PENCIL arbitrage

live

Live Annika's Pencil price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread—

Best perp–perp spread—no perp pair

Markets tracked—

Price range—

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart

No venue pairs for this coin in this mode right now.

Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PENCIL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h

No live markets for this coin in the scanner right now.

Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PENCIL arbitrage explained

None of the exchanges in the scanner list Annika's Pencil (PENCIL) on two or more markets right now, so there is no cross-exchange spread to show. The page updates automatically when new markets appear.

Arbitrage for other coins

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