Gate PENGU perpetual
PENGU_USDT
As of 2026-09-09 14:57 UTC, PENGU_USDT on Gate has a collected rate of +0.0011% over 4h, or +2.41% simple annualised; its collected settlement interval is 4h, with up to 75x leverage. Binance has a lower rate for longs at +0.93%.
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 – 10000 quote | 0.8333% | 75.00x | — |
| 2 | 10000 – 20000 quote | 1.0000% | 60.00x | 16.67 |
| 3 | 20000 – 30000 quote | 1.2000% | 50.00x | 56.67 |
| 4 | 30000 – 50000 quote | 1.5000% | 40.00x | 146.67 |
| 5 | 50000 – 70000 quote | 1.8000% | 35.00x | 296.67 |
| 6 | 70000 – 100000 quote | 2.0000% | 30.00x | 436.67 |
| 7 | 100000 – 200000 quote | 2.5000% | 25.00x | 936.67 |
| 8 | 200000 – 300000 quote | 3.5000% | 20.00x | 2936.67 |
| 9 | 300000 – 500000 quote | 4.0000% | 16.00x | 4436.67 |
| 10 | 500000 – 700000 quote | 5.0000% | 12.00x | 9436.67 |
| 11 | 700000 – 1000000 quote | 6.0000% | 10.00x | 16436.67 |
| 12 | 1000000 – 1500000 quote | 8.0000% | 8.00x | 36436.67 |
| 13 | 1500000 – 2000000 quote | 10.0000% | 5.00x | 66436.67 |
| 14 | 2000000 – 3000000 quote | 15.0000% | 4.00x | 166436.67 |
| 15 | 3000000 – 5000000 quote | 20.0000% | 3.00x | 316436.67 |
| 16 | 5000000 – 7000000 quote | 30.0000% | 2.00x | 816436.67 |
| 17 | 7000000 – 10000000 quote | 40.0000% | 1.80x | 1516436.67 |
| 18 | 10000000 – 15000000 quote | 50.0000% | 1.50x | 2516436.67 |
| 19 | 15000000 – 20000000 quote | 60.0000% | 1.20x | 4016436.67 |
| 20 | 20000000 – ∞ quote | 80.0000% | 1.05x | 8016436.67 |
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 | PENGUUSDT | 4h | +0.93% |
| Gate this page | PENGU_USDT | 4h | +2.41% |
| OKX | PENGU-USDT-SWAP | 4h | +4.14% |
| 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 Gate PENGU funding rate?
The latest collected Gate PENGU funding rate is +0.0011% over a 4h rate period, or +2.41% 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 Gate 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 Gate PENGU?
The collected leverage cap for Gate PENGU is 75x, with 20 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Gate PENGU?
The first tier requires 0.8333%, and there are 20 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 +0.93% annualised; this page's Gate is at +2.41%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Gate PENGU funding paid over the past 30 days?
Settlements over the past 30 days annualise to +5.80% across 178 settlements, 16% 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 14:57 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Gate 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.