Spread before costs (cost unknown: a leg has no order-book sample)+0.172%
7d average—if it closes, per $10,000$17funding while held, a day−$11.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PENGU/USD [WBTC.b-USDC] | 0.008727 | L +0.0399% / S −0.0378% | pay 0.0050% / 1h | 2m 06s | $88K | — | 100x |
| Short | dYdX PENGU-USD | 0.008742 | 0 | get 0.0000% / 1h | 2m 06s | $10K | $1K | 5x |
GMX PENGU/USD [WBTC.b-USDC]
dYdX 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
- $17.19
- Funding while held
- −$11.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$16.78
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0399%
- Per $10,000 a day
- −$11.97
- 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 dYdX no order-book sample | — | — | — | — | — |
GMX and dYdX: 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.BloFin0.008661cheapestApeX Omni0.008682+0.242%Bybit0.008694+0.381%OKX0.008696+0.404%Gate0.008700+0.450%Binance0.008701+0.458%BingX0.008702+0.473%KuCoin0.008704+0.496%Variational Omni0.008704+0.498%Bitget0.008710+0.566%Backpack0.008711+0.577%Extended0.008714+0.606%Aevo0.008715+0.623%Nado0.008715+0.626%SoDEX0.008719+0.670%Reya0.008719+0.672%Aster0.008720+0.680%Deribit0.008720+0.681%MEXC0.008721+0.693%Orderly0.008722+0.704%Hyperliquid0.008723+0.716%Lighter0.008724+0.727%gTrade (Gains Network)0.008726+0.750%
BloFin
ApeX Omni
Bybit
OKX
Gate
Binance
BingX
KuCoin
Variational Omni
Bitget
Backpack
Extended
Aevo
Nado
SoDEX
Reya
Aster
Deribit
MEXC
Orderly
Hyperliquid
Lighter
gTrade (Gains Network)GMX0.008727+0.762%
Kraken Futures0.008728+0.772%Arcus0.008730+0.797%01 Exchange0.008731+0.808%HTX0.008732+0.820%Pacifica0.008741+0.924%
Kraken Futures
Arcus
HTX
PacificadYdX0.008742+0.935%
Coinbase International0.008807+1.686%SunX0.008931+3.117%Injective0.009138+5.507%
Coinbase International
SunX
InjectivePENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.756% | +0.0340% | 4h | $1.5M | $935K | 75x | as long as short |
| ApeX Omni PENGUUSDT | −0.516% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| Bybit PENGUUSDT | −0.378% | +0.0100% | 4h | $22.1M | $23.1M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | −0.355% | +0.0100% | 4h | $7.7M | $37.1M | 50x | as long as short |
| Gate PENGU_USDT | −0.309% | +0.0056% | 4h | $3.8M | $10.4M | 75x | as long as short |
| Binance PENGUUSDT | −0.302% | +0.0100% | 4h | $37.2M | $114.3M | 75x | as long as short |
| BingX PENGU-USDT | −0.286% | +0.0100% | 4h | — | $3.8M | — | as long as short |
| KuCoin PENGUUSDTM | −0.264% | +0.0100% | 4h | $5.0M | $6.8M | 75x | as long as short |
| Variational Omni PENGU | −0.262% | +0.0100% | 4h | $680K | $351K | — | as long as short |
| Bitget PENGUUSDT | −0.195% | +0.0100% | 4h | $8.6M | $8.5M | 75x | as long as short |