PENGU funding rates

PENGU perpetual funding is currently quoted across 13 venues, ranging from -48.1% to +10.9% APR. The most reliable delta-neutral pairing for PENGU right now is long Variational / short Extended at +14.1% net APR (low risk, ~0.9d to break even).

as of 2026-07-29 10:02 UTC
Best delta-neutral pairing
Long Variational / Short Extended
+14.1% net APR
Backtested (30d)
+9.9%
Stability
92.7%
Risk
low
Breakeven
~0.9d

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

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PENGU funding by exchange

ExchangeFunding APR
Pacifica+10.95%
SoDEX+10.95%
Aster+9.37%
Extended+1.75%
dYdX+0.00%
Nado-8.99%
EdgeX-10.95%
Variational-17.81%
Paradex-19.45%
Lighter-32.41%
Grvt-37.89%
Kraken-43.89%
Hyperliquid-48.06%

Frequently asked

What is the PENGU funding rate right now?

PENGU perpetual funding ranges from -48.06% to 10.95% APR across 13 exchanges we track; the widest delta-neutral spread is long Variational / short Extended at 14.1% net APR.

Which exchange has the highest PENGU funding rate?

Pacifica currently has the highest at 10.95% APR. See the full ranking above.