PENGU arbitrage between Kraken and Astar DEX: we compare the price of PENGU on Kraken (futures) and Astar DEX (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Pudgy Penguins

PENGU is the official coin of Pudgy Penguins. Pudgy Penguins has become the face of crypto with one of the most influential communities in the industry. From large companies wearing the Penguin, to being featured in ETF commercials, to garnering millions of followers and over 100 billion views, the Pengu has become a cultural icon making PENGU the world’s social currency. PENGU allows for the ever-expanding Pudgy Penguin fanbase and the hundreds of millions of people outside of crypto that see and share the Pudgy Penguin everyday, to join The Huddle. PENGU is a symbol for community, memes, and good vibes. Believe in Pengu. Believe in the Prophecy.

BNB Chain Ecosystem, Solana Ecosystem, Meme, Ethereum Ecosystem

Open interest in PENGU right now — $57.2M: Binance $18.0M, Bybit $15.4M, KuCoin $7.7M, HyperLiquid $5.6M, Bitget $4.9M. See OI PENGU.

News about PENGU

About PENGU arbitrage

How do I read the PENGU spread?

The spread is how many percent higher PENGU trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Kraken and Astar DEX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get PENGU alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.