Binance PENGU perpetual
PENGUUSDT
As of 2026-09-09 12:46 UTC, PENGUUSDT on Binance has a collected rate of +0.0017% over 4h, or +3.68% simple annualised; its collected settlement interval is 4h, with up to 75x leverage. Binance has a lower rate for longs at -2.19%.
Settled rates 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 | PENGUUSDC | 4h | -2.19% |
| Bybit | PENGUUSDT | 4h | -1.78% |
| Binance this page | PENGUUSDT | 4h | +3.68% |
| OKX | PENGU-USDT-SWAP | 4h | +3.75% |
| Lighter | PENGU | 8h | +10.51% |
| Aster | PENGUUSDT | 4h | +10.95% |
| Bitget | PENGUUSDT | 4h | +10.95% |
| Bybit | PENGUPERP | 4h | +10.95% |
| Gate | PENGU_USDT | 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 +0.0017% over a 4h rate period, or +3.68% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
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. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Binance PENGU?
The first tier requires 1.0000%, and there are 9 tiers in all — a larger position requires more. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest PENGU funding cost for longs?
For a long position, Binance currently has the lowest rate at -2.19% annualised; this page's Binance is at +3.68%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Binance PENGU funding paid over the past 30 days?
Settlements over the past 30 days annualise to +7.67% across 98 settlements, 15% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-09-09 12:46 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Binance official data source · Funding methodology
History coverage for this contract
98 settlements are available, covering 392 known-period hours, from 2026-08-10 16:00 to 2026-08-26 20:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.