PENGU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.034%higher than 42% of spread values(window 1D)
long $0.005821 · short $0.005819(long 4m / short 3m old)
Entry Spread (order book)-0.153%on $10,000
long $0.005816 · short $0.005808(average execution prices, not mark)
market median $0.005822· long -0.0%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than KuCoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.034%
42 pct
Median
-0.032%
Average
-0.042%
P25 → P75
-0.115% … +0.049%
Range
-2.013% … +0.382%
Std dev
±0.199%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.005821
- Exchange Ticker
- PENGUUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -33.31%
- OI
- $3.50M
- 24h Vol
- $14.80M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.005819
- Exchange Ticker
- PENGU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -2.99%
- OI
- $1.02M
- 24h Vol
- $536.69K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short262 long / 252 short samples · 2 days · auto-refresh every 30s