After costs, if the gap returns to its 7d average, $10k−$82
spread now−0.223%7d average+0.027%fees + slippage, in and out−$57spread needed0.567%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.008526 | 0.0100 | pay 0.0013% / 1h | 4m 16s | $199K | $122K | 5x |
| Short | Lighter PENGU | 0.008507 | 0.0096 | get 0.0012% / 1h | 4m 16s | $297K | $438K | 8x |
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
- −$22.28
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$48.71
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$79.11
- Spread needed to break even
- 0.567%
Slippage from Pacifica: live order book, 50 min ago; Lighter: live order book, 42 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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, 50 min ago | 3.66 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 42 min ago | 4.85 bp | 14.8 bp −$15 | 87.6 bp −$876 | doesn't fit | 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 | −7.647% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.399% | +0.0100% | 1h | $73K | $250K | 50x | as long as short |
| Bybit PENGUUSDT | −0.340% | +0.0100% | 4h | $21.0M | $20.2M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.328% | L +0.0385% / S −0.0362% | 1h | $84K | — | 100x | as long as short |
| Binance PENGUUSDT | −0.307% | +0.0100% | 4h | $36.4M | $99.0M | 75x | as long as short |
| Aevo PENGU-PERP | −0.305% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.296% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| Variational Omni PENGU | −0.294% | +0.0100% | 4h | $684K | $284K | — | as long as short |
| OKX PENGU-USDT-SWAP | −0.281% | +0.0100% | 4h | $7.2M | $31.8M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.281% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |
Pacifica PENGU
Lighter PENGU
Injective
ApeX Omni
Bybit
GMX
Binance
Extended
Variational Omni
OKX
KuCoin
BingX
Deribit
gTrade (Gains Network)
Gate
Bitget
MEXC
Kraken Futures
Aster
Hyperliquid
HTX
Backpack
SoDEX
BloFin
Coinbase International
SunX