This is because peak luminance varies depending on the scene/content and ABL behaviour.
Hallway Lights (~1950 cd/m²) 1,018 cd/m²
Yellow Skyscraper (~700 cd/m²) 606 cd/m²
Since Megatron is after the maximum your display is actually capable of, I would probably use the Hallway Lights at 1018 cd/m² result.
Failing that you can also try 950 cd/m².
Since HDR Game Mode is a lot dimmer than the brightest HDR mode, you cannot use 200 - 300 in that mode. You might be able to get away with such settings using the brightest HDR mode but you really don’t want to use that for gaming.
So don’t harp on the numbers too much, just do what the setup instructions say. Get your Peak, plug in your Peak.
For paperwhite you just need to literally turn it up until it looks right. The Megatron Thread has some recommendations regarding the 240p Test Suite so you can use that to fine tune them but how does everything look out the box using my settings with your TV in HDR Game Mode?
So it might seem tricky but it shouldn’t be too difficult once you don’t overthink on the numbers and use your eyes.
So there’s nothing wrong with paperwhite exceeding Peak if that’s what works for your particular set in a particular mode.
Send some pics if you can. A picture tells a thousand words.