PENG funding rates and arbitrage
Updated 2026-10-29 15:22 UTC
Best PENG arbitrage after every cost
No PENG pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
PENG funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Crypto.com | PENGUSD-PERP | 0.0690% | 1 h | +604.1% | +98.1% | $859 | 2026-10-29 16:00 |
| LBank | PENGUSDT | 0.0346% | 8 h | +37.9% | — | — | 2026-10-29 16:00 |
| BingX | NCSKPENG2USD-USDT | 0.0338% | 8 h | +37.0% | −5.7% | $932.9K | 2026-10-29 16:00 |
| MEXC | PENGSTOCK_USDT | 0.0331% | 8 h | +36.2% | −3.5% | $75.8K | 2026-10-29 16:00 |
| Binance | PENGUSDT | 0.0326% | 8 h | +35.7% | −3.3% | $488.1K | 2026-10-29 16:00 |
| Variational | PENG-PERP | 0.0292% | 8 h | +31.9% | — | $24.6K | 2026-10-29 16:00 |
| OKX | PENG-USDT-SWAP | 0.0229% | 8 h | +25.1% | −1.7% | $136.5K | 2026-10-29 16:00 |
| Bitget | PENGUSDT | 0.0109% | 8 h | +11.9% | −5.4% | $64.7K | 2026-10-29 16:00 |
| Nado | PENG-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $17.8K | 2026-10-29 16:00 |
| KuCoin | PENGUSDTM | 0.0000% | 8 h | 0.0% | 0.0% | $19.8K | 2026-10-29 16:00 |
| HTX | PENG-USDT | 0.0000% | 8 h | 0.0% | 0.0% | $7.3K | 2026-10-29 16:00 |
| QFEX | PENG-USD | 0.0000% | 1 h | 0.0% | — | $1.6M | 2026-10-29 16:00 |
| Gate | PENG_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $151.3K | 2026-10-29 16:00 |
Cost to enter $10,000 of PENG
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| BingX | NCSKPENG2USD-USDT | 9.2 bp | top of book only |
| Variational | PENG-PERP | 11.7 bp | top of book only |
| Binance | PENGUSDT | 11.7 bp * | top of book only |
| MEXC | PENGSTOCK_USDT | 12.1 bp | top of book only |
| OKX | PENG-USDT-SWAP | 14.2 bp * | top of book only |
| Bitget | PENGUSDT | 15.2 bp | top of book only |
| KuCoin | PENGUSDTM | 16.9 bp | top of book only |
| Gate | PENG_USDT | 22.6 bp | top of book only |
| HTX | PENG-USDT | 68.2 bp * | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is PENG funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no PENG pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest PENG funding rate?
Crypto.com at +604.1% a year (0.0690% every 1 h); the lowest is Gate at 0.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.