Pudgy Penguins (PENGU) Funding Rate
Real-time PENGU perpetual funding rates across 27 exchanges, with annualized APR and cross-venue divergence.
As of 2026-11-11 23:00 UTC, the PENGU perpetual funding rate on Binance was +0.0050% per 4h (+10.95% APR), across 27 venues tracked; highest Crypto.com at +47.28% APR, lowest KuCoin at −5.26% APR.
What is Funding Rate for Pudgy Penguins?
The Pudgy Penguins funding rate is the periodic payment between holders of long and short PENGU perpetual futures that keeps the perpetual's price near spot. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs.
Sharpe lists the current PENGU funding rate on every tracked venue that quotes a PENGU perpetual, each at the venue's own settlement interval.
How to read the Pudgy Penguins Funding Rate chart
Venues settle on their own interval (1h to 24h), so rates are compared on an 8-hour-equivalent basis: the venue's rate × 8 ÷ its interval in hours. APR annualizes the venue's rate over its own interval: the 8-hour-equivalent rate × 3 × 365.
A gap between the highest and lowest venue is the spread a cross-venue funding trade earns before fees, and a venue far from the rest often has thin open interest.
Pudgy Penguins Funding Rate FAQ
Who pays the PENGU funding rate?
Longs pay shorts while the rate is positive, and shorts pay longs while it is negative, at each venue's settlement time.
How often is PENGU funding paid?
On each venue's own interval: some settle hourly, others every 4 or 8 hours. The table lists every venue's interval and next settlement.
Where can I learn how crypto funding rates work?
Sharpe's crypto funding rate tracker guide covers funding mechanics, APR and carry trades.
Pudgy PenguinsPENGU
| BinancePENGUUSDT | $24.46M | +0.0100% | +10.95% | +0.0050% | 4h | |
| Gate.ioPENGU_USDT | $7.47M | +0.0048% | +5.26% | +0.0024% | 4h | |
| OKXPENGU-USDT-SWAP | $5.72M | +0.0099% | +10.88% | +0.0050% | 4h | |
| BybitPENGUUSDT | $5.71M | +0.0100% | +10.95% | +0.0050% | 4h | |
| WhiteBITPENGU_PERP | $5.66M | +0.0100% | +10.95% | +0.0050% | 4h | |
| BitgetPENGUUSDT | $3.74M | +0.0078% | +8.54% | +0.0039% | 4h | |
| HyperliquidPENGU-USD | $3.41M | +0.0019% | +2.11% | +0.0002% | 1h | |
| KuCoinPENGUUSDTM | $3.40M | −0.0048% | −5.26% | −0.0024% | 4h | |
| BingXPENGU-USDT | $1.49M | +0.0100% | +10.95% | +0.0050% | 4h | |
| KrakenPF_PENGUUSD | $404.56K | +0.0110% | +12.03% | +0.0014% | 1h | |
| GRVTPENGU_USDT_Perp | $319.14K | +0.0100% | +10.95% | +0.0050% | 4h | |
| DeribitPENGU_USDC-PERPETUAL | $283.79K | +0.0011% | +1.20% | +0.0011% | 8h | |
| VariationalPENGU | $167.01K | +0.0100% | +10.95% | +0.0050% | 4h | |
| LighterPENGU | $115.58K | +0.0096% | +10.51% | +0.0012% | 1h | |
| AsterPENGUUSDT | $99.07K | +0.0100% | +10.95% | +0.0050% | 4h | |
| HTXPENGU-USDT | $77.67K | +0.0100% | +10.95% | +0.0050% | 4h | |
| BackpackPENGU_USDC_PERP | $44.88K | +0.0247% | +27.01% | +0.0031% | 1h | |
| ExtendedPENGU-USD | $41.54K | +0.0104% | +11.39% | +0.0013% | 1h | |
| ApeXPENGU-USDT | $27.74K | +0.0100% | +10.95% | +0.0013% | 1h | |
| PacificaPENGU | $19.79K | +0.0100% | +10.95% | +0.0013% | 1h | |
| Crypto.comPENGUUSD-PERP | $8.76K | +0.0432% | +47.28% | +0.0054% | 1h | |
| MEXCPENGU_USDT | $5.35M excluded | +0.0100% | +10.95% | +0.0050% | 4h | |
| BitunixPENGUUSDT | — | +0.0100% | +10.95% | +0.0050% | 4h | |
| LBankPENGUUSDT | — | +0.0100% | +10.95% | +0.0050% | 4h | |
| NadoPENGU-PERP | — | +0.0061% | +6.69% | +0.0008% | 1h | |
| PhemexPENGUUSDT | — | +0.0100% | +10.95% | +0.0050% | 4h | |
| ArcusPENGU-USD | — | +0.0100% | +10.95% | +0.0013% | 1h |
- PENGUAvg 8h+0.0080%OI $62.67M · Next · 27 venues
- Binance 4h
- +0.0100%
- Gate.io 4h
- +0.0048%
- OKX 4h
- +0.0099%