Funding spread now, next payment 16:00 UTC−0.0287%/8h
next payment, per $10,000−$0.36paid, last 24h−0.067%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 -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.36 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] | 0.008688 | L +0.0391% / S −0.0366% | pay 0.0049% / 1h | 45m 33s | $86K | — | 100x |
| Short | Extended PENGU-USD | 0.008671 | 0.0104 | get 0.0013% / 1h | 45m 33s | $192K | $665K | 10x |
GMX PENGU/USD [WBTC.b-USDC]
Extended PENGU-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$60.25
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$77.25
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.193%
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 4 min ago | 1.15 bp | 11.1 bp −$11 | 43.2 bp −$432 | 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 | |
|---|---|---|---|---|---|---|
| 01 Exchange PENGUUSD | −0.0056% | 1h | $167 | $28 | 5x | as long as short |
| dYdX PENGU-USD | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | 0.0000% | 1h | $22K | $4K | 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 | $116K | 5.5x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $302K | $442K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0096% | 4h | $17K | $175K | 20x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | $222K | $294K | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | $8.5M | $6.5M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $176K | $318K | 20x | as long as short |
dYdX PENGU-USD
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Injective 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
Gate PENGU_USDT
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Aevo PENGU-PERP
Reya PENGURUSDPERP
BloFin PENGU-USDT
Kraken Futures PF_PENGUUSD
Coinbase International PENGU-PERP-INTX