PENGU funding rate on Nado

Funding APR
-3.41%
-0.0093% / 8h
Interval
8h
next 00:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
12
listing this pair

Over the last 30 days, PENGU funding on Nado averaged -6.6% APR and stayed positive 26.5% of the time, ranging from -41.4% to +10.9%. Right now it pays shorts pay longs at -3.4% APR, settled every 8h across 12 venues we track. The most reliable delta-neutral pairing for PENGU right now is long Grvt / short Lighter at +22.1% net APR (medium risk, ~0.8d to break even).

as of 2026-06-13 17:39 UTC

PENGU funding history on Nadolast 30d

30d average
-6.57%
Range
-41% / 11%
% positive
26.5%
Volatility
10.5
Best delta-neutral pairing
Long Grvt / Short Lighter
+22.1% net APR
Backtested (30d)
+16.4%
Stability
94.8%
Risk
medium
Breakeven
~0.8d

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%
Pacifica+10.95%
Aster+10.95%
Lighter+10.51%
Hyperliquid+9.21%
dYdX+0.00%
Variational-2.87%
Nado-3.41%
EdgeX-10.95%
Grvt-15.33%
Kraken-17.28%
Paradex-68.34%

Frequently asked

What is the current PENGU funding rate on Nado?

PENGU on Nado is funding at -3.41% APR (-0.0093% every 8h), paid shorts pay longs, as of 2026-06-13 17:39 UTC.

How often does Nado pay funding on PENGU?

Every 8 hours.

How do I earn PENGU funding without price risk?

Open a delta-neutral position: long Grvt and short Lighter, currently 22.1% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy