PENGU Funding Rates: Live Across 25 Exchanges

As of 2026-10-04 20:24 UTC, PENGU perpetual funding averages 0.0295% per 8 hours (32.32% APR) across all 25 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: XT.COM at 0.0412% per 4h (90.23% APR). Lowest: Lighter at 0.0096% per 8h (10.51% APR). Going long on Lighter and short on XT.COM collects a gross spread of 0.0728% per 8 hours (79.72% APR) before fees.

Long PENGU on Lighter and short on XT.COM for a funding gap of 0.0728% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the PENGU funding rate positive right now?

Mostly yes. PENGU funding is positive on 24 of the 25 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest PENGU funding rate?

XT.COM at 0.0412% per 4h (90.23% APR). The lowest is Lighter at 0.0096% per 8h (10.51% APR).

What is the PENGU funding arbitrage spread?

The gross spread is 0.0728% per 8 hours (79.72% APR): long PENGU on Lighter and short on XT.COM. Trading fees, slippage and price basis reduce the net return.

How often is PENGU funding paid?

PENGU funding is paid every 8 hours on Lighter; every 4 hours on XT.COM, Binance, Bybit, OKX, Bitget, Gate, KuCoin, MEXC, BingX, HTX, WhiteBIT, BTSE, LBank, WEEX, Toobit, Aster, and WOOFi Pro; every hour on Crypto.com, Kraken, Extended, Backpack, Hyperliquid, Pacifica, and dYdX. Rates on this page are also shown as APR so they can be compared directly.