Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Gate against edgeX−0.002%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 3 days (all we have)−0.473%−$47 · spread now −0.002%, 7d avg −0.019%
=Together, before fees−0.530%+ Points / potential airdropedgeX: Active · farm board−$53 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5210 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $25K | $412K | 10x |
| Short | Gate PENDLE_USDT | 2.5210 | 0.0100 | get 0.0100% / 8h | 2h 17m | $841K | $1.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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: −0.002% → −0.019%
- $1.76
- Slippage, 4 orders
- −$38.12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.35
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 6 min ago; Gate: live order book, 4 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 edgeX live order book, 6 min ago | 1.19 bp | 6.4 bp −$6 | 66.0 bp −$660 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.96 bp | 27.4 bp −$27 | 221.5 bp −$2,215 | doesn't fit | doesn't fit |
PENDLE on 30 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 | −0.4806% | 1h | 2.5210 | −0.002% | $49K | $30K | 5.5x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0428% | 1h | 2.5279 | +0.273% | $150K | $279K | 20x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0344% | 1h | 2.5220 | +0.038% | $30K | $10K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5229 | +0.076% | $11K | — | 5x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0034% | 8h | 2.5218 | +0.030% | $25K | $11K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0036% | 1h | 2.5219 | +0.035% | $4K | — | 15x | as long as short |
| Binance PENDLEUSDT | +0.0046% | 8h | 2.5193 | −0.069% | $27.4M | $39.3M | 75x | as long as short |
| Extended PENDLE-USD | +0.0048% | 1h | 2.5191 | −0.076% | $166K | $524K | 10x | as long as short |
| MEXC PENDLE_USDT | +0.0048% | 8h | 2.5193 | −0.069% | $17.0M | $2.3M | 125x | as long as short |
| Variational Omni PENDLE | +0.0053% | 8h | 2.5229 | +0.072% | $621K | $2.3M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PENDLE-USDT | +0.0069% | 8h | 2.5221 | +0.042% | $1.3M | $747K | 75x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5200 | −0.041% | $547K | $396K | 5x | as long as short |
| Aevo PENDLE-PERP | +0.0096% | 1h | 2.5216 | +0.022% | $26K | — | 3x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5193 | −0.070% | $35K | $22K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5237 | +0.105% | $12.4M | $5.6M | 5x | as long as short |
| Aster PENDLEUSDT | +0.0100% | 8h | 2.5195 | −0.060% | $41K | $177K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.5174 | −0.145% | $15.6M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5200 | −0.041% | $3.2M | $5.7M | 50x | as long as short |
| Gate PENDLE_USDTshort | +0.0100% | 8h | 2.5210 | −0.002% | $841K | $1.1M | 75x | |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5216 | +0.022% | $917K | $611K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5219 | +0.034% | $3.7M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5201 | −0.037% | — | $36.3M | — | as long as short |
| edgeX PENDLEUSDClong | +0.0100% | 4h | 2.5210 | long leg | $25K | $412K | 10x | |
| GRVT PENDLE_USDT_Perp | +0.0100% | 8h | 2.5216 | +0.022% | $425K | $1.6M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.5236 | +0.101% | $77K | $240K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5235 | +0.097% | $16K | $19K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5226 | +0.062% | $1K | $1.7M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0200% / S −0.0277% | 1h | 2.5229 | +0.073% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0560% | 1h | 2.5360 | +0.593% | $117K | $428K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0845% | 1h | 2.5263 | +0.209% | $365K | $464K | 15x | as long as short |
edgeX PENDLEUSDC
Gate PENDLE_USDT
Injective PENDLE/USDC PERP
Kraken Futures PF_PENDLEUSD
Deribit PENDLE_USDC-PERPETUAL
Binance PENDLEUSDT
Extended PENDLE-USD
MEXC PENDLE_USDT
Variational Omni PENDLE
BloFin PENDLE-USDT
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Aster PENDLEUSDT
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP