Funding spread now, next payment 17:00 UTC−0.0397%/8h
next payment, per $10,000−$0.50paid, last 24h−0.071%paid, last 3 days−0.060%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 -0.060% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 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] | 0.008858 | L +0.0493% / S −0.0663% | pay 0.0062% / 1h | 48m 24s | $109K | — | 100x |
| Short | Lighter PENGU | 0.008896 | 0.0096 | get 0.0012% / 1h | 48m 24s | $311K | $446K | 8x |
GMX PENGU/USD [WBTC.b-USDC]
Lighter PENGUFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$83.41
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$95.41
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 53 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.429%
- 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 Lighter live order book, 53 min ago | 4.67 bp | 11.9 bp −$12 | 70.4 bp −$704 | 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 | −0.0008% | 4h | $3.9M | $10.8M | 75x | as long as short |
| dYdX PENGU-USD | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | 0.0000% | 1h | $21K | $6K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Lighter PENGUshort | +0.0096% | 1h | $311K | $446K | 8x | |
| Orderly PERP_PENGU_USDC | +0.0099% | 4h | $22K | $179K | 20x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $180K | $331K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | $208K | $128K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | $38.4M | $118.8M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | $23.5M | $24.5M | 75x | as long as short |
Gate PENGU_USDT
dYdX PENGU-USD
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Orderly PERP_PENGU_USDC
Aster PENGUUSDT
Pacifica PENGU
Binance PENGUUSDT
Bybit PENGUUSDT
OKX PENGU-USDT-SWAP
Arcus PENGU-USD
MEXC PENGU_USDT
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Backpack PENGU_USDC_PERP
Variational Omni PENGU
ApeX Omni PENGUUSDT
Nado PENGU-PERP
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Kraken Futures PF_PENGUUSD
Reya PENGURUSDPERP
BloFin PENGU-USDT
Hyperliquid PENGU
Coinbase International PENGU-PERP-INTX
Injective PENGU/USDC PERP