PENGU funding rates

PENGU perpetual funding is currently quoted across 12 venues, ranging from -69.4% to +15.7% APR. The most reliable delta-neutral pairing for PENGU right now is long Grvt / short Lighter at +9.4% net APR (medium risk, ~0.8d to break even).

as of 2026-06-12 17:49 UTC
Best delta-neutral pairing
Long Grvt / Short Lighter
+9.4% 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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PENGU funding by exchange

ExchangeFunding APR
Kraken+15.66%
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Aster+10.95%
Lighter+10.51%
dYdX+0.00%
Nado-0.84%
Grvt-5.69%
EdgeX-10.95%
Paradex-69.40%

Frequently asked

What is the PENGU funding rate right now?

PENGU perpetual funding ranges from -69.40% to 15.66% APR across 12 exchanges we track; the widest delta-neutral spread is long Grvt / short Lighter at 9.4% net APR.

Which exchange has the highest PENGU funding rate?

Kraken currently has the highest at 15.66% APR. See the full ranking above.