Funding spread now, next payment 18:00 UTC+0.0575%/8h
paid, last 24h+0.063%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 8.4% 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 | MEXC PENGU_USDT | 0.008548 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $11.1M | $11.0M | 125x |
| Short | GMX PENGU/USD [WBTC.b-USDC] | 0.008548 | L +0.0488% / S −0.0675% | get 0.0084% / 1h | 4m 30s | $107K | — | 100x |
MEXC PENGU_USDT
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
- $120.75
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $108.75
- Break-even
- 0.7 days
Slippage unknown: MEXC: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- 0.000%
- Avg gap 7d
- +0.053%
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 MEXC live order book, 5 min ago | 2.34 bp | 5.7 bp −$6 | 19.8 bp −$198 | 61.3 bp −$6,133 | 128.8 bp −$64.4K |
| 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 | |
|---|---|---|---|---|---|---|
| Gate PENGU_USDT | −0.0144% | 4h | $3.5M | $13.0M | 75x | as long as short |
| dYdX PENGU-USD | 0.0000% | 1h | $11K | $5K | 5x | as long as short |
| Deribit PENGU_USDC-PERPETUAL | 0.0000% | 1h | $19K | $7K | 10x | as long as short |
| gTrade (Gains Network) PENGU/USD | L +0.0007% / S −0.0003% | 1h | $33K | — | 150x | as long as short |
| Backpack PENGU_USDC_PERP | +0.0044% | 1h | $302K | $306K | 10x | as long as short |
| Lighter PENGU | +0.0096% | 1h | $307K | $490K | 8x | as long as short |
| Orderly PERP_PENGU_USDC | +0.0096% | 4h | $21K | $182K | 20x | as long as short |
| Nado PENGU-PERP | +0.0100% | 1h | $623K | $680K | 5x | as long as short |
| Hyperliquid PENGU | +0.0100% | 1h | $9.5M | $12.0M | 5x | as long as short |
| Aster PENGUUSDT | +0.0100% | 4h | $202K | $340K | 20x | as long as short |
Gate PENGU_USDT
dYdX PENGU-USD
Deribit PENGU_USDC-PERPETUAL
gTrade (Gains Network) PENGU/USD
Backpack 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
KuCoin PENGUUSDTM
Bitget PENGUUSDT
BingX PENGU-USDT
Variational Omni PENGU
ApeX Omni PENGUUSDT
SunX PENGU-USDT
SoDEX PENGU-USD
HTX PENGU-USDT
Extended PENGU-USD
Aevo PENGU-PERP
Reya PENGURUSDPERP
Kraken Futures PF_PENGUUSD
BloFin PENGU-USDT
Coinbase International PENGU-PERP-INTX
Injective PENGU/USDC PERP