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)+1.561%
7d average+0.775%if it closes, per $10,000$156funding while held, a day+$72.60
Long on Variational OmniShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PENGU0.0086630.0100pay 0.0050% / 4h13m 07s$677K$335K—
ShortCoinbase International PENGU-PERP-INTX0.0087980.2520get 0.0315% / 1h13m 07s$93K$135K50x

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
$156.11
Funding while held
$72.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$218.71
Spread needed to break even
0.100%
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; Coinbase International: live order book, 36 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.2420%
Per $10,000 a day
+$72.60
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, 37 min ago4.01 bpdoesn't fit36.1 bp −$361doesn't fitdoesn't fit
Sell Coinbase International live order book, 36 min ago120.12 bp125.1 bp −$125doesn't fitdoesn't fitdoesn't fit

PENGU price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni0.008663cheapest
ApeX Omni0.008692+0.337%01 Exchange0.008702+0.453%Reya0.008708+0.525%Arcus0.008710+0.545%Pacifica0.008714+0.591%dYdX0.008715+0.600%Aster0.008715+0.600%SoDEX0.008718+0.638%Extended0.008718+0.639%Bybit0.008719+0.649%Gate0.008719+0.649%Nado0.008719+0.655%Backpack0.008720+0.661%Aevo0.008720+0.661%Deribit0.008720+0.661%OKX0.008721+0.672%GMX0.008721+0.672%BloFin0.008722+0.684%KuCoin0.008723+0.695%BingX0.008723+0.695%HTX0.008723+0.695%MEXC0.008724+0.707%Orderly0.008724+0.707%Binance0.008725+0.718%gTrade (Gains Network)0.008725+0.724%Hyperliquid0.008728+0.753%Lighter0.008728+0.753%Bitget0.008733+0.811%Kraken Futures0.008734+0.824%
Coinbase International0.008798+1.561%
SunX0.008929+3.073%
Injective0.009138+5.486%

PENGU on 33 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni PENGUlong0.000%+0.0100%4h$677K$335K—
ApeX Omni PENGUUSDT+0.337%+0.0100%1h$75K$251K50xas long as short
01 Exchange PENGUUSD+0.453%−0.0080%1h$168$285xas long as short
Reya PENGURUSDPERP+0.525%+0.0235%1h$294—10xas long as short
Arcus PENGU-USD+0.545%+0.0100%1h$4K$9K5xas long as short
Pacifica PENGU+0.591%+0.0100%1h$204K$125K5xas long as short
dYdX PENGU-USD+0.600%0.0000%1h$10K$1K5xas long as short
Aster PENGUUSDT+0.600%+0.0100%4h$175K$326K20xas long as short
SoDEX PENGU-USD+0.638%+0.0100%1h$988$14K5xas long as short
Extended PENGU-USD+0.639%+0.0104%1h$193K$665K10xas long as short
Show all 33 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PENGUUSDT+0.649%+0.0100%4h$22.0M$22.6M75xas long as short
Gate PENGU_USDT+0.649%+0.0100%4h$3.8M$10.0M75xas long as short
Nado PENGU-PERP+0.655%+0.0100%1h$479K$477K5xas long as short
Backpack PENGU_USDC_PERP+0.661%−0.0112%1h$305K$282K10xas long as short
Aevo PENGU-PERP+0.661%+0.0104%1h$201K$17K3xas long as short
Deribit PENGU_USDC-PERPETUAL+0.661%0.0000%1h$22K$4K10xas long as short
OKX PENGU-USDT-SWAP+0.672%+0.0100%4h$7.6M$36.6M50xas long as short
GMX PENGU/USD [WBTC.b-USDC]+0.672%L +0.0479% / S −0.0525%1h$111K—100xas long as short
BloFin PENGU-USDT+0.684%+0.0340%4h$1.5M$933K75xas long as short
KuCoin PENGUUSDTM+0.695%+0.0100%4h$5.0M$6.7M75xas long as short
BingX PENGU-USDT+0.695%+0.0100%4h—$3.8M—as long as short
HTX PENGU-USDT+0.695%+0.0100%4h$97K$182K25xas long as short
MEXC PENGU_USDT+0.707%+0.0100%4h$13.9M$10.0M125xas long as short
Orderly PERP_PENGU_USDC+0.707%+0.0098%4h$21K$179K20xas long as short
Binance PENGUUSDT+0.718%+0.0100%4h$37.4M$111.9M75xas long as short
gTrade (Gains Network) PENGU/USD+0.724%L +0.0007% / S −0.0003%1h$33K—150xas long as short
Hyperliquid PENGU+0.753%+0.0100%1h$8.4M$6.7M5xas long as short
Lighter PENGU+0.753%+0.0096%1h$303K$450K8xas long as short
Bitget PENGUUSDT+0.811%+0.0100%4h$8.7M$8.3M75xas long as short
Kraken Futures PF_PENGUUSD+0.824%+0.0520%1h$367K$813K50xas long as short
Coinbase International PENGU-PERP-INTXshort+1.561%+0.2520%1h$93K$135K50x
SunX PENGU-USDT+3.073%+0.0100%4h$3K$1.9M10xas long as short
Injective PENGU/USDC PERP+5.486%+0.0033%1h$3K$116K5.5xas long as short