cantering fagpony Share definition Flag 1. A small homosexual horse that moves a pace slightly more brisk than usual. Cindy doesn't want a horsey for Christmas, she would like a cantering fagpony. cantering fagpony by Aras Elocin October 15, 2008 0 0 Get merch Get the cantering fagpony mug. Buy Now — $32.95 See more merch