PENGU funding rate on Paradex

Funding APR
-67.09%
-0.0077% / 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 Paradex averaged -55.9% APR and stayed positive 3.6% of the time, ranging from -129.0% to +1356.7%. Right now it pays shorts pay longs at -67.1% 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 +22.4% net APR (medium risk, ~0.8d to break even).

as of 2026-06-13 16:09 UTC

PENGU funding history on Paradexlast 30d

30d average
-55.87%
Range
-129% / 1357%
% positive
3.6%
Volatility
70.4
Best delta-neutral pairing
Long Grvt / Short Lighter
+22.4% 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+8.34%
Nado+4.61%
dYdX+0.00%
Variational-0.03%
Kraken-0.12%
EdgeX-10.95%
Grvt-15.99%
Paradex-67.09%

Frequently asked

What is the current PENGU funding rate on Paradex?

PENGU on Paradex is funding at -67.09% APR (-0.0077% every 8h), paid shorts pay longs, as of 2026-06-13 16:09 UTC.

How often does Paradex 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 22.4% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy