PENGU funding rate on Grvt

Funding APR
-32.63%
-0.0149% / 4h
Interval
4h
next 12:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
12
listing this pair

Over the last 30 days, PENGU funding on Grvt averaged -13.3% APR and stayed positive 17.7% of the time, ranging from -68.4% to +10.9%. Right now it pays shorts pay longs at -32.6% APR, settled every 4h across 12 venues we track. The most reliable delta-neutral pairing for PENGU right now is long Grvt / short Lighter at +39.0% net APR (medium risk, ~0.7d to break even).

as of 2026-06-14 08:54 UTC

PENGU funding history on Grvtlast 30d

30d average
-13.34%
Range
-68% / 11%
% positive
17.7%
Volatility
14.0
Best delta-neutral pairing
Long Grvt / Short Lighter
+39.0% net APR
Backtested (30d)
+16.6%
Stability
97.1%
Risk
medium
Breakeven
~0.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How PENGU funding compares across venues

ExchangeFunding APR
Extended+11.39%
Aster+10.95%
Lighter+10.51%
dYdX+0.00%
EdgeX-10.95%
Pacifica-19.60%
Variational-21.35%
Nado-25.68%
Kraken-27.43%
Hyperliquid-30.84%
Grvt-32.63%
Paradex-94.52%

Frequently asked

What is the current PENGU funding rate on Grvt?

PENGU on Grvt is funding at -32.63% APR (-0.0149% every 4h), paid shorts pay longs, as of 2026-06-14 08:54 UTC.

How often does Grvt pay funding on PENGU?

Every 4 hours.

How do I earn PENGU funding without price risk?

Open a delta-neutral position: long Grvt and short Lighter, currently 39.0% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy