PENGU funding rates

PENGU perpetual funding is currently quoted across 14 venues, ranging from -37.6% to +10.9% APR. The most reliable delta-neutral pairing for PENGU right now is long n1xyz / short SoDEX at +28.7% net APR (low risk, ~1.3d to break even).

as of 2026-09-12 14:38 UTC
Best delta-neutral pairing
Long n1xyz / Short SoDEX
+28.7% net APR
Backtested (30d)
+18.8%
Stability
82.1%
Risk
low
Breakeven
~1.3d

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%
Arcus+10.95%
Aster+10.95%
SoDEX+10.95%
Extended+1.75%
Hyperliquid+1.23%
Variational+0.61%
dYdX+0.00%
Lighter-4.38%
Nado-4.84%
Grvt-5.69%
Kraken-17.61%
n1xyz-22.78%
TxFlow-37.65%

Frequently asked

What is the PENGU funding rate right now?

PENGU perpetual funding ranges from -37.65% to 10.95% APR across 14 exchanges we track; the widest delta-neutral spread is long n1xyz / short SoDEX at 28.7% net APR.

Which exchange has the highest PENGU funding rate?

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