Spread before costs (cost unknown: a leg has no order-book sample)−0.197%
7d average—if it closes, per $10,000$20funding while held, a day+$2.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PENGU/USD | 0.008671 | L +0.0007% / S −0.0003% | pay 0.0001% / 1h | 14m 29s | $33K | — | 150x |
| Short | BingX PENGU-USDC | 0.008654 | 0.0100 | get 0.0050% / 4h | 3h 14m | — | $2.3M | — |
gTrade (Gains Network) PENGU/USD
BingX PENGU-USDCPrice 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
- −$19.65
- Funding while held
- $2.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$36.86
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0093%
- Per $10,000 a day
- +$2.79
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 1.73 bp | 17.8 bp −$18 | 44.1 bp −$441 | 260.6 bp −$26.1K | 870.3 bp −$435.1K |
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.Variational Omni0.008624cheapestApeX Omni0.008635+0.128%Bybit0.008654+0.348%MEXC0.008654+0.348%
Variational Omni
ApeX Omni
Bybit
MEXCBingX0.008654+0.348%
dYdX0.008655+0.358%Pacifica0.008655+0.360%Gate0.008657+0.383%KuCoin0.008657+0.383%Aster0.008657+0.386%Extended0.008657+0.388%Lighter0.008658+0.395%Binance0.008658+0.395%Arcus0.008660+0.418%Nado0.008661+0.429%OKX0.008663+0.453%01 Exchange0.008663+0.453%SoDEX0.008664+0.464%Reya0.008665+0.470%Backpack0.008665+0.476%BloFin0.008667+0.499%GMX0.008668+0.511%Deribit0.008668+0.511%HTX0.008668+0.511%Bitget0.008670+0.534%Orderly0.008670+0.534%Aevo0.008670+0.534%
dYdX
Pacifica
Gate
KuCoin
Aster
Extended
Lighter
Binance
Arcus
Nado
OKX
SoDEX
Reya
Backpack
BloFin
GMX
Deribit
HTX
Bitget
Orderly
AevogTrade (Gains Network)0.008671+0.546%
Hyperliquid0.008673+0.568%Kraken Futures0.008675+0.592%Coinbase International0.008712+1.021%Injective0.008792+1.948%SunX0.008873+2.888%
Hyperliquid
Kraken Futures
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENGU | −0.543% | +0.0100% | 4h | $748K | $493K | — | as long as short |
| ApeX Omni PENGUUSDT | −0.416% | +0.0100% | 1h | $79K | $253K | 50x | as long as short |
| Bybit PENGUUSDT | −0.197% | +0.0100% | 4h | $22.2M | $26.7M | 75x | as long as short |
| MEXC PENGU_USDT | −0.197% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| BingX PENGU-USDCshort | −0.197% | +0.0100% | 4h | — | $2.3M | — | |
| dYdX PENGU-USD | −0.187% | +0.8661% | 1h | $11K | $5K | 5x | as long as short |
| Pacifica PENGU | −0.185% | +0.0100% | 1h | $203K | $129K | 5x | as long as short |
| Gate PENGU_USDT | −0.162% | −0.0208% | 4h | $3.6M | $12.5M | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.162% | +0.0100% | 4h | $5.2M | $7.0M | 75x | as long as short |
| Aster PENGUUSDT | −0.159% | +0.0100% | 4h | $177K | $345K | 20x | as long as short |