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PENG perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

PENG is quoted on 3 contracts. The highest funding rate is on Gate at 0.00% annualised, quoted per 8h, and the lowest is on Bitget at -13.25% — a gap of 13.25 points. Every contract here quotes its rate per 8h.

Highest rate now
0.00%
Gate · 8h
Lowest rate now
-13.25%
Bitget · 8h
Spread
13.25
points
Highest 30d realised APR
+1.61%
Bitget

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
GateCentralisedPENG_USDT 0.0000%8h 0.00% —
no history yet
20x 55.1K
OKXCentralisedPENG-USDT-SWAP 0.0000%8h 0.00% +0.00%
Annualised · +0.00% · range 0.0% … +0.3% · 85 settlements
20x 846.8K
BitgetCentralisedPENGUSDT -0.0121%8h -13.25% +1.61%
Annualised · +1.61% · range -34.8% … +101.2% · 85 settlements
20x 709.8K

Common questions

Which exchanges list PENG perpetual futures?

PENG trades as 3 perpetual contracts across 3 venues: Bitget, Gate and OKX. The busiest is OKX, with $846.8K of 24h turnover — 53% of the total.

Where is PENG funding cheapest right now?

For a long, the most favourable collected rate is -13.25% annualised on Bitget; for a short, it is 0.00% on Gate — a gap of 13.25 points.

How much funding does a 10,000 USDT PENG position pay per day?

At current rates a 10,000 USDT long pays about 0.00 USDT a day on Gate and -3.63 USDT on Bitget. Over the past 30 days Bitget actually settled an average of +0.44 USDT a day on the same position. A negative figure means the long is paid.

How often does PENG funding settle?

Every venue collected here settles PENG funding every 8h, 3 times a day.

What has PENG funding actually paid over the past 30 days?

The highest realised figure was on Bitget: +1.61% annualised across 85 settlements, 3% of them negative. The lowest was OKX, at +0.00%. 2 of the 3 contracts have at least a week of settled history to measure.

What is the highest leverage available on PENG?

The highest collected cap is 20x, on Bitget, Gate and OKX. On Bitget it applies up to 100K USDT of notional; above that the cap drops to 15x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

PENG comparison scope and payment direction

This page retains low-turnover PENG contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Gate · PENG_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 10000 quote 3.0000% 16.00x 25
3 10000 – 20000 quote 3.5000% 14.00x 75
4 20000 – 30000 quote 4.0000% 12.00x 175
5 30000 – 50000 quote 5.0000% 10.00x 475
6 50000 – 70000 quote 6.5000% 8.00x 1225
7 70000 – 100000 quote 8.0000% 6.00x 2275
8 100000 – 200000 quote 10.0000% 5.00x 4275
9 200000 – 300000 quote 15.0000% 4.00x 14275
10 300000 – 500000 quote 20.0000% 3.00x 29275
11 500000 – 1000000 quote 25.0000% 2.00x 54275
12 1000000 – 1500000 quote 40.0000% 1.50x 204275
13 1500000 – ∞ quote 70.0000% 1.05x 654275

OKX · PENG-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 110 base 2.0000% 20.00x —
2 110.1 – 220 base 3.0000% 15.00x —
3 220.1 – 330 base 4.0000% 12.50x —
4 330.1 – 440 base 4.5000% 11.76x —
5 440.1 – 550 base 5.0000% 11.11x —
6 550.1 – 660 base 5.5000% 10.52x —
7 660.1 – 770 base 6.0000% 10.00x —
8 770.1 – 880 base 6.5000% 9.52x —
9 880.1 – 990 base 7.0000% 9.09x —
10 990.1 – 1100 base 7.5000% 8.69x —
11 1100.1 – 1210 base 8.0000% 8.33x —
12 1210.1 – 1320 base 8.5000% 8.00x —
13 1320.1 – 1430 base 9.0000% 7.69x —
14 1430.1 – 1540 base 9.5000% 7.40x —
15 1540.1 – 1650 base 10.0000% 7.14x —
16 1650.1 – 1760 base 10.5000% 6.89x —
17 1760.1 – 1870 base 11.0000% 6.66x —
18 1870.1 – 1980 base 11.5000% 6.45x —
19 1980.1 – 2090 base 12.0000% 6.25x —
20 2090.1 – 2200 base 12.5000% 6.06x —
21 2200.1 – 2310 base 13.0000% 5.88x —
22 2310.1 – 2420 base 13.5000% 5.71x —
23 2420.1 – 2530 base 14.0000% 5.55x —
24 2530.1 – 2640 base 14.5000% 5.40x —
25 2640.1 – 2750 base 15.0000% 5.26x —
26 2750.1 – 2860 base 15.5000% 5.12x —
27 2860.1 – 2970 base 16.0000% 5.00x —
28 2970.1 – 3080 base 16.5000% 4.87x —
29 3080.1 – 3190 base 17.0000% 4.76x —
30 3190.1 – 3300 base 17.5000% 4.65x —
31 3300.1 – 3410 base 18.0000% 4.54x —
32 3410.1 – 3520 base 18.5000% 4.44x —
33 3520.1 – 3630 base 19.0000% 4.34x —
34 3630.1 – 3740 base 19.5000% 4.25x —
35 3740.1 – 3850 base 20.0000% 4.16x —
36 3850.1 – 3960 base 20.5000% 4.08x —
37 3960.1 – 4070 base 21.0000% 4.00x —
38 4070.1 – 4180 base 21.5000% 3.92x —
39 4180.1 – 4290 base 22.0000% 3.84x —
40 4290.1 – 4400 base 22.5000% 3.77x —
41 4400.1 – 4510 base 23.0000% 3.70x —
42 4510.1 – 4620 base 23.5000% 3.63x —
43 4620.1 – 4730 base 24.0000% 3.57x —
44 4730.1 – 4840 base 24.5000% 3.50x —
45 4840.1 – 4950 base 25.0000% 3.44x —
46 4950.1 – 5060 base 25.5000% 3.38x —
47 5060.1 – 5170 base 26.0000% 3.33x —
48 5170.1 – 5280 base 26.5000% 3.27x —
49 5280.1 – 5390 base 27.0000% 3.22x —
50 5390.1 – 5500 base 27.5000% 3.17x —
51 5500.1 – 5610 base 28.0000% 3.12x —
52 5610.1 – 5720 base 28.5000% 3.07x —
53 5720.1 – 5830 base 29.0000% 3.03x —
54 5830.1 – 5940 base 29.5000% 2.98x —
55 5940.1 – 6050 base 30.0000% 2.94x —
56 6050.1 – 6160 base 30.5000% 2.89x —
57 6160.1 – 6270 base 31.0000% 2.85x —
58 6270.1 – 6380 base 31.5000% 2.81x —
59 6380.1 – 6490 base 32.0000% 2.77x —
60 6490.1 – 6600 base 32.5000% 2.73x —
61 6600.1 – 6710 base 33.0000% 2.70x —
62 6710.1 – 6820 base 33.5000% 2.66x —
63 6820.1 – 6930 base 34.0000% 2.63x —
64 6930.1 – 7040 base 34.5000% 2.59x —
65 7040.1 – 7150 base 35.0000% 2.56x —
66 7150.1 – 7260 base 35.5000% 2.53x —
67 7260.1 – 7370 base 36.0000% 2.50x —
68 7370.1 – 7480 base 36.5000% 2.46x —
69 7480.1 – 7590 base 37.0000% 2.43x —
70 7590.1 – 7700 base 37.5000% 2.40x —
71 7700.1 – 7810 base 38.0000% 2.38x —
72 7810.1 – 7920 base 38.5000% 2.35x —
73 7920.1 – 8030 base 39.0000% 2.32x —
74 8030.1 – 8140 base 39.5000% 2.29x —
75 8140.1 – 8250 base 40.0000% 2.27x —
76 8250.1 – 8360 base 40.5000% 2.24x —
77 8360.1 – 8470 base 41.0000% 2.22x —
78 8470.1 – 8580 base 41.5000% 2.19x —
79 8580.1 – 8690 base 42.0000% 2.17x —
80 8690.1 – 8800 base 42.5000% 2.15x —
81 8800.1 – 8910 base 43.0000% 2.12x —
82 8910.1 – 9020 base 43.5000% 2.10x —
83 9020.1 – 9130 base 44.0000% 2.08x —
84 9130.1 – 9240 base 44.5000% 2.06x —
85 9240.1 – 9350 base 45.0000% 2.04x —
86 9350.1 – 9460 base 45.5000% 2.02x —
87 9460.1 – 9570 base 46.0000% 2.00x —

Bitget · PENGUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 100000 quote 2.5000% 20.00x —
2 100000 – 500000 quote 4.0000% 15.00x —
3 500000 – 2000000 quote 5.0000% 10.00x —
4 2000000 – 5000000 quote 10.0000% 5.00x —
5 5000000 – 10000000 quote 12.5000% 4.00x —
6 10000000 – 25000000 quote 30.0000% 2.00x —
7 25000000 – ∞ quote 60.0000% 1.00x —