# PENG Funding Rates

As of 2026-10-03 22:52 UTC, PENG perpetual funding averages 0.0005% per 8 hours (0.51% APR) across all 8 exchanges that list it, weighted by 24h volume (median 0.0000%). Highest: Deepcoin at 0.0100% per 8h (10.95% APR). Lowest: LBank at 0.0000% per 8h (0.00% APR). Going long on LBank and short on Deepcoin collects a gross spread of 0.0100% per 8 hours (10.95% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Deepcoin](https://arbtide.com/funding-rates/peng/deepcoin) | [PENG/USDT:USDT](https://www.deepcoin.com/en/swap/PENG-USDT) | 0.0100% | 8h | 10.95% | — |
| [Crypto.com](https://arbtide.com/funding-rates/peng/cryptocom) | [PENG/USD:USD](https://crypto.com/exchange/trade/PENGUSD-PERP) | 0.0006% | 1h | 5.00% | 2026-10-03 23:00 UTC |
| [Binance](https://arbtide.com/funding-rates/peng/binance) | [PENG/USDT:USDT](https://www.binance.com/en/futures/PENGUSDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [OKX](https://arbtide.com/funding-rates/peng/okx) | [PENG/USDT:USDT](https://www.okx.com/trade-swap/peng-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/peng/bitget) | [PENG/USDT:USDT](https://www.bitget.com/futures/usdt/PENGUSDT) | 0.0000% | 8h | 0.00% | — |
| [Gate](https://arbtide.com/funding-rates/peng/gate) | [PENG/USDT:USDT](https://www.gate.com/futures/USDT/PENG_USDT) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [HTX](https://arbtide.com/funding-rates/peng/htx) | [PENG/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PENG-USDT&contract_type=swap&type=cross) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |
| [LBank](https://arbtide.com/funding-rates/peng/lbank) | [PENG/USDT:USDT](https://www.lbank.com/futures/pengusdt) | 0.0000% | 8h | 0.00% | 2026-10-04 00:00 UTC |

## Frequently asked questions

### Is the PENG funding rate positive right now?

Mostly no. PENG funding is positive on 2 of the 8 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest PENG funding rate?

Deepcoin at 0.0100% per 8h (10.95% APR). The lowest is LBank at 0.0000% per 8h (0.00% APR).

### What is the PENG funding arbitrage spread?

The gross spread is 0.0100% per 8 hours (10.95% APR): long PENG on LBank and short on Deepcoin. Trading fees, slippage and price basis reduce the net return.

### How often is PENG funding paid?

PENG funding is paid every 8 hours on Deepcoin, Binance, OKX, Bitget, Gate, HTX, and LBank; every hour on Crypto.com. Rates on this page are also shown as APR so they can be compared directly.