Funding spread now, next payment 15:00 UTC−0.0281%/8h
next payment, per $10,000−$0.35paid, last 24h−0.038%paid, last 3 days+0.074%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.074% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus PENGU-USD | 0.008270 | 0.0100 | pay 0.0013% / 1h | 57m 23s | $4K | $31K | 5x |
| Short | Backpack PENGU_USDC_PERP | 0.008269 | −0.0181 | pay 0.0023% / 1h | 57m 23s | $285K | $256K | 10x |
Arcus PENGU-USD
Backpack PENGU_USDC_PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$58.97
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$73.47
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Backpack: live order book, 63 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.012%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 63 min ago | 0.60 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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 on 32 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.0233% | 1h | $21K | $4K | 10x | as long as short |
| Backpack PENGU_USDC_PERPshort | −0.0181% | 1h | $285K | $256K | 10x | |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $32K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | $3K | $116K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $325K | $374K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0096% | 4h | $16K | $174K | 20x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | $207K | $259K | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | $8.3M | $5.8M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $168K | $305K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | $193K | $121K | 5x | as long as short |
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
Orderly PERP_PENGU_USDC
Nado PENGU-PERP
Hyperliquid PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
Gate PENGU_USDT
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Variational Omni PENGU
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Reya PENGURUSDPERP
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Kraken Futures PF_PENGUUSD
dYdX PENGU-USD
Coinbase International PENGU-PERP-INTX