PENGU Funding Rates: Live Across 24 Exchanges

As of 2026-10-03 00:06 UTC, PENGU perpetual funding averages 0.0052% per 8 hours (5.68% APR) across all 24 exchanges that list it, weighted by 24h volume (median 0.0090%). Highest: Bitget at 0.0050% per 4h (10.95% APR). Lowest: Backpack at -0.0058% per 1h (-51.03% APR). Going long on Backpack and short on Bitget collects a gross spread of 0.0566% per 8 hours (61.98% APR) before fees.

Long PENGU on Backpack and short on Bitget for a funding gap of 0.0566% 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 20 of the 24 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest PENGU funding rate?

Bitget at 0.0050% per 4h (10.95% APR). The lowest is Backpack at -0.0058% per 1h (-51.03% APR).

What is the PENGU funding arbitrage spread?

The gross spread is 0.0566% per 8 hours (61.98% APR): long PENGU on Backpack and short on Bitget. 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 Bitget, Gate, KuCoin, BingX, HTX, WhiteBIT, BTSE, Aster, WOOFi Pro, XT.COM, Binance, Toobit, MEXC, LBank, WEEX, Bybit, and OKX; every hour on Hyperliquid, Pacifica, Extended, dYdX, Kraken, and Backpack. Rates on this page are also shown as APR so they can be compared directly.