# PENGU Funding Rate on Toobit

As of 2026-10-05 14:49 UTC, the PENGU perpetual on Toobit pays 0.0050% per 4h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 17th highest of 25 exchanges shown, against a volume-weighted average of 0.0103% per 8 hours (11.24% APR). Over the last 7 days Toobit averaged 0.0069% per 8 hours (7.54% 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/pengu/cryptocom) | [PENGU/USD:USD](https://crypto.com/exchange/trade/PENGUUSD-PERP) | 0.0176% | 1h | 154.53% | 2026-10-05 15:00 UTC |
| [BingX](https://arbtide.com/funding-rates/pengu/bingx) | [PENGU/USDT:USDT](https://bingx.com/en/perpetual/PENGU-USDT) | 0.0081% | 4h | 17.74% | — |
| [Bitget](https://arbtide.com/funding-rates/pengu/bitget) | [PENGU/USDT:USDT](https://www.bitget.com/futures/usdt/PENGUUSDT) | 0.0076% | 4h | 16.64% | — |
| [Extended](https://arbtide.com/funding-rates/pengu/extended) | [PENGU/USDC:USDC](https://app.extended.exchange/perp/PENGU-USD) | 0.0013% | 1h | 11.39% | 2026-10-05 15:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/pengu/xt) | [PENGU/USDT:USDT](https://www.xt.com/en/futures/trade/pengu_usdt) | 0.0052% | 4h | 11.32% | 2026-10-05 16:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pengu/binance) | [PENGU/USDT:USDT](https://www.binance.com/en/futures/PENGUUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/pengu/bybit) | [PENGU/USDT:USDT](https://www.bybit.com/trade/usdt/PENGUUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/pengu/okx) | [PENGU/USDT:USDT](https://www.okx.com/trade-swap/pengu-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [Gate](https://arbtide.com/funding-rates/pengu/gate) | [PENGU/USDT:USDT](https://www.gate.com/futures/USDT/PENGU_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/pengu/kucoin) | [PENGU/USDT:USDT](https://www.kucoin.com/trade/futures/PENGUUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pengu/mexc) | [PENGU/USDT:USDT](https://www.mexc.com/futures/PENGU_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [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% | 2026-10-05 16:00 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% | 2026-10-05 16:00 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% | — |
| [LBank](https://arbtide.com/funding-rates/pengu/lbank) | [PENGU/USDT:USDT](https://www.lbank.com/futures/penguusdt) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pengu/weex) | [PENGU/USDT:USDT](https://www.weex.com/futures/PENGU-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 14:49 UTC |
| [Toobit](https://arbtide.com/funding-rates/pengu/toobit) | [PENGU/USDT:USDT](https://www.toobit.com/en-US/futures/PENGU-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 16:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/pengu/hyperliquid) | [PENGU/USDC:USDC](https://app.hyperliquid.xyz/trade/PENGU) | 0.0013% | 1h | 10.95% | 2026-10-05 15:00 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% | 2026-10-05 15:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/pengu/woofipro) | [PENGU/USDC:USDC](https://pro.woofi.com/en/trade/PENGU_PERP) | 0.0049% | 4h | 10.70% | 2026-10-05 16:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/pengu/lighter) | [PENGU/USDC:USDC](https://app.lighter.xyz/trade/PENGU) | 0.0096% | 8h | 10.51% | — |
| [dYdX](https://arbtide.com/funding-rates/pengu/dydx) | [PENGU/USDC:USDC](https://dydx.trade/trade/PENGU-USD) | 0.0000% | 1h | 0.00% | 2026-10-05 15:00 UTC |
| [Backpack](https://arbtide.com/funding-rates/pengu/backpack) | [PENGU/USDC:USDC](https://backpack.exchange/trade/PENGU_USDC_PERP) | -0.0005% | 1h | -3.98% | 2026-10-05 15:00 UTC |
| [Kraken](https://arbtide.com/funding-rates/pengu/kraken) | [PENGU/USD:USD](https://pro.kraken.com/app/trade/futures-pengu-usd-perp) | -0.0011% | 1h | -9.92% | — |

## Frequently asked questions

### What is the PENGU funding rate on Toobit?

0.0050% per 4h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0069% per 8 hours (7.54% APR).

### How often does Toobit pay PENGU funding?

Every 4 hours. The next payment is at 2026-10-05 16:00 UTC.

### Is PENGU funding on Toobit higher than on other exchanges?

Toobit is the 17th highest of 25 exchanges shown. The highest is BingX at 0.0081% per 4h (17.74% APR) and the lowest is Kraken at -0.0011% per 1h (-9.92% APR).

### How do you arbitrage PENGU funding with Toobit?

Long PENGU on Kraken and short on Toobit for a gross spread of 0.0191% per 8 hours (20.87% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.