PENDLE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ExtendedPENDLE-USD	1.9426	0	0.0000% / 1h	10m 11s	$83K	$581K	10x	Long Extended10% off
SHORT	PhemexPENDLEUSDT	1.9461	+0.0100	get 0.0100% / 8h	5h 10m	$1.1M	$761K	20x	Short Phemex

Price gap+0.180%

Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.180% above zero (no 7-day history yet): +$18 more if it goes back.

If you open now and hold

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

Funding+$15+0.0100% /8h now · paid +0.154% over the last 7D

Price—spread +0.180% now · no price history on both exchanges yet

Costs−$940.939% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropExtended: points · farm boardneeds both price histories

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+0.180%

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

1 ok · 4 to watch

Watch: Thin at this size13.3 / 30.0 bp
At $10k entering Phemex costs 30.0 bp, fee and slippage, 2.3× Extended’s.
Note: Margin at max leverage$1,000 + $500
Extended 10x, Phemex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$3.00Long Extended: 24 payments, $0.00; short Phemex: 3 payments, +$3.00.
Note: No 7-day spread history+0.180%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$83K vs $1.1M OI
Extended sets your exit cost. Check its book before closing.
OK: Points on a legExtended points
Volume here counts toward the points program.
Watch: KYCExtended No · Phemex Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0073%/8h × 21 periods+$15.38

Price spread+0.180% → 0+$18.05

Slippage, 4 orderslive order books−$76.90

Fee Extended bp × 2 orders−$5.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$60.48

Costs to cover0.939%Break-even34.5 days

Slippage: Extended: live order book, 8 min ago; Phemex: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGExtended1.0313.3 bp−$13121.2 bp−$1,212doesn’t fitdoesn’t fit

SELL · SHORTPhemex4.3730.0 bp−$30162.2 bp−$1,622doesn’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