Spread before costs (cost unknown: a leg has no order-book sample)−0.006%
7d average+0.057%if it closes, per $10,000$1funding while held, a day+$17.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado PENGU-PERP | 0.008638 | 0.0100 | pay 0.0012% / 1h | 16m 33s | $636K | $677K | 5x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008638 | L +0.0492% / S −0.0678% | get 0.0085% / 1h | 16m 33s | $108K | — | 100x |
Nado PENGU-PERP
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
- −$0.58
- Funding while held
- $17.33
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$2.25
- Spread needed to break even
- 0.190%
Slippage unknown: Nado: live order book, 23 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0578%
- Per $10,000 a day
- +$17.33
- 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 Nado live order book, 23 min ago | 1.16 bp | 9.1 bp −$9 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.Bybit0.008627cheapestBingX0.008629+0.023%OKX0.008632+0.058%Binance0.008634+0.076%Gate0.008634+0.081%Extended0.008635+0.090%Pacifica0.008635+0.093%KuCoin0.008635+0.093%MEXC0.008636+0.104%SoDEX0.008636+0.104%BloFin0.008636+0.104%dYdX0.008636+0.108%Aevo0.008637+0.116%Backpack0.008638+0.128%
Bybit
BingX
OKX
Binance
Gate
Extended
Pacifica
KuCoin
MEXC
SoDEX
BloFin
dYdX
Aevo
BackpackGMX0.008638+0.128%
Nado0.008638+0.133%
Lighter0.008639+0.139%Orderly0.008639+0.139%Arcus0.008640+0.151%Bitget0.008641+0.162%Aster0.008642+0.170%Deribit0.008642+0.174%gTrade (Gains Network)0.008642+0.176%Reya0.008642+0.178%01 Exchange0.008643+0.185%Kraken Futures0.008648+0.239%Hyperliquid0.008648+0.243%ApeX Omni0.008653+0.301%HTX0.008661+0.394%Variational Omni0.008679+0.606%Injective0.008792+1.913%Coinbase International0.008808+2.098%SunX0.008852+2.608%
Lighter
Orderly
Arcus
Bitget
Aster
Deribit
gTrade (Gains Network)
Reya
Kraken Futures
Hyperliquid
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 | −0.133% | +0.0100% | 4h | $22.0M | $27.1M | 75x | as long as short |
| BingX PENGU-USDC | −0.110% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| OKX PENGU-USDT-SWAP | −0.075% | +0.0100% | 4h | $7.8M | $39.9M | 50x | as long as short |
| Binance PENGUUSDT | −0.057% | +0.0100% | 4h | $36.6M | $127.8M | 75x | as long as short |
| Gate PENGU_USDT | −0.052% | −0.0138% | 4h | $3.6M | $12.9M | 75x | as long as short |
| Extended PENGU-USD | −0.043% | +0.0104% | 1h | $178K | $678K | 10x | as long as short |
| Pacifica PENGU | −0.041% | +0.0100% | 1h | $204K | $133K | 5x | as long as short |
| KuCoin PENGUUSDTM | −0.041% | +0.0100% | 4h | $5.1M | $7.1M | 75x | as long as short |
| MEXC PENGU_USDT | −0.029% | +0.0100% | 4h | $11.4M | $10.9M | 125x | as long as short |
| SoDEX PENGU-USD | −0.029% | +0.0100% | 1h | $973 | $14K | 5x | as long as short |