TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.007522−0.0028get 0.0004% / 1h59m 12s$142K$223K50xLong TxFlow5% off
SHORT0.007534+0.0096get 0.0012% / 1h59m 12s$203K$69K8xShort Lighter7d free
Price gap+0.160%
Funding gap+0.0124% /8h

Both sides work: funding pays +$4 a day on $10k, and the gap is 0.044% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$24+0.0124% /8h now · paid +0.242% over the last 7D
Price+$4spread +0.160% now, avg +0.115% → +0.044% if it goes back
Costs−$260.261% of $10k · taker + slippage, in and out
Result+$3+0.03%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.160%
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 34 exchanges

lowest funding first

Before you open

5 ok · 1 to watch
  • OK: Fits both order books7.3 / 4.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $1,250
    TxFlow 50x, Lighter 8x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$3.72Long TxFlow: 24 payments, +$0.84; short Lighter: 24 payments, +$2.88.
  • OK: Entry gap works for you+0.160% vs +0.115%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$142K vs $203K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points · Lighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legTxFlow No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0115%/8h × 21 periods+$24.24
Price spread+0.160% → +0.115% (7d avg)+$4.42
Slippage, 4 orderslive order books−$17.12
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k+$2.54
Costs to cover0.261%Break-even6.3 days
Slippage: TxFlow: live order book, 56 min ago; Lighter: live order book, 53 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow0.677.3 bp−$716.2 bp−$16287.0 bp−$8,696doesn’t fit
SELL · SHORTLighter3.334.8 bp−$541.5 bp−$415doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PENGU news

posts that mention PENGU, from every exchangeSearch all news →
10-21 06:00BitgetOtherCrypto assets that moved big last night. $ZEC +10.30% $PENGU $6.12% $NEAR +4.28% What else did you catch? @bitget on X ↗
10-05 02:16SoDEXOther📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗
09-29 21:28Kraken FuturesOther"Bro, I am in a state of absolute abundance. Crypto. Stocks. Earning rewards. Secure. I'm swimming in options. While you're chasing rugs, I am chilling with my premium, strategic portfolio. This is what building wealth looks like. Fix your mindset, bro. Get on Kraken." -PENGU @krakenfx on X ↗
09-23 09:31PhemexListingnew market PENGUUSDT ($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 ↗