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PENGU Perpetual Funding Rates

Updated 7 min ago ยท annualized from current funding

As of 7 min ago, PENGU perpetual funding is mixed across venues. The richest rate is +8.50% APR on Bybit โ€” a long there pays roughly +0.023% per day while the rate holds (a short collects it). The cheapest is -1.45% APR on Hyperliquid. The widest market-neutral spread is +9.95% APR: long the PENGU perp on Hyperliquid, short it on Bybit, and the position has no PENGU price exposure โ€” just the funding gap (before fees). Tracked open interest is around $11M.

Funding by venue

VenueFunding APRIntervalNext
Binance (predicted)+0.84%4h08:00 UTC
Bybit (predicted)+8.50%4h08:00 UTC
OKX+7.77%4h08:00 UTC
Hyperliquid-1.45%1hโ€”

Cross-venue spread

Long PENGU on Hyperliquid, short on Bybit โ†’ +9.95% APR gross, delta-neutral.

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