OKX PENGU perpetual
PENGU-USDT-SWAP
As of 2026-09-09 12:47 UTC, PENGU-USDT-SWAP on OKX has a collected rate of +0.0017% over 4h, or +3.75% simple annualised; its collected settlement interval is 4h, with up to 50x leverage. Binance has a lower rate for longs at -2.19%.
Settled rates over the past 30 days
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 – 2000000 base | 1.0000% | 50.00x | — |
| 2 | 2000100 – 3800000 base | 1.5000% | 40.00x | — |
| 3 | 3800100 – 7800000 base | 3.0000% | 20.00x | — |
| 4 | 7800100 – 15600000 base | 3.5000% | 18.18x | — |
| 5 | 15600100 – 23400000 base | 4.0000% | 16.66x | — |
| 6 | 23400100 – 31200000 base | 4.5000% | 15.38x | — |
| 7 | 31200100 – 39000000 base | 5.0000% | 14.28x | — |
| 8 | 39000100 – 46800000 base | 5.5000% | 13.33x | — |
| 9 | 46800100 – 54600000 base | 6.0000% | 12.50x | — |
| 10 | 54600100 – 62400000 base | 6.5000% | 11.76x | — |
| 11 | 62400100 – 70200000 base | 7.0000% | 11.11x | — |
| 12 | 70200100 – 78000000 base | 7.5000% | 10.52x | — |
| 13 | 78000100 – 85800000 base | 8.0000% | 10.00x | — |
| 14 | 85800100 – 93600000 base | 8.5000% | 9.52x | — |
| 15 | 93600100 – 101400000 base | 9.0000% | 9.09x | — |
| 16 | 101400100 – 109200000 base | 9.5000% | 8.69x | — |
| 17 | 109200100 – 117000000 base | 10.0000% | 8.33x | — |
| 18 | 117000100 – 124800000 base | 10.5000% | 8.00x | — |
| 19 | 124800100 – 132600000 base | 11.0000% | 7.69x | — |
| 20 | 132600100 – 140400000 base | 11.5000% | 7.40x | — |
| 21 | 140400100 – 148200000 base | 12.0000% | 7.14x | — |
| 22 | 148200100 – 156000000 base | 12.5000% | 6.89x | — |
| 23 | 156000100 – 163800000 base | 13.0000% | 6.66x | — |
| 24 | 163800100 – 171600000 base | 13.5000% | 6.45x | — |
| 25 | 171600100 – 179400000 base | 14.0000% | 6.25x | — |
| 26 | 179400100 – 187200000 base | 14.5000% | 6.06x | — |
| 27 | 187200100 – 195000000 base | 15.0000% | 5.88x | — |
| 28 | 195000100 – 202800000 base | 15.5000% | 5.71x | — |
| 29 | 202800100 – 210600000 base | 16.0000% | 5.55x | — |
| 30 | 210600100 – 218400000 base | 16.5000% | 5.40x | — |
| 31 | 218400100 – 226200000 base | 17.0000% | 5.26x | — |
| 32 | 226200100 – 234000000 base | 17.5000% | 5.12x | — |
| 33 | 234000100 – 241800000 base | 18.0000% | 5.00x | — |
| 34 | 241800100 – 249600000 base | 18.5000% | 4.87x | — |
| 35 | 249600100 – 257400000 base | 19.0000% | 4.76x | — |
| 36 | 257400100 – 265200000 base | 19.5000% | 4.65x | — |
| 37 | 265200100 – 273000000 base | 20.0000% | 4.54x | — |
| 38 | 273000100 – 280800000 base | 20.5000% | 4.44x | — |
| 39 | 280800100 – 288600000 base | 21.0000% | 4.34x | — |
| 40 | 288600100 – 296400000 base | 21.5000% | 4.25x | — |
| 41 | 296400100 – 304200000 base | 22.0000% | 4.16x | — |
| 42 | 304200100 – 312000000 base | 22.5000% | 4.08x | — |
| 43 | 312000100 – 319800000 base | 23.0000% | 4.00x | — |
| 44 | 319800100 – 327600000 base | 23.5000% | 3.92x | — |
| 45 | 327600100 – 335400000 base | 24.0000% | 3.84x | — |
| 46 | 335400100 – 343200000 base | 24.5000% | 3.77x | — |
| 47 | 343200100 – 351000000 base | 25.0000% | 3.70x | — |
| 48 | 351000100 – 358800000 base | 25.5000% | 3.63x | — |
| 49 | 358800100 – 366600000 base | 26.0000% | 3.57x | — |
| 50 | 366600100 – 374400000 base | 26.5000% | 3.50x | — |
| 51 | 374400100 – 382200000 base | 27.0000% | 3.44x | — |
| 52 | 382200100 – 390000000 base | 27.5000% | 3.38x | — |
| 53 | 390000100 – 397800000 base | 28.0000% | 3.33x | — |
| 54 | 397800100 – 405600000 base | 28.5000% | 3.27x | — |
| 55 | 405600100 – 413400000 base | 29.0000% | 3.22x | — |
| 56 | 413400100 – 421200000 base | 29.5000% | 3.17x | — |
| 57 | 421200100 – 429000000 base | 30.0000% | 3.12x | — |
| 58 | 429000100 – 436800000 base | 30.5000% | 3.07x | — |
| 59 | 436800100 – 444600000 base | 31.0000% | 3.03x | — |
| 60 | 444600100 – 452400000 base | 31.5000% | 2.98x | — |
| 61 | 452400100 – 460200000 base | 32.0000% | 2.94x | — |
| 62 | 460200100 – 468000000 base | 32.5000% | 2.89x | — |
| 63 | 468000100 – 475800000 base | 33.0000% | 2.85x | — |
| 64 | 475800100 – 483600000 base | 33.5000% | 2.81x | — |
| 65 | 483600100 – 491400000 base | 34.0000% | 2.77x | — |
| 66 | 491400100 – 499200000 base | 34.5000% | 2.73x | — |
| 67 | 499200100 – 507000000 base | 35.0000% | 2.70x | — |
| 68 | 507000100 – 514800000 base | 35.5000% | 2.66x | — |
| 69 | 514800100 – 522600000 base | 36.0000% | 2.63x | — |
| 70 | 522600100 – 530400000 base | 36.5000% | 2.59x | — |
| 71 | 530400100 – 538200000 base | 37.0000% | 2.56x | — |
| 72 | 538200100 – 546000000 base | 37.5000% | 2.53x | — |
| 73 | 546000100 – 553800000 base | 38.0000% | 2.50x | — |
| 74 | 553800100 – 561600000 base | 38.5000% | 2.46x | — |
| 75 | 561600100 – 569400000 base | 39.0000% | 2.43x | — |
| 76 | 569400100 – 577200000 base | 39.5000% | 2.40x | — |
| 77 | 577200100 – 585000000 base | 40.0000% | 2.38x | — |
| 78 | 585000100 – 592800000 base | 40.5000% | 2.35x | — |
| 79 | 592800100 – 600600000 base | 41.0000% | 2.32x | — |
| 80 | 600600100 – 608400000 base | 41.5000% | 2.29x | — |
| 81 | 608400100 – 616200000 base | 42.0000% | 2.27x | — |
| 82 | 616200100 – 624000000 base | 42.5000% | 2.24x | — |
| 83 | 624000100 – 631800000 base | 43.0000% | 2.22x | — |
| 84 | 631800100 – 639600000 base | 43.5000% | 2.19x | — |
| 85 | 639600100 – 647400000 base | 44.0000% | 2.17x | — |
| 86 | 647400100 – 655200000 base | 44.5000% | 2.15x | — |
| 87 | 655200100 – 663000000 base | 45.0000% | 2.12x | — |
| 88 | 663000100 – 670800000 base | 45.5000% | 2.10x | — |
| 89 | 670800100 – 678600000 base | 46.0000% | 2.08x | — |
| 90 | 678600100 – 686400000 base | 46.5000% | 2.06x | — |
| 91 | 686400100 – 694200000 base | 47.0000% | 2.04x | — |
| 92 | 694200100 – 702000000 base | 47.5000% | 2.02x | — |
| 93 | 702000100 – 709800000 base | 48.0000% | 2.00x | — |
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 | PENGUUSDT | 4h | +3.68% |
| OKX this page | 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 OKX PENGU funding rate?
The latest collected OKX PENGU funding rate is +0.0017% over a 4h rate period, or +3.75% 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 OKX 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 OKX PENGU?
The collected leverage cap for OKX PENGU is 50x, with 93 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on OKX PENGU?
The first tier requires 1.0000%, and there are 93 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, Binance currently has the lowest rate at -2.19% annualised; this page's OKX is at +3.75%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has OKX PENGU funding paid over the past 30 days?
Settlements over the past 30 days annualise to +8.07% across 178 settlements, 13% 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 12:47 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. OKX 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.