Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Bitget0.000%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now 0.000%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.045% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENDLEUSDT | 2.5150 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $3.8M | $2.5M | 75x |
| Short | OKX PENDLE-USDT-SWAP | 2.5150 | 0.0100 | get 0.0050% / 4h | 2h 32m | $3.2M | $6.2M | 50x |
Bitget PENDLEUSDT
OKX PENDLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: 0.000% → +0.045%
- −$4.5
- Slippage, 4 orders
- −$52.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.41
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago | 4.58 bp | 19.0 bp −$19 | 56.6 bp −$566 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.99 bp | 16.9 bp −$17 | 85.8 bp −$858 | 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 | 2.4830 | −1.272% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0943% | 1h | 2.5118 | −0.127% | $26K | $14K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0249% | 1h | 2.5126 | −0.095% | $77K | $236K | 50x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0127% | 8h | 2.5147 | −0.012% | $422K | $1.7M | 10x | as long as short |
| Extended PENDLE-USD | −0.0120% | 1h | 2.5161 | +0.044% | $167K | $566K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.0119% | 8h | 2.5167 | +0.068% | $17.4M | $1.8M | 125x | as long as short |
| Binance PENDLEUSDT | −0.0118% | 8h | 2.5173 | +0.091% | $27.1M | $43.5M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.0094% | 8h | 2.5170 | +0.080% | $15.3M | $12.1M | 50x | as long as short |
| Variational Omni PENDLE | −0.0036% | 8h | 2.5186 | +0.144% | $600K | $1.8M | — | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0036% | 8h | 2.5111 | −0.155% | $20K | $16K | 10x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
GRVT PENDLE_USDT_Perp
Extended PENDLE-USD
MEXC PENDLE_USDT
Binance PENDLEUSDT
Bybit PENDLEUSDT
Variational Omni PENDLE
Orderly PERP_PENDLE_USDCShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PENDLE_USDT | −0.0011% | 8h | 2.5160 | +0.040% | $762K | $1.2M | 75x | as long as short |
| Aster PENDLEUSDT | −0.0006% | 8h | 2.5173 | +0.093% | $50K | $181K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5153 | +0.012% | $11K | — | 5x | as long as short |
| Aevo PENDLE-PERP | +0.0048% | 1h | 2.5105 | −0.181% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0054% | 1h | 2.5109 | −0.162% | $4K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5136 | −0.056% | $535K | $414K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5124 | −0.105% | $35K | $16K | 10x | as long as short |
| OKX PENDLE-USDT-SWAPshort | +0.0100% | 4h | 2.5150 | 0.000% | $3.2M | $6.2M | 50x | |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5163 | +0.052% | $869K | $595K | 50x | as long as short |
| Bitget PENDLEUSDTlong | +0.0100% | 8h | 2.5150 | long leg | $3.8M | $2.5M | 75x | |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5171 | +0.083% | — | $33.8M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5129 | −0.085% | $25K | $381K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5130 | −0.080% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5117 | −0.131% | $2K | $1.8M | 20x | as long as short |
| Hyperliquid PENDLE | +0.0136% | 1h | 2.5180 | +0.119% | $12.9M | $6.4M | 5x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0256% | 1h | 2.5143 | −0.026% | $7K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0368% | 1h | 2.5189 | +0.155% | $353K | $483K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5150 | 0.000% | $146K | $471K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0866% | 1h | 2.5178 | +0.113% | $117K | $290K | 20x | as long as short |
Gate PENDLE_USDT
Aster PENDLEUSDT
dYdX PENDLE-USD
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
KuCoin PENDLEUSDTM
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
Hyperliquid PENDLE
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD