PG funding rate explained
Right now Procter & Gamble (Dinari Tokenized Stock) (PG) perpetual futures trade on 1 exchange we track. The highest funding is on Gate at -0.060% per day, the lowest on Gate at -0.060%. The average across all venues is -0.060% per day, or about -21.9% a year. Negative funding means PG shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts PG on Gate and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live PG arbitrage board for the price side of the trade.
Settlement intervals differ: PG funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: PG arbitrage · Procter & Gamble (Dinari Tokenized Stock) price · funding rates for all coins.