Lighter PENGU perpetual
PENGU
As of 2026-09-09 13:53 UTC, PENGU on Lighter has a collected rate of +0.0096% over 8h, or +10.51% simple annualised; its collected settlement interval is 1h, with up to 8x leverage. Gate has a lower rate for longs at -1.97%.
Maintenance margin ladder
No 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 – ∞ quote | 7.5000% | 8.00x | — |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h. 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 this page | PENGU | 8h | +10.51% |
| Aster | PENGUUSDT | 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 Lighter PENGU funding rate?
The latest collected Lighter PENGU funding rate is +0.0096% over a 8h rate period, or +10.51% 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 Lighter PENGU?
The collected settlement interval is 1h, normally 24 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Lighter PENGU?
The collected leverage cap for Lighter PENGU is 8x, with 1 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Lighter PENGU?
The first tier requires 7.5000%, and there are 1 tiers in all — a larger position requires more. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.
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 Lighter is at +10.51%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
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. Lighter official data source · Funding methodology