PENDLE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetPENDLEUSDT	1.6221	+0.0100	pay 0.0100% / 8h	18m 23s	$2.8M	$1.1M	75x	Long Bitget
SHORT	BackpackPENDLE_USDC_PERP	1.6215	+0.0153	get 0.0019% / 1h	18m 23s	$271K	$316K	15x	Short Backpack

Price gap−0.037%

Funding gap+0.0053% /8h

Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$68+0.0053% /8h now · paid −0.682% over the last 7D

Price+$1spread −0.037% now, avg −0.045% → +0.008% if it goes back

Costs−$460.455% of $10k · taker + slippage, in and out

Result−$113−1.13%no points

Price and funding

1h · history

Entry / 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−0.037%

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

/8h

PENDLE on 30 exchanges

lowest funding first

Before you open

0 ok · 4 to watch

Watch: Thin at this size16.3 / 10.2 bp
At $10k entering Bitget costs 16.3 bp, fee and slippage, 1.6× Backpack’s.
Note: Margin at max leverage$133 + $667
Bitget 75x, Backpack 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$1.60Long Bitget: 3 payments, −$3.00; short Backpack: 24 payments, +$4.60.
Note: Gap at its usual level−0.037% vs −0.045%
The price leg adds little either way.
Watch: Short leg is thinner$271K vs $2.8M OI
Backpack sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · Backpack Yes
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0325%/8h × 21 periods−$68.21

Price spread−0.037% → −0.045% (7d avg)+$0.83

Slippage, 4 orderslive order books−$23.53

Fee Bitget bp × 2 orders−$12.00

Fee Backpack bp × 2 orders−$10.00

Net · 7 days · $10k−$112.91

Costs to cover0.455%Break-evennever at this rate

Slippage: Bitget: live order book, 4 min ago; Backpack: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget2.1616.3 bp−$1633.6 bp−$336doesn’t fitdoesn’t fit

SELL · SHORTBackpack0.3110.2 bp−$10132.9 bp−$1,329doesn’t fitdoesn’t fit

Closing costs about the same again.

PENDLE news

posts that mention PENDLE, from every exchange

11-09 04:56	Binance	Other	Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: Newly Re-enabled Networks for Alpha: ✅ BSC ✅ ETH ✅ BASE ✅ ARBITRUM Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME ✅ HYPE ✅ APT We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
11-08 08:52	Binance	Other	Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ HYPE ✅ APT Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
11-03 07:08	Binance	Other	Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
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