PENG Funding Rate
PENG perpetual funding on 10 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
PENG funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 Deepcoin8 hbest long | −0.0100% | −0.0100% | — | — | −11.0% | −0.0292% | −0.140% | −0.676% | $439.3K | |
 WEEX8 h | −0.0033% | −0.0033% | — | +0.0100% | −3.6% | +0.0028% | −0.142% | −0.142% | $397.4K | |
 KuCoin8 h | 0.0000% | 0.0000% | — | — | 0.0% | 0.0000% | +0.0533% | −0.0010% | $922.5K | |
 OKX8 h | 0.0000% | 0.0000% | — | — | 0.0% | 0.0000% | −0.0777% | −0.168% | $100.8K | |
 Bitget8 h | 0.0000% | 0.0000% | — | −0.138% | 0.0% | 0.0000% | −0.0107% | +0.0618% | $223.7K | |
 Binance8 h | 0.0000% | 0.0000% | — | −0.0365% | 0.0% | +0.0088% | −0.0140% | +0.0531% | — | |
 LBank8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | +0.0090% | −0.296% | −0.461% | — | |
 HTX8 h | 0.0000% | 0.0000% | — | — | 0.0% | 0.0000% | 0.0000% | +0.211% | $136K | |
 Crypto.com1 h | +0.0046% | +0.0006% | — | — | 5.0% | +0.0137% | +0.531% | +3.945% | — | |
 XT8 hbest short | +0.0051% | +0.0051% | — | −0.0164% | 5.5% | −0.0152% | −0.0224% | +0.349% | $569.7K | |
What PENG funding actually paid
Over 7 days, a PENG long paid −0.0119% on average across exchanges (−1.8% a year). The most on Crypto.com (+0.531%), the least on LBank (−0.296%).
Over 30 days, a PENG long paid +0.317% on average across exchanges (1.8% a year). The most on Crypto.com (+3.945%), the least on Deepcoin (−0.676%).
PENG funding rate history chart
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PENG funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on Deepcoin (−0.0100% per 8 h), the highest on XT (+0.0051%). Long on Deepcoin and short on XT, price hedged: a difference of 16.5% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
PENG perpetual futures by exchange
KuCoinPENG/USDT:USDT$53.8200$922.5KXTPENG/USDT:USDT$53.8050$569.7KDeepcoinPENG/USDT:USDT$53.7850$439.3KWEEXPENG/USDT:USDT$53.7800$397.4KBitgetPENG/USDT:USDT$53.7500$223.7KHTXPENG/USDT:USDT$53.8250$136KOKXPENG/USDT:USDT$53.8050$100.8KCrypto.comPENG/USD:USD$53.7450—BinancePENG/USDT:USDT$53.7850—LBankPENG/USDT:USDT—FAQ
- What is the PENG funding rate?
A periodic payment between long and short holders of PENG perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0100% to 0.0051% per 8 hours across 10 exchanges.
- How often is PENG funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the PENG funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.