Binance PENGU perpetual
PENGUUSDT
As of 2026-09-30 23:44 UTC, PENGUUSDT on Binance has a collected rate of -0.0015% over 4h, or -3.22% simple annualised; its collected settlement interval is 4h, with up to 75x leverage.
What does this rate mean for a 10,000 USDT position?
For PENGUUSDT, 10,000 USDT of notional × -0.001472% gives 0.1472 USDT over the quoted 4h rate period: longs receive and shorts pay. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.
How do I select the margin tier for PENGUUSDT?
This table selects tiers by position notional in USDT, not by the amount of margin deposited. The first tier starts at 0 and ends at 20000 USDT. Above that, tier 2 requires 1.5000% maintenance margin.
Settled history is not currently available for this contract. The latest funding snapshot cannot establish the actual funding cost over the past 30 days.
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 20000 quote | 1.0000% | 75.00x | — |
| 2 | 20000 – 200000 quote | 1.5000% | 50.00x | 100 |
| 3 | 200000 – 1000000 quote | 2.0000% | 25.00x | 1100 |
| 4 | 1000000 – 2000000 quote | 2.5000% | 20.00x | 6100 |
| 5 | 2000000 – 5000000 quote | 5.0000% | 10.00x | 56100 |
| 6 | 5000000 – 7500000 quote | 10.0000% | 5.00x | 306100 |
| 7 | 7500000 – 10000000 quote | 12.5000% | 4.00x | 493600 |
| 8 | 10000000 – 12500000 quote | 25.0000% | 2.00x | 1743600 |
| 9 | 12500000 – 15000000 quote | 50.0000% | 1.00x | 4868600 |
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Binance this page | PENGUUSDT | 4h | -3.22% |
| Gate | PENGU_USDT | 4h | +4.38% |
| OKX | PENGU-USDT-SWAP | 4h | +9.15% |
| Lighter | PENGU | 8h | +10.51% |
| Aster | PENGUUSDT | 4h | +10.95% |
| Binance | PENGUUSDC | 4h | +10.95% |
| Bitget | PENGUUSDT | 4h | +10.95% |
| Bybit | PENGUPERP | 4h | +10.95% |
| Bybit | PENGUUSDT | 4h | +10.95% |
| Hyperliquid | PENGU | 1h | +10.95% |
Common questions
What is the Binance PENGU funding rate?
The latest collected Binance PENGU funding rate is -0.0015% per 4h rate period, or -3.22% simple annualised. At this rate shorts pay longs.
How often is funding charged on Binance PENGU?
The collected settlement interval is 4h, normally 6 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Binance PENGU?
The collected leverage cap for Binance PENGU is 75x, with 9 margin tiers shown. The first margin tier, up to 20K USDT, allows 75x; the second allows 50x.
What is the maintenance margin rate on Binance PENGU?
The first tier requires 1.0000%, with 9 available tiers. The applicable requirement depends on the position’s tier. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Observation time and verification
This contract’s funding was observed at 2026-09-30 23:44 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Binance official data source · Funding methodology