Spread before costs (cost unknown: a leg has no order-book sample)−0.328%
7d average—if it closes, per $10,000$33funding while held, a day+$7.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PENGU | 0.008526 | 0.0100 | pay 0.0013% / 1h | 4m 15s | $199K | $122K | 5x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008498 | L +0.0385% / S −0.0362% | get 0.0045% / 1h | 4m 15s | $84K | — | 100x |
Pacifica PENGU
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
- −$32.84
- Funding while held
- $7.85
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$44.99
- Spread needed to break even
- 0.200%
Slippage unknown: Pacifica: live order book, 50 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0262%
- Per $10,000 a day
- +$7.85
- 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 Pacifica live order book, 50 min ago | 3.66 bp | 18.0 bp −$18 | doesn't fit | 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.Injective0.007874cheapest
ApeX Omni0.008492+7.849%Bybit0.008497+7.912%
Injective
ApeX Omni
BybitGMX0.008498+7.925%
Binance0.008500+7.948%Aevo0.008500+7.950%Extended0.008501+7.960%Variational Omni0.008501+7.962%OKX0.008502+7.976%KuCoin0.008502+7.976%BingX0.008502+7.976%Deribit0.008502+7.976%gTrade (Gains Network)0.008502+7.981%Orderly0.008503+7.988%Lighter0.008507+8.039%Gate0.008507+8.039%Bitget0.008507+8.039%MEXC0.008509+8.065%Reya0.008510+8.075%Kraken Futures0.008510+8.075%Nado0.008512+8.109%Aster0.008516+8.159%Hyperliquid0.008517+8.166%01 Exchange0.008518+8.179%Arcus0.008520+8.204%HTX0.008521+8.217%dYdX0.008526+8.280%
Binance
Aevo
Extended
Variational Omni
OKX
KuCoin
BingX
Deribit
gTrade (Gains Network)
Orderly
Lighter
Gate
Bitget
MEXC
Reya
Kraken Futures
Nado
Aster
Hyperliquid
Arcus
HTX
dYdXPacifica0.008526+8.280%
Backpack0.008530+8.331%SoDEX0.008533+8.369%BloFin0.008536+8.407%Coinbase International0.008559+8.700%SunX0.008704+10.541%
Backpack
SoDEX
BloFin
Coinbase International
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 | −7.647% | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| ApeX Omni PENGUUSDT | −0.399% | +0.0100% | 1h | $73K | $250K | 50x | as long as short |
| Bybit PENGUUSDT | −0.340% | +0.0100% | 4h | $21.0M | $20.2M | 75x | as long as short |
| GMX PENGU/USD [WBTC.b-USDC]short | −0.328% | L +0.0385% / S −0.0362% | 1h | $84K | — | 100x | |
| Binance PENGUUSDT | −0.307% | +0.0100% | 4h | $36.4M | $99.0M | 75x | as long as short |
| Aevo PENGU-PERP | −0.305% | +0.0104% | 1h | $196K | $17K | 3x | as long as short |
| Extended PENGU-USD | −0.296% | +0.0104% | 1h | $163K | $638K | 10x | as long as short |
| Variational Omni PENGU | −0.294% | +0.0100% | 4h | $684K | $284K | — | as long as short |
| OKX PENGU-USDT-SWAP | −0.281% | +0.0100% | 4h | $7.2M | $31.8M | 50x | as long as short |
| KuCoin PENGUUSDTM | −0.281% | +0.0100% | 4h | $4.7M | $6.5M | 75x | as long as short |