Spread before costs (cost unknown: a leg has no order-book sample)+0.127%
7d average—if it closes, per $10,000$13funding while held, a day−$8.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PENGU/USD [WBTC.b-USDC] | 0.008632 | L +0.0492% / S −0.0678% | pay 0.0061% / 1h | 16m 22s | $108K | — | 100x |
| Short | 01 Exchange PENGUUSD | 0.008643 | 0.0200 | get 0.0025% / 1h | 16m 22s | $167 | $28 | 5x |
GMX PENGU/USD [WBTC.b-USDC]Price 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
- $12.74
- Funding while held
- −$8.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$15.01
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0292%
- Per $10,000 a day
- −$8.76
- 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 01 Exchange no order-book sample | — | — | — | — | — |
GMX and 01 Exchange: 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.Bybit0.008619cheapestBingX0.008624+0.058%OKX0.008626+0.081%Gate0.008626+0.081%Orderly0.008628+0.104%Binance0.008629+0.112%MEXC0.008631+0.139%
Bybit
BingX
OKX
Gate
Orderly
Binance
MEXCGMX0.008632+0.151%
Reya0.008632+0.155%KuCoin0.008633+0.162%gTrade (Gains Network)0.008634+0.172%Extended0.008635+0.183%Pacifica0.008635+0.186%SoDEX0.008636+0.197%BloFin0.008636+0.197%dYdX0.008636+0.201%Aevo0.008637+0.209%Backpack0.008638+0.220%Nado0.008638+0.226%Lighter0.008639+0.232%Bitget0.008639+0.232%Arcus0.008640+0.244%Hyperliquid0.008642+0.267%Deribit0.008642+0.267%Aster0.008644+0.287%Kraken Futures0.008648+0.332%ApeX Omni0.008653+0.394%HTX0.008661+0.487%Variational Omni0.008679+0.699%Injective0.008792+2.007%Coinbase International0.008808+2.193%SunX0.008852+2.703%
Reya
KuCoin
gTrade (Gains Network)
Extended
Pacifica
SoDEX
BloFin
dYdX
Aevo
Backpack
Nado
Lighter
Bitget
Arcus
Hyperliquid
Deribit
Aster
Kraken Futures
ApeX Omni
HTX
Variational Omni
Injective
Coinbase International
SunXPENGU on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENGUUSDT | −0.151% | +0.0100% | 4h | $21.9M | $27.1M | 75x | as long as short |
| BingX PENGU-USDC | −0.093% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| OKX PENGU-USDT-SWAP | −0.070% | +0.0100% | 4h | $7.8M | $39.9M | 50x | as long as short |
| Gate PENGU_USDT | −0.070% | −0.0138% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Orderly PERP_PENGU_USDC | −0.046% | +0.0098% | 4h | $16K | $182K | 20x | as long as short |
| Binance PENGUUSDT | −0.039% | +0.0100% | 4h | $36.6M | $127.8M | 75x | as long as short |
| MEXC PENGU_USDT | −0.012% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC]long | 0.000% | L +0.0492% / S −0.0678% | 1h | $108K | — | 100x | |
| Reya PENGURUSDPERP | +0.004% | +0.0236% | 1h | $291 | — | 10x | as long as short |
| KuCoin PENGUUSDTM | +0.012% | +0.0100% | 4h | $5.1M | $7.1M | 75x | as long as short |