PENGU funding rate on Nado

Funding APR
-21.81%
-0.0597% / 8h
Interval
8h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
12
listing this pair

Over the last 30 days, PENGU funding on Nado averaged -3.2% APR and stayed positive 52.5% of the time, ranging from -47.6% to +10.9%. Right now it pays shorts pay longs at -21.8% APR, settled every 8h across 12 venues we track. The most reliable delta-neutral pairing for PENGU right now is long Hyperliquid / short SoDEX at +51.1% net APR (medium risk, ~1d to break even).

as of 2026-07-29 10:40 UTC

PENGU funding history on Nadolast 30d

30d average
-3.21%
Range
-48% / 11%
% positive
52.5%
Volatility
13.9
Best delta-neutral pairing
Long Nado / Short SoDEX
+26.4% net APR
Backtested (30d)
+7.5%
Stability
95%
Risk
low
Breakeven
~1.4d

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
Pacifica+10.95%
SoDEX+10.95%
Aster+5.62%
dYdX+0.00%
Extended-7.01%
Variational-12.00%
Paradex-20.78%
Nado-21.81%
Lighter-22.78%
Grvt-40.73%
Kraken-43.94%
Hyperliquid-48.62%

Frequently asked

What is the current PENGU funding rate on Nado?

PENGU on Nado is funding at -21.81% APR (-0.0597% every 8h), paid shorts pay longs, as of 2026-07-29 10:40 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 Nado and short SoDEX, currently 26.4% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy