Meridian Funding

PENGU funding rate comparison

Live perpetual-futures funding for PENGU across 3 exchanges, ranked by annualized rate. A positive rate means longs pay shorts.

ExchangePer intervalPer dayAPR (annualized)
Bybit +0.0050% +0.0150% +5.47% Trade PENGU →
Binance +0.0046% +0.0137% +4.99% Trade PENGU →
Gate +0.0045% +0.0135% +4.93% Trade PENGU →

As of 2026-06-22 13:38 UTC. APR assumes the current rate repeats at each funding interval (typically every 8h = 3×/day).

How to read this

  • Cheapest to be long PENGU: Gate (+4.93% APR) — the least you pay (or the most you get paid) to hold a long.
  • Cheapest to be short PENGU: Bybit (+5.47% APR).
  • Funding is paid between traders, not to the exchange. The exchange still charges a separate trading fee.

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