diff --git a/binance/async_client.py b/binance/async_client.py
index 178fb1a9d..b8cf3b3b4 100644
--- a/binance/async_client.py
+++ b/binance/async_client.py
@@ -2458,6 +2458,28 @@ async def convert_accept_quote(self, **params):
     ====================================================================================================================
     """
 
+    async def papi_stream_get_listen_key(self):
+        res = await self._request_papi_api("post", "listenKey", signed=False, data={})
+        return res["listenKey"]
+
+    papi_stream_get_listen_key.__doc__ = Client.papi_stream_get_listen_key.__doc__
+
+    async def papi_stream_keepalive(self, listenKey):
+        params = {"listenKey": listenKey}
+        return await self._request_papi_api(
+            "put", "listenKey", signed=False, data=params
+        )
+
+    papi_stream_keepalive.__doc__ = Client.papi_stream_keepalive.__doc__
+
+    async def papi_stream_close(self, listenKey):
+        params = {"listenKey": listenKey}
+        return await self._request_papi_api(
+            "delete", "listenKey", signed=False, data=params
+        )
+
+    papi_stream_close.__doc__ = Client.papi_stream_close.__doc__
+
     async def papi_get_balance(self, **params):
         return await self._request_papi_api("get", "balance", signed=True, data=params)
 
@@ -3986,9 +4008,9 @@ async def margin_max_borrowable(self, **params):
 
     margin_max_borrowable.__doc__ = Client.margin_max_borrowable.__doc__
 
-####################################################
-# Futures Data
-####################################################
+    ####################################################
+    # Futures Data
+    ####################################################
 
     async def futures_historical_data_link(self, **params):
         return await self._request_margin_api("get", "futures/data/histDataLink", signed=True, data=params)
diff --git a/binance/client.py b/binance/client.py
index b3a084d33..88e4f5c15 100755
--- a/binance/client.py
+++ b/binance/client.py
@@ -9424,6 +9424,58 @@ def papi_get_balance(self, **params):
         """
         return self._request_papi_api("get", "balance", signed=True, data=params)
 
+    def papi_stream_get_listen_key(self):
+        """Start a new user data stream for Portfolio Margin account.
+
+        https://developers.binance.com/docs/derivatives/portfolio-margin/user-data-streams/Start-User-Data-Stream
+
+        :returns: API response
+
+            {
+                "listenKey": "pM_XXXXXXX"
+            }
+
+        The stream will close after 60 minutes unless a keepalive is sent.
+        If the account has an active listenKey, that listenKey will be returned and its validity will be extended for 60 minutes.
+
+        Weight: 1
+
+        """
+        res = self._request_papi_api("post", "listenKey", signed=False, data={})
+        return res["listenKey"]
+
+    def papi_stream_keepalive(self, listenKey):
+        """Keepalive a user data stream to prevent a time out.
+
+        https://developers.binance.com/docs/derivatives/portfolio-margin/user-data-streams/Keepalive-User-Data-Stream
+
+        :returns: API response
+
+            {}
+
+        User data streams will close after 60 minutes. It's recommended to send a ping about every 60 minutes.
+
+        Weight: 1
+
+        """
+        params = {"listenKey": listenKey}
+        return self._request_papi_api("put", "listenKey", signed=False, data=params)
+
+    def papi_stream_close(self, listenKey):
+        """Close out a user data stream.
+
+        https://developers.binance.com/docs/derivatives/portfolio-margin/user-data-streams/Close-User-Data-Stream
+
+        :returns: API response
+
+            {}
+
+        Weight: 1
+
+        """
+        params = {"listenKey": listenKey}
+        return self._request_papi_api("delete", "listenKey", signed=False, data=params)
+
     def papi_get_account(self, **params):
         """Query account information.
 
@@ -13469,9 +13521,9 @@ def margin_max_borrowable(self, **params):
             "get", "margin/maxBorrowable", signed=True, data=params
         )
 
-####################################################
-# Futures Data
-####################################################
+    ####################################################
+    # Futures Data
+    ####################################################
 
     def futures_historical_data_link(self, **params):
         """Get Future TickLevel Orderbook Historical Data Download Link.
diff --git a/binance/ws/keepalive_websocket.py b/binance/ws/keepalive_websocket.py
index 19346873d..b6e6a5c93 100644
--- a/binance/ws/keepalive_websocket.py
+++ b/binance/ws/keepalive_websocket.py
@@ -66,6 +66,8 @@ async def _get_listen_key(self):
             listen_key = await self._client.futures_stream_get_listen_key()
         elif self._keepalive_type == "coin_futures":
             listen_key = await self._client.futures_coin_stream_get_listen_key()
+        elif self._keepalive_type == "portfolio_margin":
+            listen_key = await self._client.papi_stream_get_listen_key()
         else:  # isolated margin
             # Passing symbol for isolated margin
             listen_key = await self._client.isolated_margin_stream_get_listen_key(
@@ -90,6 +92,8 @@ async def _keepalive_socket(self):
                     await self._client.futures_stream_keepalive(self._listen_key)
                 elif self._keepalive_type == "coin_futures":
                     await self._client.futures_coin_stream_keepalive(self._listen_key)
+                elif self._keepalive_type == "portfolio_margin":
+                    await self._client.papi_stream_keepalive(self._listen_key)
                 else:  # isolated margin
                     # Passing symbol for isolated margin
                     await self._client.isolated_margin_stream_keepalive(
diff --git a/binance/ws/streams.py b/binance/ws/streams.py
index b5fb46e3e..293fa768f 100755
--- a/binance/ws/streams.py
+++ b/binance/ws/streams.py
@@ -1003,6 +1003,21 @@ def coin_futures_socket(self):
             stream_url = self.DSTREAM_TESTNET_URL
         return self._get_account_socket("coin_futures", stream_url=stream_url)
 
+    def portfolio_margin_socket(self):
+        """Start a websocket for portfolio margin user data
+
+            https://developers.binance.com/docs/derivatives/portfolio-margin/user-data-streams
+
+        :returns: connection key string if successful, False otherwise
+
+        Message Format - see Binance API docs for all types
+        """
+        stream_url = self.FSTREAM_URL
+        if self.testnet:
+            stream_url = self.FSTREAM_TESTNET_URL
+        stream_url += "pm/"
+        return self._get_account_socket("portfolio_margin", stream_url=stream_url)
+
     def isolated_margin_socket(self, symbol: str):
         """Start a websocket for isolated margin data