Why is the Penguin Solutions tokenized stock (PENGB) spread so high on some exchanges?

No PENGB route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker.

Where is Penguin Solutions tokenized stock (PENGB) cheapest to buy?

Cheapest now on LBank: $53.33; dearest on Binance: $53.335, 0.01% apart. 2 exchanges with a liquid PENGB market compared, at the mid between bid and ask.

Can I transfer Penguin Solutions tokenized stock (PENGB) between LBank and Binance?

Yes: withdrawals from LBank and deposits to Binance are open now on BSC, a withdrawal fee of 0.0037 PENGB. The networks' status is checked every 5 minutes; every network is in the table below.

Is there an arbitrage opportunity in Penguin Solutions tokenized stock (PENGB) right now?

Not on spot after fees: no spot route earns right now. The widest price gap is 0.01% (LBank → Binance), and trading fees and the withdrawal eat it.

What is the Penguin Solutions tokenized stock (PENGB) spread now?

0.01% between the cheapest (LBank) and the dearest (Binance) exchange, before fees. No route worth taking with an open transfer right now.

Penguin Solutions tokenized stock (PENGB) arbitrage

As of 2026-10-25 09:30 UTC, there is no PENGB route between exchanges: no pair is in profit after taker fees. The closest to profit: buy on LBank, sell on Binance, −0.31% after fees.

PENGB on 2 exchanges spot and 0 in futures: live routes, past spreads and how long they last.

Prices at 09:30 UTC · open routes a minute older; real time in the scanners on paid plans · How we count

Price: $53.3325
24h volume: $988.1K
Exchanges: 2; 2 spot · 0 futures
Routes now: 0; 0 take · 0 risky
Gaps in 7 days: 17; 2 over a minute

Penguin Solutions tokenized stock (PENGB) right now

PENGB is cheapest on LBank ($53.33) and dearest on Binance ($53.335): 0.01% apart across 2 exchanges with a liquid spot market, before fees.

No route in profit after fees is worth a look right now.

Over 7 days a spread in profit opened 17 times, and 2 of them lasted a minute or longer; one usually closed within 6.0 s.

Penguin Solutions tokenized stock (PENGB) arbitrage opportunities now

No route is profitable after fees right now.

Penguin Solutions tokenized stock (PENGB): net spread between exchanges

Where to buy and where to sell: the net spread after taker fees at the best book prices, for every pair of exchanges with a liquid spot market. A cell in profit with an open transfer leads to the route page.

Where to buy ↓ / where to sell →, net spread after taker fees, data as of 2026-10-25 09:30 UTC
Buy ↓ / sell →	LBank	Binance
LBank	—	−0.31%
Binance	−0.33%	—

+0.00% ⊘ — transfer closed: withdrawal or deposit closed, no common network or different tokens under the ticker, do not count on that profit
+0.00% ✕ — the engine flags the pair as suspect (price outlier, dead book), do not count on that profit
+0.00% ! — verdict avoid
+0.00% ? — the exchanges publish no network status, whether the coins can arrive is unknown
−0.00% — not in profit after fees

Penguin Solutions tokenized stock (PENGB) arbitrage strategy

No PENGB route worth taking with an open transfer right now. Fresh routes are in the scanner.

Penguin Solutions tokenized stock (PENGB) price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 2

Exchange	Bid	Ask	Book spread	24h volume
LBankPENGB/USDT	53.2900	53.3700	0.15%	$968.3K
BinancePENGB/USDT	53.3100	53.3600	0.09%	$19.8K

How often Penguin Solutions tokenized stock (PENGB) spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

Market	Route	Over a minute	Gaps	Median lifetime
spot → spot	LBank spot → Binance spot	1	13	6.0 s
spot → spot	Binance spot → LBank spot	1	4	24 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

Network	Exchange	Deposit	Withdraw	Withdrawal fee
BSC	Binance	open	open	0 PENGB
	LBankbep20(bsc)	n/a	open	0.0037 PENGB

Gaps of a minute or longer, last 7 days

When (UTC)	Market	Route	Spread	Lasted	Transfer
Oct 20, 01:36 PM	spot → spot	LBank → Binance	0.202%	1 min 33 s	bep20(bsc)
Oct 20, 01:29 PM	spot → spot	Binance → LBank	0.539%	3 min 48 s	Transfer status unknown

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

FAQ

Why is the Penguin Solutions tokenized stock (PENGB) spread so high on some exchanges?: No PENGB route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker.
Where is Penguin Solutions tokenized stock (PENGB) cheapest to buy?: Cheapest now on LBank: $53.33; dearest on Binance: $53.335, 0.01% apart. 2 exchanges with a liquid PENGB market compared, at the mid between bid and ask.
Can I transfer Penguin Solutions tokenized stock (PENGB) between LBank and Binance?: Yes: withdrawals from LBank and deposits to Binance are open now on BSC, a withdrawal fee of 0.0037 PENGB. The networks' status is checked every 5 minutes; every network is in the table below.
Is there an arbitrage opportunity in Penguin Solutions tokenized stock (PENGB) right now?: Not on spot after fees: no spot route earns right now. The widest price gap is 0.01% (LBank → Binance), and trading fees and the withdrawal eat it.
What is the Penguin Solutions tokenized stock (PENGB) spread now?: 0.01% between the cheapest (LBank) and the dearest (Binance) exchange, before fees. No route worth taking with an open transfer right now.