Funding spread now, next payment 20:00 UTC−0.0525%/8h
next payment, per $10,000−$0.66paid, last 24h−0.106%paid, last 3 days−0.133%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 -0.133% in total (about -16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.66 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] | 0.008978 | L +0.0513% / S −0.0698% | pay 0.0064% / 1h | 56m 52s | $115K | — | 100x |
| Short | Backpack PENGU_USDC_PERP | 0.008968 | −0.0012 | pay 0.0002% / 1h | 56m 52s | $317K | $308K | 10x |
GMX PENGU/USD [WBTC.b-USDC]
Backpack PENGU_USDC_PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$110.28
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$132.28
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Backpack: live order book, 38 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.111%
- Avg gap 7d
- −0.057%
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 Backpack live order book, 38 min ago | 0.57 bp | 11.3 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|
| BloFin PENGU-USDT | −0.0119% | 4h | $1.6M | $2.3M | 75x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | −0.0084% | 1h | $20K | $7K | 10x | as long as short |
| Gate PENGU_USDT | −0.0060% | 4h | $3.7M | $13.9M | 75x | as long as short |
| Backpack PENGU_USDC_PERPshort | −0.0012% | 1h | $317K | $308K | 10x | |
| dYdX PENGU-USD | 0.0000% | 1h | $12K | $5K | 5x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Injective PENGU/USDC PERP | +0.0033% | 1h | $3K | $24K | 5.5x | as long as short |
| Kraken Futures PF_PENGUUSD | +0.0039% | 1h | $648K | $1.5M | 50x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $345K | $546K | 8x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | $692K | $718K | 5x | as long as short |
BloFin PENGU-USDT
Deribit PENGU_USDC-PERPETUAL
Gate PENGU_USDT
dYdX PENGU-USD
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Kraken Futures PF_PENGUUSD
Lighter PENGU
Nado PENGU-PERP
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
Orderly PERP_PENGU_USDC
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Reya PENGURUSDPERP
Hyperliquid PENGU
Coinbase International PENGU-PERP-INTX