diff --git a/apps/trading/components/funding-container/funding-container.tsx b/apps/trading/components/funding-container/funding-container.tsx
index 41eaa69d5..e4aa562b8 100644
--- a/apps/trading/components/funding-container/funding-container.tsx
+++ b/apps/trading/components/funding-container/funding-container.tsx
@@ -65,7 +65,7 @@ export const FundingContainer = ({ marketId }: { marketId: string }) => {
           if (edge.node.endTime) {
             acc?.push({
               endTime: fromNanoSeconds(edge.node.endTime),
-              fundingRate: Number(edge.node.fundingRate) * 100,
+              fundingRate: Number(edge.node.fundingRate),
             });
           }
           return acc;
@@ -82,7 +82,8 @@ export const FundingContainer = ({ marketId }: { marketId: string }) => {
     <LineChart
       data={values}
       theme={theme}
-      priceFormat={(fundingRate) => `${fundingRate.toFixed(4)}%`}
+      priceFormat={(fundingRate) => `${(fundingRate * 100).toFixed(4)}%`}
+      yAxisTickFormat="%"
     />
   );
 };
diff --git a/package.json b/package.json
index 237b09a51..ea35ad15c 100644
--- a/package.json
+++ b/package.json
@@ -77,7 +77,7 @@
     "jsondiffpatch": "^0.4.1",
     "lodash": "^4.17.21",
     "next": "13.3.0",
-    "pennant": "^1.14.1",
+    "pennant": "^1.15.0",
     "react": "18.2.0",
     "react-copy-to-clipboard": "5.1.0",
     "react-dom": "18.2.0",
diff --git a/yarn.lock b/yarn.lock
index 03a3e316c..4635d6a09 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -17884,10 +17884,10 @@ pend@~1.2.0:
   resolved "https://registry.yarnpkg.com/pend/-/pend-1.2.0.tgz#7a57eb550a6783f9115331fcf4663d5c8e007a50"
   integrity sha512-F3asv42UuXchdzt+xXqfW1OGlVBe+mxa2mqI0pg5yAHZPvFmY3Y6drSf/GQ1A86WgWEN9Kzh/WrgKa6iGcHXLg==
 
-pennant@^1.14.1:
-  version "1.14.1"
-  resolved "https://registry.yarnpkg.com/pennant/-/pennant-1.14.1.tgz#8e7a53256095e398b03397af31c831b02a56032b"
-  integrity sha512-rjzo/tlFanO96OKhJiyjQtjug7sY6pjVZqVbieD3Tf4zt20bqIb6m4L2JfwOXEe0jqP/yddgCNPY+vlkVuJW1Q==
+pennant@^1.15.0:
+  version "1.15.0"
+  resolved "https://registry.yarnpkg.com/pennant/-/pennant-1.15.0.tgz#21854cf78466cbd27eda8143c21abcde070d4d76"
+  integrity sha512-p3H4vu6BP7nUqn7s2pjyTl0FMJUT2U5lq5UKuxy55F2E66sJnvp5XFvNjRZvi42vyzsxG8WURgwQDQKNqQgWAw==
   dependencies:
     "@babel/runtime" "^7.13.10"
     "@d3fc/d3fc-technical-indicator" "^8.0.1"