Funding arb · Price arb / Crypto
PENDLE
All PENDLE markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7706 | +0.0100 | pay 0.0100% / 8h | 59m 07s | $2.6M | $12.3M | — | Long BingX | |
| SHORT | 1.7686 | +0.0100 | get 0.0013% / 1h | 59m 07s | $19K | $224K | 25x | Short TxFlow5% off |
Price gap−0.113%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$80.0000% /8h now · paid −0.078% over the last 7D
Price$0spread −0.113% now, avg −0.110% → −0.003% if it goes back
Costs−$550.555% of $10k · taker + slippage, in and out
Result−$64−0.64%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.113%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPENDLE on 31 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size15.1 / 17.3 bpAt $10k entering TxFlow costs 17.3 bp, fee and slippage, 1.1× BingX’s.
- Note: Margin at max leverage— + $400BingX —, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long BingX: 3 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Note: Gap at its usual level−0.113% vs −0.110%The price leg adds little either way.
- Watch: Short leg is thinner$19K vs $2.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · TxFlow NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0037%/8h × 21 periods−$7.81
Price spread−0.113% → −0.110% (7d avg)−$0.28
Slippage, 4 orderslive order books−$36.50
Fee BingX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$63.60
Costs to cover0.555%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; TxFlow: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.8515.1 bp−$1540.6 bp−$406248.7 bp−$24.9K454.2 bp−$227.1K
SELL · SHORTTxFlow0.2817.3 bp−$1767.5 bp−$675doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-24 18:20 | Phemex | Other | Phemex Futures TradFi Listing: ethereum:0xaea46a60368a7bd060eec7df8cba43b7ef41ad85, ethereum:0x5a98fcbea516cf06857215779fd812ca3bef1b32, $PENDLE, ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6, $CAKE, $INJ 🔹 Trading Zone: Perpetual 🔹 Max Leverage: Up to 50x 🔹 Trading Starts: @Phemex_official on X ↗ |
| 09-24 09:36 | Phemex | Listing | new market PENDLEUSDT ($PENDLE) seen by our collector |

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