935.8 bp −$358doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
BingX0.008643cheapestBybit0.008644+0.012%Extended0.008646+0.038%01 Exchange0.008647+0.046%MEXC0.008648+0.058%Arcus0.008650+0.081%Gate0.008650+0.081%
OKX0.008652+0.104%
KuCoin0.008652+0.104%Binance0.008654+0.122%SoDEX0.008656+0.150%Aevo0.008657+0.162%Bitget0.008658+0.174%Backpack0.008658+0.174%Orderly0.008658+0.174%Pacifica0.008659+0.185%Lighter0.008660+0.197%Deribit0.008660+0.197%
Nado0.008660+0.202%
Aster0.008661+0.206%Reya0.008663+0.236%dYdX0.008665+0.256%gTrade (Gains Network)0.008666+0.266%Kraken Futures0.008666+0.269%Hyperliquid0.008667+0.278%GMX0.008670+0.312%BloFin0.008675+0.370%HTX0.008684+0.474%Variational Omni0.008694+0.584%ApeX Omni0.008700+0.659%Coinbase International0.008824+2.094%SunX0.008866+2.580%
Injective0.009211+6.572%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PENGU-USDC−0.104%+0.0100%4h—$2.3M—as long as short
Bybit PENGUUSDT−0.092%+0.0100%4h$21.7M$21.5M75xas long as short
Extended PENGU-USD−0.067%+0.0104%1h$192K$665K10xas long as short
01 Exchange PENGUUSD−0.058%−0.0064%1h$167$285xas long as short
MEXC PENGU_USDT−0.046%+0.0100%4h$12.0M$9.1M125xas long as short
Arcus PENGU-USD−0.023%+0.0100%1h$4K$9K5xas long as short
Gate PENGU_USDT−0.023%+0.0100%4h$3.8M$8.8M75xas long as short
OKX PENGU-USDT-SWAPlong0.000%+0.0100%4h$7.7M$34.4M50x
KuCoin PENGUUSDTM0.000%+0.0100%4h$4.8M$6.5M75xas long as short
Binance PENGUUSDT+0.018%+0.0100%4h$37.4M$105.4M75xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SoDEX PENGU-USD+0.046%+0.0100%1h$980$14K5xas long as short
Aevo PENGU-PERP+0.058%+0.0104%1h$200K$17K3xas long as short
Bitget PENGUUSDT+0.069%+0.0100%4h$8.6M$7.8M75xas long as short
Backpack PENGU_USDC_PERP+0.069%+0.0100%1h$299K$265K10xas long as short
Orderly PERP_PENGU_USDC+0.069%+0.0096%4h$17K$175K20xas long as short
Pacifica PENGU+0.081%+0.0100%1h$203K$124K5xas long as short
Lighter PENGU+0.092%+0.0096%1h$301K$442K8xas long as short
Deribit PENGU_USDC-PERPETUAL+0.092%−0.0212%1h$22K$4K10xas long as short
Nado PENGU-PERPshort+0.098%+0.0100%1h$222K$294K5x
Aster PENGUUSDT+0.102%+0.0100%4h$175K$318K20xas long as short
Reya PENGURUSDPERP+0.131%+0.0235%1h$293—10xas long as short
dYdX PENGU-USD+0.152%0.0000%1h$10K$1K5xas long as short
gTrade (Gains Network) PENGU/USD+0.162%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Kraken Futures PF_PENGUUSD+0.165%+0.0524%1h$364K$775K50xas long as short
Hyperliquid PENGU+0.173%+0.0100%1h$8.4M$6.5M5xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.208%L +0.0391% / S −0.0366%1h$86K—100xas long as short
BloFin PENGU-USDT+0.266%+0.0340%4h$1.5M$887K75xas long as short
HTX PENGU-USDT+0.370%+0.0100%4h$96K$183K25xas long as short
Variational Omni PENGU+0.480%+0.0100%4h$704K$298K—as long as short
ApeX Omni PENGUUSDT+0.555%+0.0100%1h$75K$250K50xas long as short
Coinbase International PENGU-PERP-INTX+1.988%+0.2520%1h$85K$190K50xas long as short
SunX PENGU-USDT+2.473%+0.0100%4h$2K$1.8M10xas long as short
Injective PENGU/USDC PERP+6.461%+0.0033%1h$3K$116K5.5xas long as short