Spread before costs (cost unknown: a leg has no order-book sample)+0.151%
7d average—if it closes, per $10,000$15funding while held, a day+$8.41
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PENGU-USD | 0.008672 | 0.0104 | pay 0.0013% / 1h | 7m 05s | $192K | $665K | 10x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008685 | L +0.0401% / S −0.0384% | get 0.0048% / 1h | 7m 05s | $89K | — | 100x |
Extended PENGU-USD
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
- $15.06
- Funding while held
- $8.41
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $6.47
- Spread needed to break even
- 0.170%
Slippage unknown: Extended: live order book, 42 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0280%
- Per $10,000 a day
- +$8.41
- 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 Extended live order book, 42 min ago | 1.15 bp | 10.1 bp −$10 | 84.8 bp −$848 | 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.Extended0.008672cheapest
Orderly0.008672+0.001%Deribit0.008673+0.012%Aevo0.008675+0.035%Arcus0.008680+0.093%dYdX0.008680+0.094%Aster0.008681+0.107%Backpack0.008682+0.116%gTrade (Gains Network)0.008682+0.119%Pacifica0.008683+0.128%Reya0.008684+0.142%01 Exchange0.008685+0.151%
Orderly
Deribit
Aevo
Arcus
dYdX
Aster
Backpack
gTrade (Gains Network)
Pacifica
ReyaGMX0.008685+0.151%
HTX0.008686+0.162%Kraken Futures0.008688+0.183%Nado0.008688+0.191%KuCoin0.008690+0.208%BloFin0.008690+0.208%MEXC0.008691+0.220%Lighter0.008692+0.231%Gate0.008693+0.243%BingX0.008695+0.266%Bybit0.008697+0.289%Binance0.008699+0.312%SoDEX0.008700+0.324%Hyperliquid0.008702+0.347%Bitget0.008703+0.358%OKX0.008705+0.381%ApeX Omni0.008718+0.531%Variational Omni0.008742+0.809%Coinbase International0.008822+1.730%SunX0.008888+2.492%
HTX
Kraken Futures
Nado
KuCoin
BloFin
MEXC
Lighter
Gate
BingX
Bybit
Binance
SoDEX
Hyperliquid
Bitget
OKX
ApeX Omni
Variational Omni
Coinbase International
SunXInjective0.009138+5.374%
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended PENGU-USDlong | 0.000% | +0.0104% | 1h | $192K | $665K | 10x | |
| Orderly PERP_PENGU_USDC | +0.001% | +0.0098% | 4h | $21K | $179K | 20x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.012% | −0.0096% | 1h | $21K | $6K | 10x | as long as short |
| Aevo PENGU-PERP | +0.035% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| Arcus PENGU-USD | +0.093% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| dYdX PENGU-USD | +0.094% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Aster PENGUUSDT | +0.107% | +0.0100% | 4h | $170K | $326K | 20x | as long as short |
| Backpack PENGU_USDC_PERP | +0.116% | −0.0084% | 1h | $304K | $282K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | +0.119% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Pacifica PENGU | +0.128% | +0.0100% | 1h | $204K | $126K | 5x | as long as short |