Settings8H · net · $10k
Funding arb · Price arb /

PENDLE

all PENDLE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.020%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days−0.022%−$2 · spread now −0.020%, 7d avg −0.051%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.032% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PENDLEUSDTM2.51900.0100pay 0.0100% / 8h2h 52m$908K$607K50x
ShortBitget PENDLEUSDT2.51850.0100get 0.0100% / 8h2h 52m$3.8M$2.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.020% → −0.051%
$3.16
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.84
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 31 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 31 min ago5.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.37 bp22.7 bp −$2344.9 bp −$449doesn't fitdoesn't fit

PENDLE on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4806%1h2.4860−1.310%$2K$7K5.5xas long as short
Kraken Futures PF_PENDLEUSD−0.0429%1h2.5207+0.067%$159K$259K20xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0067%1h2.5209+0.075%$30K$10K10xas long as short
dYdX PENDLE-USD0.0000%1h2.5190−0.001%$11K5xas long as short
Variational Omni PENDLE+0.0010%8h2.5125−0.259%$607K$2.3Mas long as short
Reya PENDLERUSDPERP+0.0033%1h2.5206+0.062%$4K15xas long as short
Orderly PERP_PENDLE_USDC+0.0035%8h2.5203+0.052%$23K$8K10xas long as short
Binance PENDLEUSDT+0.0037%8h2.5153−0.147%$27.5M$38.9M75xas long as short
MEXC PENDLE_USDT+0.0037%8h2.5166−0.095%$16.9M$2.2M125xas long as short
Extended PENDLE-USD+0.0040%1h2.5158−0.128%$165K$524K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PENDLE-USDT+0.0041%8h2.5191+0.004%$1.3M$799K75xas long as short
Aster PENDLEUSDT+0.0078%8h2.5187−0.013%$41K$177K10xas long as short
Aevo PENDLE-PERP+0.0088%1h2.5200+0.041%$26K3xas long as short
Lighter PENDLE+0.0096%1h2.5172−0.071%$551K$376K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h2.5165−0.098%$35K$22K10xas long as short
Hyperliquid PENDLE+0.0100%1h2.5200+0.040%$12.4M$5.5M5xas long as short
Bybit PENDLEUSDT+0.0100%8h2.5140−0.198%$15.6M$12.2M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.5160−0.119%$3.3M$5.6M50xas long as short
Gate PENDLE_USDT+0.0100%8h2.5170−0.079%$847K$1.1M75xas long as short
KuCoin PENDLEUSDTMlong+0.0100%8h2.5190long leg$908K$607K50x
Bitget PENDLEUSDTshort+0.0100%8h2.5185−0.020%$3.8M$2.6M75x
BingX PENDLE-USDT+0.0100%8h2.5170−0.079%$36.3Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.5194+0.016%$25K$411K10xas long as short
GRVT PENDLE_USDT_Perp+0.0100%8h2.5218+0.111%$416K$1.6M10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h2.5100−0.357%$77K$239K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h2.5213+0.091%$16K$19K5xas long as short
SunX PENDLE-USDT+0.0100%8h2.5213+0.091%$2K$1.7M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0277%1h2.5207+0.069%$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0560%1h2.5270+0.318%$118K$440K25xas long as short
Backpack PENDLE_USDC_PERP+0.0802%1h2.5253+0.250%$366K$466K15xas long as short