Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.076%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.076%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.071% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENDLE-USDT | 2.5070 | 0.0100 | pay 0.0100% / 8h | 6h 05m | — | $33.6M | — |
| Short | KuCoin PENDLEUSDTM | 2.5089 | 0.0100 | get 0.0100% / 8h | 6h 05m | $862K | $593K | 50x |
BingX PENDLE-USDT
KuCoin PENDLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.076% → +0.005%
- $7.1
- Slippage, 4 orders
- −$108.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$123.45
- Costs to cover
- 1.306%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 44 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 3 min ago | 2.99 bp | 13.2 bp −$13 | 22.1 bp −$221 | 252.7 bp −$25.3K | 444.3 bp −$222.2K |
| Sell KuCoin live order book, 44 min ago | 9.93 bp | 45.3 bp −$45 | 176.7 bp −$1,767 | doesn't fit | doesn't fit |
PENDLE on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.4742% | 1h | 2.4870 | −0.798% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0546% | 1h | 2.5110 | +0.160% | $26K | $14K | 10x | as long as short |
| Extended PENDLE-USD | −0.0136% | 1h | 2.5058 | −0.049% | $163K | $570K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0134% | 8h | 2.5085 | +0.060% | $27.0M | $43.4M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0134% | 8h | 2.5076 | +0.024% | $17.3M | $1.8M | 125x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0129% | 1h | 2.5074 | +0.016% | $77K | $236K | 50x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0124% | 8h | 2.5065 | −0.021% | $421K | $1.7M | 10x | as long as short |
| Gate PENDLE_USDT | −0.0067% | 8h | 2.5080 | +0.040% | $758K | $1.2M | 75x | as long as short |
| Aster PENDLEUSDT | −0.0043% | 8h | 2.5108 | +0.152% | $50K | $181K | 10x | as long as short |
| Variational Omni PENDLE | −0.0040% | 8h | 2.5086 | +0.062% | $613K | $1.8M | — | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
ApeX Omni PENDLEUSDT
GRVT PENDLE_USDT_Perp
Gate PENDLE_USDT
Aster PENDLEUSDT
Variational Omni PENDLEShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PENDLE_USDC | −0.0038% | 8h | 2.5102 | +0.128% | $20K | $15K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5095 | +0.102% | $11K | — | 5x | as long as short |
| Bybit PENDLEUSDT | +0.0011% | 8h | 2.5071 | +0.004% | $15.2M | $12.0M | 50x | as long as short |
| Aevo PENDLE-PERP | +0.0048% | 1h | 2.5098 | +0.113% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0056% | 1h | 2.5104 | +0.137% | $4K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5094 | +0.096% | $534K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5080 | +0.039% | $35K | $16K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5125 | +0.219% | $12.9M | $6.3M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5080 | +0.040% | $3.2M | $6.1M | 50x | as long as short |
| KuCoin PENDLEUSDTMshort | +0.0100% | 8h | 2.5089 | +0.076% | $862K | $593K | 50x | |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5040 | −0.120% | $3.8M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDTlong | +0.0100% | 8h | 2.5070 | long leg | — | $33.6M | — | |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5057 | −0.050% | $25K | $379K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5124 | +0.215% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5124 | +0.215% | $2K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0256% | 1h | 2.5123 | +0.210% | $7K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0405% | 1h | 2.5137 | +0.267% | $352K | $481K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5140 | +0.279% | $144K | $472K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0866% | 1h | 2.5161 | +0.361% | $117K | $289K | 20x | as long as short |
Orderly PERP_PENDLE_USDC
dYdX PENDLE-USD
Bybit PENDLEUSDT
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
Bitget PENDLEUSDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD