Funding spread now, next payment 17:00 UTC−0.0303%/8h
paid, last 24h−0.070%paid, last 3 days−0.067%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 -0.067% in total (about -8.7% 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 | GMX PENGU/USD [WBTC.b-USDC] | 0.008774 | L +0.0402% / S −0.0380% | pay 0.0050% / 1h | 56m 14s | $89K | — | 100x |
| Short | Orderly PERP_PENGU_USDC | 0.008775 | 0.0098 | get 0.0049% / 4h | 3h 56m | $21K | $179K | 20x |
GMX PENGU/USD [WBTC.b-USDC]
Orderly PERP_PENGU_USDCFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$63.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$81.72
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.011%
- 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 Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | |
|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.0206% | 1h | $21K | $6K | 10x | as long as short |
| Gate PENGU_USDT | −0.0040% | 4h | $3.8M | $10.4M | 75x | as long as short |
| dYdX PENGU-USD | 0.0000% | 1h | $10K | $1K | 5x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $34K | — | 150x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $307K | $442K | 8x | as long as short |
| Orderly PERP_PENGU_USDCshort | +0.0098% | 4h | $21K | $179K | 20x | |
| Aster PENGUUSDT | +0.0100% | 4h | $172K | $363K | 20x | as long as short |
| Pacifica PENGU | +0.0100% | 1h | $206K | $126K | 5x | as long as short |
| Binance PENGUUSDT | +0.0100% | 4h | $37.8M | $116.0M | 75x | as long as short |
| Bybit PENGUUSDT | +0.0100% | 4h | $22.3M | $23.5M | 75x | as long as short |
Deribit PENGU_USDC-PERPETUAL
Gate PENGU_USDT
dYdX PENGU-USD
gTrade (Gains Network) PENGU/USD
Lighter 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-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