# PENG Funding Rate on Binance

As of 2026-10-05 10:23 UTC, the PENG perpetual on Binance pays 0.0000% per 8h, 0.0000% per 8 hours (0.00% APR), so neither side pays. That is the 3rd highest of 8 exchanges shown, against a volume-weighted average of 0.0027% per 8 hours (2.97% APR). Over the last 7 days Binance averaged 0.0000% per 8 hours (-0.05% APR). The next funding is at 2026-10-05 16:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/peng/cryptocom) | [PENG/USD:USD](https://crypto.com/exchange/trade/PENGUSD-PERP) | 0.0109% | 1h | 95.51% | 2026-10-05 11:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/peng/deepcoin) | [PENG/USDT:USDT](https://www.deepcoin.com/en/swap/PENG-USDT) | 0.0100% | 8h | 10.95% | — |
| [Binance](https://arbtide.com/funding-rates/peng/binance) | [PENG/USDT:USDT](https://www.binance.com/en/futures/PENGUSDT) | 0.0000% | 8h | 0.00% | 2026-10-05 16:00 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% | 2026-10-05 16:00 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% | 2026-10-05 16:00 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% | 2026-10-05 16:00 UTC |
| [LBank](https://arbtide.com/funding-rates/peng/lbank) | [PENG/USDT:USDT](https://www.lbank.com/futures/pengusdt) | 0.0000% | 8h | 0.00% | 2026-10-05 16:00 UTC |

## Frequently asked questions

### What is the PENG funding rate on Binance?

0.0000% per 8h, or 0.0000% per 8 hours (0.00% APR), so neither side pays. The 7-day average is 0.0000% per 8 hours (-0.05% APR).

### How often does Binance pay PENG funding?

Every 8 hours. The next payment is at 2026-10-05 16:00 UTC.

### Is PENG funding on Binance higher than on other exchanges?

Binance is the 3rd highest of 8 exchanges shown. The highest is Deepcoin at 0.0100% per 8h (10.95% APR) and the lowest is LBank at 0.0000% per 8h (0.00% APR).

### How do you arbitrage PENG funding with Binance?

Long PENG on Binance and short on Deepcoin for a gross spread of 0.0100% per 8 hours (10.95% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.