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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.485%
7d average+0.048%if it closes, per $10,000$48funding while held, a day+$0.00
Long on Variational OmniShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PENGU0.0083960.0100pay 0.0050% / 4h1h 09m$676K$287K—
ShortAster PENGUUSDT0.0084360.0100get 0.0050% / 4h1h 09m$168K$314K20x

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
$48.48
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$40.48
Spread needed to break even
0.080%
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; Aster: live order book, 44 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 46 min ago3.63 bpdoesn't fit50.8 bp −$508doesn't fitdoesn't fit
Sell Aster live order book, 44 min ago4.89 bp11.5 bp −$1228.3 bp −$283doesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.007874cheapest
Backpack0.008395+6.617%
Variational Omni0.008396+6.626%
ApeX Omni0.008408+6.782%dYdX0.008425+6.995%Pacifica0.008433+7.099%
Aster0.008436+7.142%
Extended0.008440+7.182%Bybit0.008440+7.188%Arcus0.008440+7.188%BingX0.008441+7.201%OKX0.008442+7.214%Aevo0.008442+7.214%BloFin0.008443+7.226%Orderly0.008444+7.239%Nado0.008444+7.242%Deribit0.008445+7.252%SoDEX0.008446+7.264%Hyperliquid0.008447+7.277%Binance0.008447+7.277%gTrade (Gains Network)0.008447+7.281%MEXC0.008448+7.290%GMX0.008449+7.303%Lighter0.008450+7.315%Coinbase International0.008450+7.315%Reya0.008451+7.322%Gate0.008451+7.328%Bitget0.008453+7.353%Kraken Futures0.008453+7.357%KuCoin0.008455+7.379%HTX0.008456+7.391%SunX0.008636+9.677%

PENGU on 32 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENGU/USDC PERP−6.214%+0.0033%1h$3K$116K5.5xas long as short
Backpack PENGU_USDC_PERP−0.008%+0.0100%1h$289K$256K10xas long as short
Variational Omni PENGUlong0.000%+0.0100%4h$676K$287K—
ApeX Omni PENGUUSDT+0.147%+0.0100%1h$72K$251K50xas long as short
dYdX PENGU-USD+0.347%+0.0577%1h$10K$9985xas long as short
Pacifica PENGU+0.444%+0.0100%1h$197K$122K5xas long as short
Aster PENGUUSDTshort+0.485%+0.0100%4h$168K$314K20x
Extended PENGU-USD+0.522%+0.0104%1h$161K$638K10xas long as short
Bybit PENGUUSDT+0.528%+0.0100%4h$20.8M$20.0M75xas long as short
Arcus PENGU-USD+0.528%+0.0100%1h$4K$8K5xas long as short
Show all 32 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX PENGU-USDC+0.540%+0.0100%4h—$2.3M—as long as short
OKX PENGU-USDT-SWAP+0.552%+0.0100%4h$7.1M$31.3M50xas long as short
Aevo PENGU-PERP+0.552%+0.0104%1h$195K$17K3xas long as short
BloFin PENGU-USDT+0.563%+0.0340%4h$1.5M$834K75xas long as short
Orderly PERP_PENGU_USDC+0.575%+0.0096%4h$16K$174K20xas long as short
Nado PENGU-PERP+0.578%+0.0100%1h$215K$273K5xas long as short
Deribit PENGU_USDC-PERPETUAL+0.587%0.0000%1h$21K$4K10xas long as short
SoDEX PENGU-USD+0.599%+0.0100%1h$949$14K5xas long as short
Hyperliquid PENGU+0.611%+0.0100%1h$8.1M$6.2M5xas long as short
Binance PENGUUSDT+0.611%+0.0100%4h$36.0M$97.2M75xas long as short
gTrade (Gains Network) PENGU/USD+0.615%L +0.0007% / S −0.0003%1h$32K—150xas long as short
MEXC PENGU_USDT+0.623%+0.0100%4h$11.7M$8.8M125xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.635%L +0.0384% / S −0.0362%1h$83K—100xas long as short
Lighter PENGU+0.647%+0.0096%1h$325K$396K8xas long as short
Coinbase International PENGU-PERP-INTX+0.647%+0.2088%1h$82K$185K50xas long as short
Reya PENGURUSDPERP+0.654%+0.0235%1h$285—10xas long as short
Gate PENGU_USDT+0.659%+0.0100%4h$3.6M$7.8M75xas long as short
Bitget PENGUUSDT+0.683%+0.0100%4h$8.3M$7.4M75xas long as short
Kraken Futures PF_PENGUUSD+0.686%+0.0641%1h$363K$762K50xas long as short
KuCoin PENGUUSDTM+0.706%+0.0100%4h$4.7M$6.4M75xas long as short
HTX PENGU-USDT+0.718%+0.0100%4h$94K$180K25xas long as short
SunX PENGU-USDT+2.862%+0.0100%4h$2K$1.6M10xas long as short