PENG Funding Rate — live across 3 venues
Compared across 3 supported venues · net of estimated fees · updated every few minutes
Live annualized PENG perpetual funding across all 3 venues Perpia tracks. Right now PENG funding is positive on 1 and negative on 1, ranging from +10.9% on Gate.io to -31.8% on Bitget — a spread of 42.7%. The widest delta-neutral trade is long Bitget / short OKX at 25.8% net APR.
PENG funding trend & liquidity
73h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
PENG funding rate by venue
2 pairs scannedRates annualized; updated ~every few minutes from live venue data.
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PENG funding — FAQ
Is PENG funding positive right now?
PENG perpetual funding is positive on 1 of 3 venues Perpia tracks and negative on 1. The highest is +10.9% on Gate.io; the lowest is -31.8% on Bitget.
What is the best PENG funding arbitrage right now?
Go long Bitget and short OKX for about 25.8% net APR after fees — the widest delta-neutral PENG spread Perpia currently sees.
Which exchange has the highest PENG funding rate?
Gate.io, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How PENG funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.