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COIN
PENGU
MARK PRICE
$0.009301
FUNDING (1h)
0.0013%
PREDICTED
0.0013%
OPEN INTEREST
$13,732,195

PENGU is the official coin of Pudgy Penguins.

Order Book

Connecting…
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Price Chart: PENGU

24h High
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24h Low
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24h Volume
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Spread %
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Bid Depth
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Ask Depth
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Largest Bid Walls

Buy
Price Size $ Value

Largest Ask Walls

Sell
Price Size $ Value

PENGU Funding Rate History

Last 7 days · 168 intervals
7d Average Funding 0.00119%
Annualised 10.4%
Intervals Longs Paid 98%
Open Interest Rank #88 / 533
24h Volume Rank #93 / 533

Over the last 7 days, PENGU funding has averaged 0.00119% per hour, an annualised rate of 10.4%. Longs paid shorts in 98% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.00180% to 0.00125%. Work out what this costs on your own position with the funding rate calculator.

PENGU funding & market FAQ

What is the current PENGU funding rate?

The current PENGU funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of 0.00125%. Over the past 7 days it has averaged 0.00119%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.

Who pays funding on PENGU right now?

The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.

What does PENGU open interest tell me?

PENGU currently has $13,732,195 of open interest, ranking #88 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.

What is my liquidation price on a PENGU position?

At the current mark price of $0.009301, a 10x long would be liquidated around $0.008371 and a 10x short around $0.010231. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.

Can I trade PENGU perpetuals without an account?

Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's PENGU positions, entries and realised PnL by pasting their wallet address — no sign-up needed.

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