PENDLE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitPENDLEUSDT	1.7691	−0.0292	get 0.0292% / 8h	59m 04s	$10.2M	$5.4M	50x	Long Bybit
SHORT	TxFlowPENDLE-USDC	1.7686	+0.0100	get 0.0013% / 1h	59m 04s	$19K	$224K	25x	Short TxFlow5% off

Price gap−0.028%

Funding gap+0.0392% /8h

Both sides work: funding pays +$12 a day on $10k, and the gap is 0.078% above its 7d average: +$8 more if it goes back.

If you open now and hold

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

Funding+$9+0.0392% /8h now · paid +0.090% over the last 7D

Price+$8spread −0.028% now, avg −0.106% → +0.078% if it goes back

Costs−$700.701% of $10k · taker + slippage, in and out

Result−$53−0.53%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.090% in total, about +0.0043%/8h on average.

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−0.028%

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 31 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size18.1 / 17.3 bp
At $10k entering Bybit costs 18.1 bp, fee and slippage, 1.0× TxFlow’s.
Note: Margin at max leverage$200 + $400
Bybit 50x, TxFlow 25x. 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: +$11.76Long Bybit: 3 payments, +$8.76; short TxFlow: 24 payments, +$3.00.
OK: Entry gap works for you−0.028% vs −0.106%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$19K vs $10.2M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCBybit Yes · TxFlow No
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0043%/8h × 21 periods+$8.98

Price spread−0.028% → −0.106% (7d avg)+$7.76

Slippage, 4 orderslive order books−$50.12

Fee Bybit bp × 2 orders−$11.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$53.38

Costs to cover0.701%Break-even48.6 days

Slippage: Bybit: live order book, 3 min ago; TxFlow: live order book, 35 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit1.1318.1 bp−$1853.6 bp−$536doesn’t fitdoesn’t fit

SELL · SHORTTxFlow0.2817.3 bp−$1767.5 bp−$675doesn’t fitdoesn’t fit

Closing costs about the same again.

PENDLE news

posts that mention PENDLE, from every exchangeSearch all news →

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