Funding spread now, next payment 17:00 UTC+1.0433%/8h
next payment, per $10,000+$13.04paid, last 24h+0.306%paid, last 5 days+0.800%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.800% in total (about 58.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.04 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 | Backpack PENGU_USDC_PERP | 0.008642 | 0.0100 | pay 0.0013% / 1h | 22m 22s | $309K | $308K | 10x |
| Short | dYdX PENGU-USD | 0.008637 | 1.0533 | get 0.1317% / 1h | 22m 22s | $11K | $5K | 5x |
Backpack PENGU_USDC_PERP
dYdX PENGU-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $2,191
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $2,171
- Break-even
- 0.1 days
Slippage unknown: Backpack: live order book, 23 min ago; dYdX: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.062%
- 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 Backpack live order book, 23 min ago | 0.56 bp | 7.4 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 33 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.0080% | 4h | $3.6M | $12.2M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $308K | $471K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0098% | 4h | $16K | $186K | 20x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $178K | $344K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | $202K | $129K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | $37.0M | $125.1M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | $21.9M | $26.4M | 75x | as long as short |
| OKX PENGU-USDT-SWAP | +0.0100% | 4h | $7.6M | $39.6M | 50x | as long as short |
Gate PENGU_USDT
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Lighter PENGU
Orderly PERP_PENGU_USDC
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
Arcus PENGU-USD
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Variational Omni PENGU
ApeX Omni PENGUUSDT
Nado PENGU-PERP
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Kraken Futures PF_PENGUUSD
Reya PENGURUSDPERP
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Hyperliquid PENGU
Coinbase International PENGU-PERP-INTX
Injective PENGU/USDC PERP