# PENGU Funding Rates

As of 2026-10-03 05:42 UTC, PENGU perpetual funding averages 0.0141% per 8 hours (15.49% APR) across all 24 exchanges that list it, weighted by 24h volume (median 0.0079%). Highest: XT.COM at 0.0215% per 4h (47.09% APR). Lowest: Backpack at -0.0016% per 1h (-14.23% APR). Going long on Backpack and short on XT.COM collects a gross spread of 0.0560% per 8 hours (61.32% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/pengu/xt) | [PENGU/USDT:USDT](https://www.xt.com/en/futures/trade/pengu_usdt) | 0.0215% | 4h | 47.09% | 2026-10-03 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/pengu/bitget) | [PENGU/USDT:USDT](https://www.bitget.com/futures/usdt/PENGUUSDT) | 0.0050% | 4h | 10.95% | — |
| [BingX](https://arbtide.com/funding-rates/pengu/bingx) | [PENGU/USDT:USDT](https://bingx.com/en/perpetual/PENGU-USDT) | 0.0050% | 4h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/pengu/htx) | [PENGU/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PENGU-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/pengu/whitebit) | [PENGU/USDT:USDT](https://whitebit.com/trade/PENGU-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/pengu/btse) | [PENGU/USDT:USDT](https://www.btse.com/en/futures/PENGU-PERP) | 0.0050% | 4h | 10.95% | — |
| [Hyperliquid](https://arbtide.com/funding-rates/pengu/hyperliquid) | [PENGU/USDC:USDC](https://app.hyperliquid.xyz/trade/PENGU) | 0.0013% | 1h | 10.95% | 2026-10-03 06:00 UTC |
| [Aster](https://arbtide.com/funding-rates/pengu/aster) | [PENGU/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PENGUUSDT) | 0.0050% | 4h | 10.95% | — |
| [Pacifica](https://arbtide.com/funding-rates/pengu/pacifica) | [PENGU/USDC:USDC](https://app.pacifica.fi/trade/PENGU) | 0.0013% | 1h | 10.95% | 2026-10-03 06:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/pengu/woofipro) | [PENGU/USDC:USDC](https://pro.woofi.com/en/trade/PENGU_PERP) | 0.0050% | 4h | 10.90% | 2026-10-03 08:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/pengu/lighter) | [PENGU/USDC:USDC](https://app.lighter.xyz/trade/PENGU) | 0.0096% | 8h | 10.51% | — |
| [WEEX](https://arbtide.com/funding-rates/pengu/weex) | [PENGU/USDT:USDT](https://www.weex.com/futures/PENGU-USDT) | 0.0046% | 4h | 10.03% | 2026-10-03 05:41 UTC |
| [KuCoin](https://arbtide.com/funding-rates/pengu/kucoin) | [PENGU/USDT:USDT](https://www.kucoin.com/trade/futures/PENGUUSDTM) | 0.0033% | 4h | 7.23% | 2026-10-03 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pengu/lbank) | [PENGU/USDT:USDT](https://www.lbank.com/futures/penguusdt) | 0.0014% | 4h | 3.07% | 2026-10-03 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pengu/binance) | [PENGU/USDT:USDT](https://www.binance.com/en/futures/PENGUUSDT) | 0.0014% | 4h | 3.05% | 2026-10-03 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/pengu/toobit) | [PENGU/USDT:USDT](https://www.toobit.com/en-US/futures/PENGU-SWAP-USDT) | 0.0014% | 4h | 3.05% | 2026-10-03 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pengu/mexc) | [PENGU/USDT:USDT](https://www.mexc.com/futures/PENGU_USDT) | 0.0013% | 4h | 2.85% | 2026-10-03 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/pengu/extended) | [PENGU/USDC:USDC](https://app.extended.exchange/perp/PENGU-USD) | 0.0003% | 1h | 2.63% | 2026-10-03 06:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/pengu/bybit) | [PENGU/USDT:USDT](https://www.bybit.com/trade/usdt/PENGUUSDT) | 0.0001% | 4h | 0.23% | 2026-10-03 08:00 UTC |
| [dYdX](https://arbtide.com/funding-rates/pengu/dydx) | [PENGU/USDC:USDC](https://dydx.trade/trade/PENGU-USD) | 0.0000% | 1h | 0.00% | 2026-10-03 06:00 UTC |
| [Gate](https://arbtide.com/funding-rates/pengu/gate) | [PENGU/USDT:USDT](https://www.gate.com/futures/USDT/PENGU_USDT) | -0.0025% | 4h | -5.47% | 2026-10-03 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/pengu/okx) | [PENGU/USDT:USDT](https://www.okx.com/trade-swap/pengu-usdt-swap) | -0.0034% | 4h | -7.53% | 2026-10-03 08:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/pengu/kraken) | [PENGU/USD:USD](https://pro.kraken.com/app/trade/futures-pengu-usd-perp) | -0.0016% | 1h | -14.23% | — |
| [Backpack](https://arbtide.com/funding-rates/pengu/backpack) | [PENGU/USDC:USDC](https://backpack.exchange/trade/PENGU_USDC_PERP) | -0.0016% | 1h | -14.23% | 2026-10-03 06:00 UTC |

## Frequently asked questions

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

Mostly yes. PENGU funding is positive on 19 of the 24 exchanges, which means longs are paying shorts on those venues.

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

XT.COM at 0.0215% per 4h (47.09% APR). The lowest is Backpack at -0.0016% per 1h (-14.23% APR).

### What is the PENGU funding arbitrage spread?

The gross spread is 0.0560% per 8 hours (61.32% APR): long PENGU on Backpack 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, Bitget, BingX, HTX, WhiteBIT, BTSE, Aster, WOOFi Pro, WEEX, KuCoin, LBank, Binance, Toobit, MEXC, Bybit, Gate, 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.