Funding spread now, next payment 19:00 UTC+0.0770%/8h
next payment, per $10,000+$0.96paid, last 24h+0.054%paid, last 3 days−0.022%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 -0.022% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 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 | Kraken Futures PF_PENGUUSD | 0.008950 | −0.0072 | get 0.0009% / 1h | 11m 14s | $334K | $1.0M | 50x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008942 | L +0.0511% / S −0.0698% | get 0.0087% / 1h | 11m 14s | $115K | — | 100x |
Kraken Futures PF_PENGUUSD
GMX PENGU/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $161.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $139.69
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.089%
- Avg gap 7d
- −0.045%
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 Kraken Futures live order book, 4 min ago | 14.98 bp | 27.7 bp −$28 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|
| Deribit PENGU_USDC-PERPETUAL | −0.0085% | 1h | $20K | $7K | 10x | as long as short |
| Gate PENGU_USDT | −0.0084% | 4h | $3.7M | $13.5M | 75x | as long as short |
| Kraken Futures PF_PENGUUSDlong | −0.0072% | 1h | $334K | $1.0M | 50x | |
| 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 |
| Lighter PENGU | +0.0096% | 1h | $345K | $540K | 8x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | $656K | $695K | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | $10.8M | $12.8M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $179K | $380K | 20x | as long as short |
Deribit PENGU_USDC-PERPETUAL
Gate PENGU_USDT
dYdX PENGU-USD
gTrade (Gains Network) PENGU/USD
Injective PENGU/USDC PERP
Lighter PENGU
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-USDT
Backpack PENGU_USDC_PERP
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
BloFin PENGU-USDT
Coinbase International PENGU-PERP-INTX