Spread before costs (cost unknown: a leg has no order-book sample)−0.801%
7d average—if it closes, per $10,000$80funding while held, a day−$8.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PENGU/USD [WBTC.b-USDC] | 0.008735 | L +0.0391% / S −0.0364% | pay 0.0049% / 1h | 51m 28s | $86K | — | 100x |
| Short | SoDEX PENGU-USD | 0.008665 | 0.0100 | get 0.0013% / 1h | 51m 28s | $982 | $14K | 5x |
GMX PENGU/USD [WBTC.b-USDC]
SoDEX 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
- −$80.14
- Funding while held
- −$8.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$108.86
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0291%
- Per $10,000 a day
- −$8.72
- 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 SoDEX no order-book sample | — | — | — | — | — |
GMX and SoDEX: 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.Injective0.007874cheapest
Variational Omni0.008596+9.172%BloFin0.008604+9.271%ApeX Omni0.008632+9.627%HTX0.008652+9.881%Aevo0.008657+9.944%Deribit0.008659+9.970%
Injective
Variational Omni
BloFin
ApeX Omni
HTX
Aevo
DeribitSoDEX0.008665+10.046%
Kraken Futures0.008668+10.084%Backpack0.008677+10.198%dYdX0.008700+10.489%Arcus0.008700+10.490%Pacifica0.008702+10.516%Coinbase International0.008702+10.516%Lighter0.008704+10.541%Extended0.008711+10.627%01 Exchange0.008713+10.655%Aster0.008714+10.662%Nado0.008721+10.760%OKX0.008723+10.782%Bybit0.008724+10.795%KuCoin0.008724+10.795%Orderly0.008725+10.808%Reya0.008726+10.815%MEXC0.008728+10.846%Hyperliquid0.008729+10.859%BingX0.008729+10.859%Gate0.008730+10.871%gTrade (Gains Network)0.008732+10.897%Binance0.008735+10.933%
Kraken Futures
Backpack
dYdX
Arcus
Pacifica
Coinbase International
Lighter
Extended
Aster
Nado
OKX
Bybit
KuCoin
Orderly
Reya
MEXC
Hyperliquid
BingX
Gate
gTrade (Gains Network)
BinanceGMX0.008735+10.935%
Bitget0.008743+11.036%SunX0.008877+12.738%
Bitget
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENGU/USDC PERP | −9.857% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Variational Omni PENGU | −1.589% | +0.0100% | 4h | $695K | $293K | — | as long as short |
| BloFin PENGU-USDT | −1.500% | +0.0340% | 4h | $1.5M | $872K | 75x | as long as short |
| ApeX Omni PENGUUSDT | −1.179% | +0.0100% | 1h | $75K | $250K | 50x | as long as short |
| HTX PENGU-USDT | −0.950% | +0.0100% | 4h | $96K | $183K | 25x | as long as short |
| Aevo PENGU-PERP | −0.893% | +0.0104% | 1h | $200K | $17K | 3x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.870% | 0.0000% | 1h | $22K | $4K | 10x | as long as short |
| SoDEX PENGU-USDshort | −0.801% | +0.0100% | 1h | $982 | $14K | 5x | |
| Kraken Futures PF_PENGUUSD | −0.767% | +0.0524% | 1h | $371K | $765K | 50x | as long as short |
| Backpack PENGU_USDC_PERP | −0.664% | +0.0100% | 1h | $300K | $264K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX PENGU-USD | −0.402% | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Arcus PENGU-USD | −0.401% | +0.0100% | 1h | $4K | $9K | 5x | as long as short |
| Pacifica PENGU | −0.378% | +0.0100% | 1h | $204K | $124K | 5x | as long as short |
| Coinbase International PENGU-PERP-INTX | −0.378% | +0.2520% | 1h | $84K | $187K | 50x | as long as short |
| Lighter PENGU | −0.355% | +0.0096% | 1h | $304K | $440K | 8x | as long as short |
| Extended PENGU-USD | −0.278% | +0.0104% | 1h | $190K | $663K | 10x | as long as short |
| 01 Exchange PENGUUSD | −0.252% | −0.0072% | 1h | $168 | $28 | 5x | as long as short |
| Aster PENGUUSDT | −0.245% | +0.0100% | 4h | $176K | $317K | 20x | as long as short |
| Nado PENGU-PERP | −0.157% | +0.0060% | 1h | $224K | $291K | 5x | as long as short |
| OKX PENGU-USDT-SWAP | −0.137% | +0.0100% | 4h | $7.4M | $33.7M | 50x | as long as short |
| Bybit PENGUUSDT | −0.126% | +0.0100% | 4h | $21.8M | $21.0M | 75x | as long as short |
| KuCoin PENGUUSDTM | −0.126% | +0.0100% | 4h | $4.8M | $6.5M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.114% | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Reya PENGURUSDPERP | −0.108% | +0.0235% | 1h | $295 | — | 10x | as long as short |
| MEXC PENGU_USDT | −0.080% | +0.0100% | 4h | $12.2M | $9.0M | 125x | as long as short |
| Hyperliquid PENGU | −0.069% | +0.0100% | 1h | $8.3M | $6.3M | 5x | as long as short |
| BingX PENGU-USDC | −0.069% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Gate PENGU_USDT | −0.057% | +0.0100% | 4h | $3.8M | $8.5M | 75x | as long as short |
| gTrade (Gains Network) PENGU/USD | −0.034% | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Binance PENGUUSDT | −0.002% | +0.0100% | 4h | $37.7M | $103.5M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC]long | 0.000% | L +0.0391% / S −0.0364% | 1h | $86K | — | 100x | |
| Bitget PENGUUSDT | +0.092% | +0.0100% | 4h | $8.6M | $7.7M | 75x | as long as short |
| SunX PENGU-USDT | +1.626% | +0.0100% | 4h | $3K | $1.7M | 10x | as long as short |