Funding spread now, next payment 16:00 UTC−0.2812%/8h
paid, last 24h−0.384%paid, last 7 days−1.487%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid -1.487% in total (about -77.5% a year). A funding rate is set anew for every payment. 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 | Coinbase International PENGU-PERP-INTX | 0.008823 | 0.2912 | pay 0.0364% / 1h | 56m 14s | $93K | $136K | 50x |
| Short | SunX PENGU-USDT | 0.008978 | 0.0100 | get 0.0050% / 4h | 3h 56m | $3K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$590.52
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$610.52
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 53 min ago; SunX: live order book, 6 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +1.757%
- Avg gap 7d
- +2.009%
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 Coinbase International live order book, 53 min ago | 120.12 bp | 141.9 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 255.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PENGU on 33 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.0206% | 1h | $21K | $6K | 10x | as long as short |
| Gate PENGU_USDT | −0.0040% | 4h | $3.8M | $10.4M | 75x | as long as short |
| dYdX PENGU-USD | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $307K | $442K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0098% | 4h | $21K | $179K | 20x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $172K | $363K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | $206K | $126K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | $37.8M | $116.0M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | $22.3M | $23.5M | 75x | as long as short |
Coinbase International PENGU-PERP-INTX
SunX PENGU-USDT
Deribit PENGU_USDC-PERPETUAL
Gate PENGU_USDT
gTrade (Gains Network) PENGU/USD
Lighter PENGU
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
ApeX Omni PENGUUSDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Kraken Futures PF_PENGUUSD
BloFin PENGU-USDT
GMX PENGU/USD [WBTC.b-USDC]
Hyperliquid PENGU
Injective PENGU/USDC PERP