Pudgy Penguins (PENGU) Funding Rate
Pudgy Penguins (PENGU) perpetual funding on 23 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
Pudgy Penguins (PENGU) 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
 LBank4 h | −0.0096% | −0.0048% | — | −0.0081% | −10.5% | −0.0040% | +0.108% | +0.300% | — | |
 WEEX4 hbest long | −0.0093% | −0.0046% | — | −0.0047% | −10.2% | −0.0039% | +0.107% | +0.581% | $4.1M | |
 MEXC4 h | −0.0092% | −0.0046% | — | −0.0015% | −10.1% | −0.0041% | +0.106% | +0.578% | $5.9M | |
 XT4 h | −0.0092% | −0.0046% | — | +0.0008% | −10.1% | −0.0055% | +0.493% | +2.320% | $51.3M | |
 Toobit4 h | −0.0090% | −0.0045% | — | −0.0139% | −9.9% | −0.0040% | +0.108% | +0.580% | $5.5M | |
 Binance4 h | −0.0090% | −0.0045% | — | −0.0094% | −9.9% | −0.0038% | +0.108% | +0.580% | — | |
 Kraken1 h | −0.0023% | −0.0003% | +0.0008% | +0.0013% | −2.6% | −0.0235% | +0.0871% | +0.323% | $932.9K | |
 Gate4 h | +0.0064% | +0.0032% | — | +0.0050% | 7.0% | +0.0259% | +0.0922% | +0.299% | $2.6M | |
 Lighter1 h | +0.0096% | +0.0012% | — | — | 10.5% | +0.0288% | +0.108% | +0.727% | $65.1K | |
 Phemex4 h | +0.0100% | +0.0050% | — | +0.0028% | 11.0% | +0.0300% | +0.210% | +0.900% | $2.1M | |
 Hyperliquid1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0273% | +0.112% | +0.453% | $2M | |
 Aster4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.206% | +0.878% | $324.3K | |
 KuCoin4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0160% | +0.111% | +0.458% | $14.4M | |
 Bybit4 h | +0.0100% | +0.0050% | — | −0.0147% | 11.0% | −0.0029% | +0.0562% | +0.456% | $10.1M | |
 BTSE4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0300% | +0.210% | +0.900% | $568.3K | |
 Backpack1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0291% | −0.0053% | +0.546% | $366.4K | |
 Pacifica1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0300% | +0.210% | +0.899% | $67.4K | |
 BingX4 h | +0.0100% | +0.0050% | — | −0.0081% | 11.0% | +0.0300% | +0.210% | +0.922% | $1.8M | |
 OKX4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0250% | +0.133% | +0.516% | $14.2M | |
 WhiteBIT4 h | +0.0100% | +0.0050% | — | −0.0279% | 11.0% | +0.0300% | +0.201% | +0.888% | $5.8M | |
 Bitget4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.921% | $4.9M | |
 BloFin4 h | +0.0147% | +0.0074% | — | −0.0081% | 16.1% | +0.0483% | +0.491% | +2.465% | $837K | |
 HTX4 hbest short | +0.0989% | +0.0495% | — | — | 108% | +0.0899% | +0.401% | +2.649% | $164.6K | |
What Pudgy Penguins (PENGU) funding actually paid
Over 7 days, a Pudgy Penguins (PENGU) long paid +0.177% on average across exchanges (9.2% a year). The most on XT (+0.493%), the least on Backpack (−0.0053%).
Over 30 days, a Pudgy Penguins (PENGU) long paid +0.876% on average across exchanges (10.8% a year). The most on HTX (+2.649%), the least on Gate (+0.299%).
Pudgy Penguins (PENGU) funding rate history chart
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Pudgy Penguins (PENGU) funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on WEEX (−0.0093% per 8 h), the highest on HTX (+0.0989%). Long on WEEX and short on HTX, price hedged: a difference of 118% 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 →
Pudgy Penguins (PENGU) perpetual futures by exchange
XTPENGU/USDT:USDT$0.00755450$51.3MKuCoinPENGU/USDT:USDT$0.00755900$14.4MOKXPENGU/USDT:USDT$0.00755650$14.2MBybitPENGU/USDT:USDT$0.00755450$10.1MMEXCPENGU/USDT:USDT$0.00755450$5.9MWhiteBITPENGU/USDT:USDT$0.00755250$5.8MToobitPENGU/USDT:USDT$0.00755450$5.5MBitgetPENGU/USDT:USDT$0.00756250$4.9MWEEXPENGU/USDT:USDT$0.00755550$4.1MGatePENGU/USDT:USDT$0.00755850$2.6MPhemexPENGU/USDT:USDT$0.00755450$2.1MHyperliquidPENGU/USDC:USDC$0.00755950$2MBingXPENGU/USDT:USDT$0.00755650$1.8MKrakenPENGU/USD:USD$0.00755750$932.9KBloFinPENGU/USDT:USDT$0.00755450$837KBTSEPENGU/USDT:USDT$0.00755650$568.3KBackpackPENGU/USDC:USDC$0.00755550$366.4KAsterPENGU/USDT:USDT$0.00755550$324.3KHTXPENGU/USDT:USDT$0.00759850$164.6KPacificaPENGU/USDC:USDC$0.00756250$67.4KLighterPENGU/USDC:USDC$0.00755650$65.1KBinancePENGU/USDT:USDT$0.00755450—LBankPENGU/USDT:USDT—FAQ
- What is the Pudgy Penguins (PENGU) funding rate?
A periodic payment between long and short holders of Pudgy Penguins (PENGU) 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 −0.0093% to 0.0989% per 8 hours across 23 exchanges.
- How often is Pudgy Penguins (PENGU) 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 Pudgy Penguins (PENGU) 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.