PENGU

Alert

Funding spread now, next payment 19:00 UTC+0.0806%/8h

paid, last 24h+0.074%paid, last 3 days+0.155%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 0.155% in total (about 19.3% 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	Gate PENGU_USDT	0.008699	−0.0108	get 0.0054% / 4h	1h 34m	$3.6M	$12.9M	75x
Short	GMX PENGU/USD [WBTC.b-USDC]	0.008697	L +0.0503% / S −0.0698%	get 0.0087% / 1h	34m 39s	$112K	—	100x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee GMXbpOrdersRate

Funding earned: $169.31
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: $142.31
Break-even: 1.1 days

Slippage unknown: Gate: live order book, just now; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.023%
Avg gap 7d: +0.053%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, just now	2.30 bp	16.0 bp −$16	31.8 bp −$318	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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_USDTlong	−0.0108%	4h	$3.6M	$12.9M	75x
Kraken Futures PF_PENGUUSD	−0.0074%	1h	$307K	$980K	50x	as long as short
dYdX PENGU-USD	0.0000%	1h	$12K	$5K	5x	as long as short
Deribit PENGU_USDC-PERPETUAL	0.0000%	1h	$20K	$7K	10x	as long as short
gTrade (Gains Network) PENGU/USD	L +0.0007% / S −0.0003%	1h	$33K	—	150x	as long as short
Injective PENGU/USDC PERP	+0.0033%	1h	$3K	$24K	5.5x	as long as short
Lighter PENGU	+0.0096%	1h	$314K	$493K	8x	as long as short
Orderly PERP_PENGU_USDC	+0.0096%	4h	$21K	$187K	20x	as long as short
Nado PENGU-PERP	+0.0100%	1h	$633K	$684K	5x	as long as short
Hyperliquid PENGU	+0.0100%	1h	$9.7M	$12.0M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster PENGUUSDT	+0.0100%	4h	$180K	$366K	20x	as long as short
Pacifica PENGU	+0.0100%	1h	$206K	$133K	5x	as long as short
Binance PENGUUSDT	+0.0100%	4h	$37.0M	$130.0M	75x	as long as short
Bybit PENGUUSDT	+0.0100%	4h	$22.2M	$27.6M	75x	as long as short
OKX PENGU-USDT-SWAP	+0.0100%	4h	$8.1M	$41.1M	50x	as long as short
Arcus PENGU-USD	+0.0100%	1h	$19K	$23K	5x	as long as short
MEXC PENGU_USDT	+0.0100%	4h	$11.4M	$10.8M	125x	as long as short
KuCoin PENGUUSDTM	+0.0100%	4h	$5.2M	$7.2M	75x	as long as short
Bitget PENGUUSDT	+0.0100%	4h	$8.5M	$9.9M	75x	as long as short
BingX PENGU-USDT	+0.0100%	4h	—	$3.9M	—	as long as short
Backpack PENGU_USDC_PERP	+0.0100%	1h	$307K	$305K	10x	as long as short
Variational Omni PENGU	+0.0100%	4h	$777K	$526K	—	as long as short
ApeX Omni PENGUUSDT	+0.0100%	1h	$80K	$252K	50x	as long as short
SunX PENGU-USDT	+0.0100%	4h	$3K	$2.0M	10x	as long as short
SoDEX PENGU-USD	+0.0100%	1h	$978	$14K	5x	as long as short
HTX PENGU-USDT	+0.0100%	4h	$97K	$234K	25x	as long as short
Extended PENGU-USD	+0.0104%	1h	$179K	$678K	10x	as long as short
Aevo PENGU-PERP	+0.0104%	1h	$201K	$17K	3x	as long as short
01 Exchange PENGUUSD	+0.0168%	1h	$199	$59	5x	as long as short
Reya PENGURUSDPERP	+0.0236%	1h	$294	—	10x	as long as short
BloFin PENGU-USDT	+0.0340%	4h	$1.5M	$1.6M	75x	as long as short
GMX PENGU/USD [WBTC.b-USDC]short	L +0.0503% / S −0.0698%	1h	$112K	—	100x
Coinbase International PENGU-PERP-INTX	+0.2920%	1h	$93K	$128K	50x	as long as short