The spelling of the word "peating" is an interesting example of how English orthography can be misleading. While it may seem like the word should be pronounced as "pee-ting," it is actually pronounced as "pay-ting." This is because the "ea" combination in English can have multiple pronunciations. In this case, it is pronounced as the long "a" sound. The IPA phonetic transcription of "peating" is /ˈpeɪtɪŋ/, with the stress on the first syllable. So next time you encounter a strange spelling, be sure to check the pronunciation!