Spread before costs (cost unknown: a leg has no order-book sample)+0.402%
7d average—if it closes, per $10,000$40funding while held, a day−$8.53
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PENGU/USD [WBTC.b-USDC] | 0.008217 | L +0.0384% / S −0.0369% | pay 0.0048% / 1h | 50m 28s | $82K | — | 100x |
| Short | Gate PENGU_USDT | 0.008250 | 0.0100 | get 0.0050% / 4h | 1h 50m | $3.3M | $7.2M | 75x |
GMX PENGU/USD [WBTC.b-USDC]
Gate PENGU_USDTPrice 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
- $40.16
- Funding while held
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $4.63
- Spread needed to break even
- 0.270%
Slippage unknown: GMX: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0284%
- Per $10,000 a day
- −$8.53
- 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 Gate live order book, 4 min ago | 3.64 bp | 15.0 bp −$15 | 48.7 bp −$487 | doesn't fit | 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.Injective0.007874cheapestApeX Omni0.008186+3.962%Variational Omni0.008211+4.285%Orderly0.008215+4.331%Aevo0.008216+4.343%
Injective
ApeX Omni
Variational Omni
Orderly
AevoGMX0.008217+4.356%
gTrade (Gains Network)0.008217+4.356%Deribit0.008219+4.382%SoDEX0.008221+4.407%Backpack0.008223+4.432%Nado0.008224+4.451%Kraken Futures0.008226+4.468%BloFin0.008227+4.483%HTX0.008228+4.496%dYdX0.008242+4.679%Aster0.008244+4.704%KuCoin0.008245+4.712%Bybit0.008247+4.737%Pacifica0.008248+4.750%BingX0.008249+4.763%Arcus0.008250+4.775%
gTrade (Gains Network)
Deribit
SoDEX
Backpack
Nado
Kraken Futures
BloFin
HTX
dYdX
Aster
KuCoin
Bybit
Pacifica
BingX
ArcusGate0.008250+4.775%
Lighter0.008251+4.788%MEXC0.008251+4.788%Extended0.008251+4.793%OKX0.008252+4.801%Binance0.008253+4.818%Reya0.008254+4.820%Hyperliquid0.008260+4.902%Bitget0.008263+4.940%Coinbase International0.008378+6.401%SunX0.008414+6.858%
Lighter
MEXC
Extended
OKX
Binance
Reya
Hyperliquid
Bitget
Coinbase International
SunXPENGU on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −4.174% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.377% | −0.0002% | 1h | $70K | $251K | 50x | as long as short |
| Variational Omni PENGU | −0.068% | +0.0100% | 4h | $659K | $284K | — | as long as short |
| Orderly PERP_PENGU_USDC | −0.024% | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Aevo PENGU-PERP | −0.012% | +0.0104% | 1h | $190K | $17K | 3x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC]long | 0.000% | L +0.0384% / S −0.0369% | 1h | $82K | — | 100x | |
| gTrade (Gains Network) PENGU/USD | 0.000% | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | +0.024% | −0.0115% | 1h | $21K | $4K | 10x | as long as short |
| SoDEX PENGU-USD | +0.049% | +0.0100% | 1h | $916 | $14K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | +0.073% | −0.0055% | 1h | $283K | $255K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado PENGU-PERP | +0.091% | +0.0100% | 1h | $205K | $267K | 5x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.107% | +0.0659% | 1h | $345K | $782K | 50x | as long as short |
| BloFin PENGU-USDT | +0.122% | +0.0340% | 4h | $1.4M | $787K | 75x | as long as short |
| HTX PENGU-USDT | +0.134% | +0.0100% | 4h | $92K | $181K | 25x | as long as short |
| dYdX PENGU-USD | +0.309% | +0.2767% | 1h | $10K | $998 | 5x | as long as short |
| Aster PENGUUSDT | +0.333% | +0.0100% | 4h | $167K | $307K | 20x | as long as short |
| KuCoin PENGUUSDTM | +0.341% | +0.0100% | 4h | $4.6M | $6.3M | 75x | as long as short |
| Bybit PENGUUSDT | +0.365% | +0.0100% | 4h | $20.2M | $19.8M | 75x | as long as short |
| Pacifica PENGU | +0.377% | +0.0100% | 1h | $192K | $121K | 5x | as long as short |
| BingX PENGU-USDC | +0.389% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Arcus PENGU-USD | +0.402% | +0.0100% | 1h | $4K | $31K | 5x | as long as short |
| Gate PENGU_USDTshort | +0.402% | +0.0100% | 4h | $3.3M | $7.2M | 75x | |
| Lighter PENGU | +0.414% | +0.0096% | 1h | $315K | $384K | 8x | as long as short |
| MEXC PENGU_USDT | +0.414% | +0.0100% | 4h | $11.7M | $8.6M | 125x | as long as short |
| Extended PENGU-USD | +0.418% | +0.0104% | 1h | $158K | $638K | 10x | as long as short |
| OKX PENGU-USDT-SWAP | +0.426% | +0.0100% | 4h | $6.9M | $30.3M | 50x | as long as short |
| Binance PENGUUSDT | +0.442% | +0.0100% | 4h | $34.9M | $95.0M | 75x | as long as short |
| Reya PENGURUSDPERP | +0.445% | +0.0234% | 1h | $279 | — | 10x | as long as short |
| Hyperliquid PENGU | +0.523% | +0.0100% | 1h | $8.2M | $5.9M | 5x | as long as short |
| Bitget PENGUUSDT | +0.560% | +0.0100% | 4h | $8.2M | $7.3M | 75x | as long as short |
| Coinbase International PENGU-PERP-INTX | +1.959% | +0.2088% | 1h | $84K | $193K | 50x | as long as short |
| SunX PENGU-USDT | +2.397% | +0.0100% | 4h | $3K | $1.6M | 10x | as long as short |