A pixel structure and a display panel are provided. The pixel structure includes a plurality of pixel units. Each pixel unit includes a first sub-pixel, a second sub-pixel and a third sub-pixel. The first sub-pixel and the second sub-pixel are located on the same side of the third sub-pixel along the first direction. Each of the first sub-pixel and the second sub-pixel is arranged opposite to the third sub-pixel, and the first sub-pixel is arranged opposite to the second sub-pixel along the second direction. The areas of the first sub-pixel, the second sub-pixel and the third sub-pixel increase sequentially. The third sub-pixel includes a body portion and an extension portion. The body portion extends in the second direction, the extension portion is connected to the body portion and extends in the first direction towards the first sub-pixel and is arranged opposite to the first sub-pixel.