Bybit PENGU perpetual
PENGUUSDT
As of 2026-09-09 13:53 UTC, PENGUUSDT on Bybit has a collected rate of +0.0050% over 4h, or +10.95% simple annualised; its collected settlement interval is 4h, with up to 75x leverage. Gate has a lower rate for longs at -1.97%.
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 – 5000 quote | 0.6700% | 75.00x | — |
| 2 | 5000 – 10000 quote | 1.0000% | 50.00x | 16.5 |
| 3 | 10000 – 30000 quote | 2.0000% | 25.00x | 116.5 |
| 4 | 30000 – 50000 quote | 2.5000% | 20.00x | 266.5 |
| 5 | 50000 – 250000 quote | 5.0000% | 10.00x | 1516.5 |
| 6 | 250000 – 500000 quote | 10.0000% | 5.00x | 14016.5 |
| 7 | 500000 – 850000 quote | 12.5000% | 4.00x | 26516.5 |
| 8 | 850000 – 1500000 quote | 25.0000% | 2.00x | 132766.5 |
| 9 | 1500000 – ∞ quote | 50.0000% | 1.00x | 507766.5 |
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 |
|---|---|---|---|
| Gate | PENGU_USDT | 4h | -1.97% |
| Binance | PENGUUSDT | 4h | +4.74% |
| OKX | PENGU-USDT-SWAP | 4h | +6.82% |
| Binance | PENGUUSDC | 4h | +7.76% |
| Lighter | PENGU | 8h | +10.51% |
| Aster | PENGUUSDT | 4h | +10.95% |
| Bitget | PENGUUSDT | 4h | +10.95% |
| Bybit | PENGUPERP | 4h | +10.95% |
| Bybit this page | PENGUUSDT | 4h | +10.95% |
| Hyperliquid | PENGU | 1h | +10.95% |
Common questions
What is the Bybit PENGU funding rate?
The latest collected Bybit PENGU funding rate is +0.0050% over a 4h rate period, or +10.95% 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 Bybit 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 Bybit PENGU?
The collected leverage cap for Bybit 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 Bybit PENGU?
The first tier requires 0.6700%, 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, Gate currently has the lowest rate at -1.97% annualised; this page's Bybit is at +10.95%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Bybit PENGU funding paid over the past 30 days?
Settlements over the past 30 days annualise to +6.72% across 178 settlements, 17% 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 13:53 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Bybit official data source · Funding methodology
History coverage for this contract
178 settlements are available, covering 712 known-period hours, from 2026-08-10 16:00 to 2026-09-09 04:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.