Spread before costs (cost unknown: a leg has no order-book sample)−0.166%
7d average—if it closes, per $10,000$17funding while held, a day−$11.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PENGU/USD [WBTC.b-USDC] | 0.008625 | L +0.0491% / S −0.0660% | pay 0.0061% / 1h | 21m 28s | $109K | — | 100x |
| Short | Binance PENGUUSDT | 0.008611 | 0.0100 | get 0.0050% / 4h | 3h 21m | $36.9M | $125.2M | 75x |
GMX PENGU/USD [WBTC.b-USDC]
Binance PENGUUSDTPrice 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
- −$16.64
- Funding while held
- −$11.74
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.38
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0391%
- Per $10,000 a day
- −$11.74
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.57 bp | 8.9 bp −$9 | 17.9 bp −$179 | 63.0 bp −$6,303 | doesn't fit |
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.Bybit0.008605cheapestGate0.008605cheapestBingX0.008608+0.035%Arcus0.008610+0.058%
Bybit
Gate
BingX
ArcusBinance0.008611+0.066%
Extended0.008611+0.071%MEXC0.008612+0.081%Reya0.008614+0.101%OKX0.008615+0.116%KuCoin0.008615+0.116%Pacifica0.008616+0.128%Backpack0.008616+0.128%01 Exchange0.008618+0.151%Bitget0.008618+0.151%dYdX0.008620+0.170%Lighter0.008620+0.174%Aster0.008622+0.197%SoDEX0.008623+0.209%Hyperliquid0.008624+0.221%Nado0.008625+0.230%
Extended
MEXC
Reya
OKX
KuCoin
Pacifica
Backpack
Bitget
dYdX
Lighter
Aster
SoDEX
Hyperliquid
NadoGMX0.008625+0.232%
Orderly0.008626+0.244%Aevo0.008627+0.256%gTrade (Gains Network)0.008627+0.260%Deribit0.008628+0.267%Kraken Futures0.008633+0.331%BloFin0.008652+0.546%HTX0.008658+0.616%ApeX Omni0.008702+1.127%Variational Omni0.008708+1.193%Injective0.008792+2.173%SunX0.008832+2.638%Coinbase International0.008950+4.009%
Orderly
Aevo
gTrade (Gains Network)
Deribit
Kraken Futures
BloFin
HTX
ApeX Omni
Variational Omni
Injective
SunX
Coinbase InternationalPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.232% | +0.0100% | 4h | $21.9M | $26.4M | 75x | as long as short |
| Gate PENGU_USDT | −0.232% | −0.0120% | 4h | $3.6M | $12.2M | 75x | as long as short |
| BingX PENGU-USDC | −0.197% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | −0.174% | +0.0100% | 1h | $19K | $24K | 5x | as long as short |
| Binance PENGUUSDTshort | −0.166% | +0.0100% | 4h | $36.9M | $125.2M | 75x | |
| Extended PENGU-USD | −0.161% | +0.0104% | 1h | $177K | $679K | 10x | as long as short |
| MEXC PENGU_USDT | −0.151% | +0.0100% | 4h | $11.3M | $10.9M | 125x | as long as short |
| Reya PENGURUSDPERP | −0.131% | +0.0235% | 1h | $291 | — | 10x | as long as short |
| OKX PENGU-USDT-SWAP | −0.116% | +0.0100% | 4h | $7.6M | $39.5M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.116% | +0.0100% | 4h | $5.1M | $7.0M | 75x | as long as short |