Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.009920+0.0080pay 0.0010% / 1h0m 14s$163K$1.6M10xLong Extended10% off
SHORT0.009925+0.0100get 0.0050% / 4h0m 14s$1.5M$2.8M50xShort Phemex
Price gap+0.049%
Funding gap+0.0020% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1+0.0020% /8h now · paid −0.007% over the last 7D
Price−$1spread +0.049% now, avg +0.058% → −0.009% if it goes back
Costs−$980.977% of $10k · taker + slippage, in and out
Result−$99−0.99%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.049%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PENGU on 35 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size8.9 / 45.1 bp
    At $10k entering Phemex costs 45.1 bp, fee and slippage, 5.1× Extended’s.
  • Note: Margin at max leverage$1,000 + $200
    Extended 10x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.60Long Extended: 24 payments, −$2.40; short Phemex: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.049% vs +0.058%
    The price leg adds little either way.
  • Watch: Long leg is thinner$163K vs $1.5M OI
    Extended sets your exit cost. Check its book before closing.
  • OK: Points on a legExtended points
    Volume here counts toward the points program.
  • Watch: KYCExtended No · Phemex Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0003%/8h × 21 periods−$0.67
Price spread+0.049% → +0.058% (7d avg)−$0.94
Slippage, 4 orderslive order books−$80.70
Fee Extended bp × 2 orders−$5.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$99.31
Costs to cover0.977%Break-evennever at this rate
Slippage: Extended: live order book, 2 min ago; Phemex: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGExtended0.508.9 bp−$966.7 bp−$667doesn’t fitdoesn’t fit
SELL · SHORTPhemex3.0245.1 bp−$45148.9 bp−$1,489doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PENGU news

posts that mention PENGU, from every exchangeSearch all news →
09-30 01:05ReyaListingPENGURUSDPERP no longer reported ($PENGU) seen by our collector
09-29 21:28Kraken FuturesOther"Bro, I am in a state of absolute abundance. Crypto. Stocks. Earning rewards. Secure. I'm swimming in options. While you're chasing rugs, I am chilling with my premium, strategic portfolio. This is what building wealth looks like. Fix your mindset, bro. Get on Kraken." -PENGU @krakenfx on X ↗
09-23 09:31PhemexListingnew market PENGUUSDT ($PENGU) seen by our collector
09-19 12:00KuCoinOtherAltseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗