Spread before costs (cost unknown: a leg has no order-book sample)−0.085%
7d average—if it closes, per $10,000$9funding while held, a day−$234.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENGU-USD | 0.008649 | 0.8472 | pay 0.1059% / 1h | 12m 58s | $11K | $5K | 5x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008642 | L +0.0491% / S −0.0660% | get 0.0082% / 1h | 12m 58s | $109K | — | 100x |
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
- −$8.51
- Funding while held
- −$234.37
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$264.89
- Spread needed to break even
- 0.220%
Slippage unknown: dYdX: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.7812%
- Per $10,000 a day
- −$234.37
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX and 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.PENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.294% | +0.0100% | 4h | $748K | $493K | — | as long as short |
| Arcus PENGU-USD | −0.108% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| 01 Exchange PENGUUSD | −0.108% | +0.0232% | 1h | $166 | $28 | 5x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC]short | −0.085% | L +0.0491% / S −0.0660% | 1h | $109K | — | 100x | |
| Reya PENGURUSDPERP | −0.084% | +0.0235% | 1h | $292 | — | 10x | as long as short |
| Nado PENGU-PERP | −0.082% | +0.0100% | 1h | $637K | $663K | 5x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.072% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| dYdX PENGU-USDlong | 0.000% | +0.8472% | 1h | $11K | $5K | 5x | |
| Pacifica PENGU | +0.019% | +0.0100% | 1h | $203K | $129K | 5x | as long as short |
| BloFin PENGU-USDT | +0.042% | +0.0340% | 4h | $1.5M | $1.5M | 75x | as long as short |
GMX PENGU/USD [WBTC.b-USDC]
Variational Omni
gTrade (Gains Network)
Pacifica
BloFin
KuCoin
SoDEX
Aster
Gate
BingX
Deribit
HTX
MEXC
Lighter
Backpack
Kraken Futures
ApeX Omni
Bybit
Binance
OKX
Hyperliquid
Extended
Bitget
Coinbase International
Injective
SunX