Funding spread now, next payment 18:00 UTC−0.0388%/8h
next payment, per $10,000−$0.49paid, last 24h−0.072%paid, last 3 days−0.066%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 -0.066% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.49 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 | GMX PENGU/USD [WBTC.b-USDC] | 0.008551 | L +0.0488% / S −0.0675% | pay 0.0061% / 1h | 7m 27s | $107K | — | 100x |
| Short | ApeX Omni PENGUUSDT | 0.008544 | 0.0100 | get 0.0013% / 1h | 7m 27s | $78K | $253K | 50x |
GMX PENGU/USD [WBTC.b-USDC]
ApeX Omni PENGUUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$81.51
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$103.51
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 31 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.082%
- Avg gap 7d
- −0.021%
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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 31 min ago | 4.05 bp | 11.4 bp −$11 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
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_USDT | −0.0150% | 4h | $3.5M | $13.0M | 75x | as long as short |
| dYdX PENGU-USD | 0.0000% | 1h | $11K | $5K | 5x | 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 |
| Backpack PENGU_USDC_PERP | +0.0060% | 1h | $302K | $306K | 10x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $308K | $490K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0096% | 4h | $16K | $182K | 20x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | $626K | $680K | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | $9.6M | $11.9M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $203K | $340K | 20x | as long as short |
Gate PENGU_USDT
dYdX PENGU-USD
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Backpack 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
Arcus PENGU-USD
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDC
Variational Omni PENGU
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Reya PENGURUSDPERP
Kraken Futures PF_PENGUUSD
BloFin PENGU-USDT
Coinbase International PENGU-PERP-INTX
Injective PENGU/USDC PERP