After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.085%7d average+0.029%fees + slippage, in and out−$52spread needed0.517%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.008276 | 0.0100 | pay 0.0013% / 1h | 59m 43s | $193K | $121K | 5x |
| Short | Bitget PENGUUSDT | 0.008283 | 0.0100 | get 0.0050% / 4h | 1h 59m | $8.2M | $7.3M | 75x |
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
- $8.46
- Funding while held
- $0
- Slippage, 4 orders
- −$31.74
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$43.29
- Spread needed to break even
- 0.517%
Slippage from Pacifica: live order book, 60 min ago; Bitget: 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 Pacifica live order book, 60 min ago | 2.40 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.60 bp | 13.9 bp −$14 | 23.2 bp −$232 | 71.7 bp −$7,173 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.857% | +0.0033% | 1h | $3K | $153K | 5.5x | as long as short |
| Bybit PENGUUSDT | −0.085% | +0.0100% | 4h | $20.3M | $19.8M | 75x | as long as short |
| Aevo PENGU-PERP | −0.048% | +0.0104% | 1h | $191K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.044% | +0.0104% | 1h | $159K | $635K | 10x | as long as short |
| Binance PENGUUSDT | −0.036% | +0.0100% | 4h | $35.0M | $93.7M | 75x | as long as short |
| Gate PENGU_USDT | −0.036% | +0.0100% | 4h | $3.4M | $7.0M | 75x | as long as short |
| Backpack PENGU_USDC_PERP | −0.036% | +0.0100% | 1h | $285K | $256K | 10x | as long as short |
| SoDEX PENGU-USD | −0.024% | +0.0100% | 1h | $922 | $14K | 5x | as long as short |
| Orderly PERP_PENGU_USDC | −0.012% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Pacifica PENGUlong | 0.000% | +0.0100% | 1h | $193K | $121K | 5x |
Pacifica PENGU
Bitget PENGUUSDT
Injective
Bybit
Extended
Binance
Gate
Backpack
SoDEX
OKX
BingX
Deribit
MEXC
KuCoin
GMX
Aster
gTrade (Gains Network)
Kraken Futures
Hyperliquid
Lighter
BloFin
ApeX Omni
Variational Omni
HTX
Coinbase International
SunX