PENGU funding rate

Live Pudgy Penguins perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.030%Bybit

Lowest (24h)-0.003%Binance

Average (24h)+0.021%across 11 venues

Funding gap (24h)+0.033%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

BybitCEX · PENGUUSDT+0.0050%4h—+0.030%+10.9%$0.009135-0.087%$28.30M

BitgetCEX · PENGUUSDT+0.0050%4h—+0.030%+10.9%$0.00915+0.078%$10.05M

GateCEX · PENGU_USDT+0.0050%4h00:14:08+0.030%+10.9%$0.009138-0.044%$5.81M

HyperliquidPerp DEX · PENGU+0.0013%1h00:14:08+0.030%+10.9%$0.009142-0.011%$8.96M

AsterPerp DEX · PENGUUSDT+0.0050%4h—+0.030%+10.9%$0.009137-0.071%—

VariationalCEX · PENGU+0.0050%4h—+0.030%+10.9%$0.009129—$1.41M

KuCoinCEX · PENGUUSDTM+0.0038%4h00:14:08+0.023%+8.3%$0.009135-0.066%$13.00M

OKXCEX · PENGU-USDT-SWAP+0.0026%4h00:14:08+0.015%+5.6%$0.009135—$31.99M

HTXCEX · PENGU-USDT+0.0050%8h00:14:08+0.015%+5.5%——$218.7K

MEXCCEX · PENGU_USDT-0.0004%4h00:14:08-0.002%-0.9%$0.009137-0.055%$9.18M

BinanceCEX · PENGUUSDT-0.0005%4h—-0.003%-1.0%$0.009136-0.077%—

PENGU funding rate explained

Right now Pudgy Penguins (PENGU) perpetual futures trade on 11 exchanges we track. The highest funding is on Bybit at +0.030% per day, the lowest on Binance at -0.003%. The average across all venues is +0.021% per day, or about +7.6% a year. Positive funding means PENGU longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.033% per day. A delta-neutral position that shorts PENGU on Bybit and goes long on Binance would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live PENGU arbitrage page for the price side of the trade.

Settlement intervals differ: PENGU funding is paid every 1 hour, 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the PENGU funding rate today?

The average PENGU funding rate across 11 exchanges is +0.021% per 24 hours. It ranges from -0.003% on Binance to +0.030% on Bybit. Rates update every few seconds on this page.

Which exchange has the highest PENGU funding rate?

Bybit currently has the highest PENGU funding at +0.030% per day, and Binance the lowest at -0.003%.

How often is PENGU funding paid?

PENGU perpetuals settle funding every 1 hour, 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is PENGU funding positive or negative?

On average it is positive (+0.021% per day): longs pay shorts.