Spread before costs (cost unknown: a leg has no order-book sample)−0.078%
7d average—if it closes, per $10,000$8funding while held, a day+$12.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENGUUSDT | 0.008728 | 0.0100 | pay 0.0050% / 4h | 12m 47s | $175K | $326K | 20x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008721 | L +0.0479% / S −0.0525% | get 0.0066% / 1h | 12m 47s | $111K | — | 100x |
Aster PENGUUSDT
GMX PENGU/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.79
- Funding while held
- $12.75
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$15.04
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: live order book, 36 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0425%
- Per $10,000 a day
- +$12.75
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 36 min ago | 13.76 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PENGU price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.008663cheapestApeX 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%SoDEX0.008718+0.638%Nado0.008719+0.655%Backpack0.008720+0.661%Aevo0.008720+0.661%Deribit0.008720+0.661%
Variational Omni
ApeX Omni
Reya
Arcus
Pacifica
dYdX
SoDEX
Nado
Backpack
Aevo
DeribitGMX0.008721+0.672%
BloFin0.008722+0.684%HTX0.008723+0.695%Orderly0.008724+0.707%gTrade (Gains Network)0.008725+0.724%Bybit0.008727+0.742%
BloFin
HTX
Orderly
gTrade (Gains Network)
BybitAster0.008728+0.751%
Lighter0.008728+0.753%Gate0.008730+0.776%OKX0.008733+0.811%Binance0.008734+0.821%Kraken Futures0.008734+0.824%KuCoin0.008735+0.834%BingX0.008736+0.845%Hyperliquid0.008738+0.869%MEXC0.008738+0.869%Extended0.008740+0.893%Bitget0.008741+0.903%Coinbase International0.008798+1.561%SunX0.008929+3.073%Injective0.009138+5.486%
Lighter
Gate
OKX
Binance
Kraken Futures
KuCoin
BingX
Hyperliquid
MEXC
Extended
Bitget
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.745% | +0.0100% | 4h | $677K | $335K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.410% | +0.0100% | 1h | $75K | $251K | 50x | as long as short |
| 01 Exchange PENGUUSD | −0.296% | −0.0080% | 1h | $168 | $28 | 5x | as long as short |
| Reya PENGURUSDPERP | −0.224% | +0.0235% | 1h | $294 | — | 10x | as long as short |
| Arcus PENGU-USD | −0.204% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Pacifica PENGU | −0.158% | +0.0100% | 1h | $204K | $125K | 5x | as long as short |
| dYdX PENGU-USD | −0.150% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| SoDEX PENGU-USD | −0.112% | +0.0100% | 1h | $988 | $14K | 5x | as long as short |
| Nado PENGU-PERP | −0.095% | +0.0100% | 1h | $479K | $477K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.089% | −0.0112% | 1h | $305K | $282K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PENGU-PERP | −0.089% | +0.0104% | 1h | $201K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.089% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC]short | −0.078% | L +0.0479% / S −0.0525% | 1h | $111K | — | 100x | |
| BloFin PENGU-USDT | −0.066% | +0.0340% | 4h | $1.5M | $933K | 75x | as long as short |
| HTX PENGU-USDT | −0.055% | +0.0100% | 4h | $97K | $182K | 25x | as long as short |
| Orderly PERP_PENGU_USDC | −0.044% | +0.0098% | 4h | $21K | $179K | 20x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.027% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Bybit PENGUUSDT | −0.009% | +0.0100% | 4h | $22.0M | $22.6M | 75x | as long as short |
| Aster PENGUUSDTlong | 0.000% | +0.0100% | 4h | $175K | $326K | 20x | |
| Lighter PENGU | +0.002% | +0.0096% | 1h | $303K | $450K | 8x | as long as short |
| Gate PENGU_USDT | +0.025% | +0.0100% | 4h | $3.8M | $10.0M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.060% | +0.0100% | 4h | $7.7M | $36.7M | 50x | as long as short |
| Binance PENGUUSDT | +0.070% | +0.0100% | 4h | $37.4M | $112.0M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.073% | +0.0520% | 1h | $367K | $813K | 50x | as long as short |
| KuCoin PENGUUSDTM | +0.082% | +0.0100% | 4h | $5.0M | $6.7M | 75x | as long as short |
| BingX PENGU-USDT | +0.094% | +0.0100% | 4h | — | $3.8M | — | as long as short |
| Hyperliquid PENGU | +0.117% | +0.0100% | 1h | $8.4M | $6.7M | 5x | as long as short |
| MEXC PENGU_USDT | +0.117% | +0.0100% | 4h | $13.9M | $10.0M | 125x | as long as short |
| Extended PENGU-USD | +0.141% | +0.0104% | 1h | $193K | $665K | 10x | as long as short |
| Bitget PENGUUSDT | +0.151% | +0.0100% | 4h | $8.7M | $8.3M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +0.804% | +0.2520% | 1h | $93K | $135K | 50x | as long as short |
| SunX PENGU-USDT | +2.305% | +0.0100% | 4h | $3K | $1.9M | 10x | as long as short |
| Injective PENGU/USDC PERP | +4.700% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |