Spread before costs (cost unknown: a leg has no order-book sample)−0.102%
7d average—if it closes, per $10,000$10funding while held, a day−$2.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENGU-USDT | 0.008622 | 0.0100 | pay 0.0050% / 4h | 3h 17m | — | $4.1M | — |
| Short | gTrade (Gains Network) PENGU/USD | 0.008613 | L +0.0007% / S −0.0003% | get 0.0000% / 1h | 17m 34s | $33K | — | 150x |
BingX PENGU-USDT
gTrade (Gains Network) PENGU/USDPrice 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
- −$10.24
- Funding while held
- −$2.91
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$33.15
- Spread needed to break even
- 0.200%
Slippage unknown: BingX: live order book, 9 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0097%
- Per $10,000 a day
- −$2.91
- 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 BingX live order book, 9 min ago | 0.57 bp | 7.5 bp −$8 | 14.1 bp −$141 | 54.7 bp −$5,468 | 322.6 bp −$161.3K |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.ApeX Omni0.008563cheapestBloFin0.008574+0.128%Coinbase International0.008580+0.199%Variational Omni0.008608+0.523%GMX0.008610+0.549%SoDEX0.008610+0.549%Deribit0.008610+0.549%Backpack0.008611+0.561%
ApeX Omni
BloFin
Coinbase International
Variational Omni
GMX
SoDEX
Deribit
BackpackgTrade (Gains Network)0.008613+0.586%
Orderly0.008614+0.596%Aevo0.008614+0.596%Aster0.008617+0.630%dYdX0.008618+0.646%Bybit0.008619+0.654%Pacifica0.008620+0.666%HTX0.008621+0.677%Hyperliquid0.008622+0.689%
Orderly
Aevo
Aster
dYdX
Bybit
Pacifica
HTX
HyperliquidBingX0.008622+0.689%
Gate0.008623+0.701%Kraken Futures0.008623+0.703%Binance0.008624+0.718%Lighter0.008625+0.724%OKX0.008626+0.736%MEXC0.008626+0.736%KuCoin0.008626+0.736%Extended0.008626+0.736%Reya0.008627+0.750%Nado0.008628+0.759%Arcus0.008630+0.782%01 Exchange0.008630+0.782%Bitget0.008631+0.794%Injective0.008792+2.674%SunX0.008815+2.943%
Gate
Kraken Futures
Binance
Lighter
OKX
MEXC
KuCoin
Extended
Reya
Nado
Arcus
Bitget
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.684% | +0.0100% | 1h | $78K | $252K | 50x | as long as short |
| BloFin PENGU-USDT | −0.557% | +0.0340% | 4h | $1.5M | $1.4M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | −0.487% | +0.2912% | 1h | $91K | $128K | 50x | as long as short |
| Variational Omni PENGU | −0.165% | +0.0100% | 4h | $668K | $400K | — | as long as short |
| GMX PENGU/USD [WBTC.b-USDC] | −0.139% | L +0.0491% / S −0.0660% | 1h | $108K | — | 100x | as long as short |
| SoDEX PENGU-USD | −0.139% | +0.0100% | 1h | $965 | $14K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.139% | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| Backpack PENGU_USDC_PERP | −0.128% | +0.0100% | 1h | $305K | $308K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USDshort | −0.102% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | |
| Orderly PERP_PENGU_USDC | −0.093% | +0.0098% | 4h | $16K | $185K | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PENGU-PERP | −0.093% | +0.0104% | 1h | $199K | $17K | 3x | as long as short |
| Aster PENGUUSDT | −0.058% | +0.0100% | 4h | $176K | $342K | 20x | as long as short |
| dYdX PENGU-USD | −0.043% | +0.9279% | 1h | $11K | $5K | 5x | as long as short |
| Bybit PENGUUSDT | −0.035% | +0.0100% | 4h | $22.1M | $26.7M | 75x | as long as short |
| Pacifica PENGU | −0.023% | +0.0100% | 1h | $202K | $129K | 5x | as long as short |
| HTX PENGU-USDT | −0.012% | +0.0100% | 4h | $100K | $222K | 25x | as long as short |
| Hyperliquid PENGU | 0.000% | +0.0482% | 1h | $9.7M | $9.4M | 5x | as long as short |
| BingX PENGU-USDTlong | 0.000% | +0.0100% | 4h | — | $4.1M | — | |
| Gate PENGU_USDT | +0.012% | −0.0152% | 4h | $3.6M | $12.4M | 75x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.014% | +0.0122% | 1h | $359K | $864K | 50x | as long as short |
| Binance PENGUUSDT | +0.029% | +0.0100% | 4h | $36.8M | $125.7M | 75x | as long as short |
| Lighter PENGU | +0.035% | +0.0096% | 1h | $308K | $473K | 8x | as long as short |
| OKX PENGU-USDT-SWAP | +0.046% | +0.0100% | 4h | $7.6M | $39.7M | 50x | as long as short |
| MEXC PENGU_USDT | +0.046% | +0.0100% | 4h | $11.3M | $10.9M | 125x | as long as short |
| KuCoin PENGUUSDTM | +0.046% | +0.0100% | 4h | $5.2M | $7.0M | 75x | as long as short |
| Extended PENGU-USD | +0.047% | +0.0104% | 1h | $177K | $679K | 10x | as long as short |
| Reya PENGURUSDPERP | +0.060% | +0.0235% | 1h | $291 | — | 10x | as long as short |
| Nado PENGU-PERP | +0.070% | +0.0100% | 1h | $639K | $663K | 5x | as long as short |
| Arcus PENGU-USD | +0.093% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| 01 Exchange PENGUUSD | +0.093% | +0.0240% | 1h | $166 | $28 | 5x | as long as short |
| Bitget PENGUUSDT | +0.104% | +0.0100% | 4h | $8.4M | $9.4M | 75x | as long as short |
| Injective PENGU/USDC PERP | +1.972% | +0.5000% | 1h | $3K | $91K | 5.5x | as long as short |
| SunX PENGU-USDT | +2.238% | +0.0100% | 4h | $2K | $2.0M | 10x | as long as short |