Spread before costs (cost unknown: a leg has no order-book sample)−0.127%
7d average−0.027%if it closes, per $10,000$13funding while held, a day−$12.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PENGU/USD [WBTC.b-USDC] | 0.008663 | L +0.0501% / S −0.0698% | pay 0.0063% / 1h | 44m 19s | $111K | — | 100x |
| Short | Pacifica PENGU | 0.008652 | 0.0100 | get 0.0013% / 1h | 44m 19s | $205K | $133K | 5x |
GMX PENGU/USD [WBTC.b-USDC]
Pacifica PENGUPrice 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
- −$12.7
- Funding while held
- −$12.04
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$44.74
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 55 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0401%
- Per $10,000 a day
- −$12.04
- 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 Pacifica live order book, 55 min ago | 2.32 bp | 17.0 bp −$17 | doesn't fit | 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.ApeX Omni0.008628cheapestVariational Omni0.008642+0.159%dYdX0.008649+0.239%Backpack0.008649+0.243%BloFin0.008649+0.243%Arcus0.008650+0.255%BingX0.008650+0.255%Lighter0.008652+0.278%
ApeX Omni
Variational Omni
dYdX
Backpack
BloFin
Arcus
BingX
LighterPacifica0.008652+0.278%
Gate0.008653+0.290%Aster0.008653+0.292%Nado0.008654+0.301%Bybit0.008655+0.313%KuCoin0.008655+0.313%Kraken Futures0.008659+0.359%Reya0.008659+0.360%Binance0.008659+0.363%MEXC0.008660+0.371%Bitget0.008660+0.371%01 Exchange0.008662+0.394%gTrade (Gains Network)0.008663+0.400%OKX0.008663+0.406%
Gate
Aster
Nado
Bybit
KuCoin
Kraken Futures
Reya
Binance
MEXC
Bitget
gTrade (Gains Network)
OKXGMX0.008663+0.406%
SoDEX0.008663+0.406%Extended0.008664+0.415%Orderly0.008664+0.417%Aevo0.008665+0.429%Hyperliquid0.008667+0.452%Deribit0.008668+0.464%HTX0.008672+0.510%Coinbase International0.008761+1.541%Injective0.008792+1.901%SunX0.008864+2.735%
SoDEX
Extended
Orderly
Aevo
Hyperliquid
Deribit
HTX
Coinbase International
Injective
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENGUUSDT | −0.404% | +0.0100% | 1h | $79K | $252K | 50x | as long as short |
| Variational Omni PENGU | −0.246% | +0.0100% | 4h | $769K | $525K | — | as long as short |
| dYdX PENGU-USD | −0.166% | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Backpack PENGU_USDC_PERP | −0.162% | +0.0100% | 1h | $305K | $305K | 10x | as long as short |
| BloFin PENGU-USDT | −0.162% | +0.0340% | 4h | $1.5M | $1.6M | 75x | as long as short |
| Arcus PENGU-USD | −0.150% | +0.0100% | 1h | $19K | $23K | 5x | as long as short |
| BingX PENGU-USDC | −0.150% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Lighter PENGU | −0.127% | +0.0096% | 1h | $312K | $492K | 8x | as long as short |
| Pacifica PENGUshort | −0.127% | +0.0100% | 1h | $205K | $133K | 5x | |
| Gate PENGU_USDT | −0.115% | −0.0102% | 4h | $3.5M | $12.9M | 75x | as long as short |