After costs, if the gap returns to its 7d average, $10k−$134
spread now+2.274%7d average+0.725%fees + slippage, in and out−$289spread needed2.890%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.008751 | 0.0100 | pay 0.0013% / 1h | 29m 09s | $205K | $129K | 5x |
| Short | Coinbase International PENGU-PERP-INTX | 0.008950 | 0.2912 | get 0.0364% / 1h | 29m 09s | $95K | $133K | 50x |
Pacifica PENGU
Coinbase International PENGU-PERP-INTXPrice 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
- $227.4
- Funding while held
- $84.36
- Slippage, 4 orders
- −$271.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $22.75
- Spread needed to break even
- 2.890%
Slippage from Pacifica: live order book, 15 min ago; Coinbase International: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.2812%
- Per $10,000 a day
- +$84.36
- 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, 15 min ago | 2.78 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 15 min ago | 93.16 bp | 130.8 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Arcus0.008740cheapestOrderly0.008744+0.046%Extended0.008745+0.052%KuCoin0.008745+0.057%Aevo0.008745+0.057%GMX0.008746+0.069%gTrade (Gains Network)0.008746+0.071%Gate0.008747+0.080%Deribit0.008747+0.080%Reya0.008748+0.095%BingX0.008750+0.114%dYdX0.008751+0.121%
Arcus
Orderly
Extended
KuCoin
Aevo
GMX
gTrade (Gains Network)
Gate
Deribit
Reya
BingX
dYdXPacifica0.008751+0.126%
Bybit0.008751+0.126%SoDEX0.008751+0.126%01 Exchange0.008752+0.137%Aster0.008752+0.141%Backpack0.008755+0.172%OKX0.008757+0.195%Kraken Futures0.008759+0.212%Binance0.008759+0.216%MEXC0.008759+0.217%BloFin0.008761+0.240%Nado0.008766+0.295%Bitget0.008766+0.297%Lighter0.008767+0.309%Hyperliquid0.008772+0.366%HTX0.008774+0.389%Variational Omni0.008791+0.583%Injective0.008792+0.595%ApeX Omni0.008816+0.870%
Bybit
SoDEX
Aster
Backpack
OKX
Kraken Futures
Binance
MEXC
BloFin
Nado
Bitget
Lighter
Hyperliquid
HTX
Variational Omni
Injective
ApeX OmniCoinbase International0.008950+2.403%
SunX0.008954+2.449%
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus PENGU-USD | −0.126% | +0.0100% | 1h | $19K | $25K | 5x | as long as short |
| Orderly PERP_PENGU_USDC | −0.080% | +0.0098% | 4h | $16K | $186K | 20x | as long as short |
| Extended PENGU-USD | −0.073% | +0.0104% | 1h | $182K | $678K | 10x | as long as short |
| KuCoin PENGUUSDTM | −0.069% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |
| Aevo PENGU-PERP | −0.069% | +0.0104% | 1h | $202K | $17K | 3x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.057% | L +0.0495% / S −0.0660% | 1h | $110K | — | 100x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.055% | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Gate PENGU_USDT | −0.046% | +0.0012% | 4h | $3.7M | $11.9M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.046% | −0.0207% | 1h | $20K | $7K | 10x | as long as short |
| Reya PENGURUSDPERP | −0.030% | +0.0235% | 1h | $295 | — | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX PENGU-USDC | −0.011% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| dYdX PENGU-USD | −0.005% | +0.7416% | 1h | $12K | $4K | 5x | as long as short |
| Pacifica PENGUlong | 0.000% | +0.0100% | 1h | $205K | $129K | 5x | |
| Bybit PENGUUSDT | 0.000% | +0.0100% | 4h | $23.1M | $25.5M | 75x | as long as short |
| SoDEX PENGU-USD | 0.000% | +0.0100% | 1h | $978 | $14K | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.011% | +0.0248% | 1h | $169 | $28 | 5x | as long as short |
| Aster PENGUUSDT | +0.015% | +0.0100% | 4h | $181K | $338K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | +0.046% | +0.0100% | 1h | $307K | $306K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | +0.069% | +0.0100% | 4h | $7.9M | $39.9M | 50x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.086% | +0.0121% | 1h | $366K | $853K | 50x | as long as short |
| Binance PENGUUSDT | +0.090% | +0.0100% | 4h | $37.6M | $124.5M | 75x | as long as short |
| MEXC PENGU_USDT | +0.091% | +0.0100% | 4h | $11.7M | $10.8M | 125x | as long as short |
| BloFin PENGU-USDT | +0.114% | +0.0340% | 4h | $1.6M | $1.5M | 75x | as long as short |
| Nado PENGU-PERP | +0.169% | +0.0100% | 1h | $640K | $629K | 5x | as long as short |
| Bitget PENGUUSDT | +0.171% | +0.0100% | 4h | $8.6M | $9.3M | 75x | as long as short |
| Lighter PENGU | +0.183% | +0.0096% | 1h | $312K | $470K | 8x | as long as short |
| Hyperliquid PENGU | +0.240% | +0.0629% | 1h | $9.8M | $9.3M | 5x | as long as short |
| HTX PENGU-USDT | +0.263% | +0.0100% | 4h | $96K | $210K | 25x | as long as short |
| Variational Omni PENGU | +0.457% | +0.0100% | 4h | $697K | $374K | — | as long as short |
| Injective PENGU/USDC PERP | +0.469% | +0.5000% | 1h | $3K | $91K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | +0.743% | +0.0100% | 1h | $81K | $252K | 50x | as long as short |
| Coinbase International PENGU-PERP-INTXshort | +2.274% | +0.2912% | 1h | $95K | $133K | 50x | |
| SunX PENGU-USDT | +2.320% | +0.0100% | 4h | $3K | $2.0M | 10x | as long as short |