Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against OKX+0.004%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.004%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.4010 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $3.0M | $6.7M | 50x |
| Short | BingX PENDLE-USDT | 2.4011 | 0.0100 | get 0.0100% / 8h | 5h 31m | — | $8.3M | — |
OKX PENDLE-USDT-SWAP
BingX PENDLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.004% → +0.002%
- $0.17
- Slippage, 4 orders
- −$36.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$56.22
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 14 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 OKX live order book, 4 min ago | 2.08 bp | 15.3 bp −$15 | 97.7 bp −$977 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 3.50 bp | 12.7 bp −$13 | 23.8 bp −$238 | 152.0 bp −$15.2K | 385.6 bp −$192.8K |
PENDLE on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PENDLE_USDC-PERPETUAL | −0.0416% | 1h | 2.3994 | −0.067% | $24K | $10K | 10x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0401% | 1h | 2.4023 | +0.056% | $123K | $255K | 20x | as long as short |
| BloFin PENDLE-USDT | −0.0116% | 8h | 2.4005 | −0.021% | $1.1M | $520K | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0098% | 8h | 2.3990 | −0.083% | $18.2M | $2.1M | 125x | as long as short |
| Binance PENDLEUSDT | −0.0098% | 8h | 2.3994 | −0.067% | $24.8M | $46.7M | 75x | as long as short |
| Extended PENDLE-USD | −0.0096% | 1h | 2.4008 | −0.009% | $156K | $944K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0034% | 8h | 2.4129 | +0.495% | $404K | $3.1M | 10x | as long as short |
| Aster PENDLEUSDT | −0.0023% | 8h | 2.3997 | −0.055% | $50K | $163K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4039 | +0.122% | $10K | — | 5x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0012% | 8h | 2.3986 | −0.100% | $18K | $15K | 10x | as long as short |
Deribit PENDLE_USDC-PERPETUAL
Kraken Futures PF_PENDLEUSD
BloFin PENDLE-USDT
MEXC PENDLE_USDT
Binance PENDLEUSDT
Extended PENDLE-USD
GRVT PENDLE_USDT_Perp
Aster PENDLEUSDT
dYdX PENDLE-USD
Orderly PERP_PENDLE_USDCShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni PENDLEUSDT | +0.0043% | 1h | 2.4089 | +0.329% | $73K | $230K | 50x | as long as short |
| Aevo PENDLE-PERP | +0.0056% | 1h | 2.3994 | −0.065% | $25K | — | 3x | as long as short |
| Variational Omni PENDLE | +0.0063% | 8h | 2.4044 | +0.141% | $566K | $908K | — | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4008 | −0.008% | $654K | $530K | 5x | as long as short |
| Reya PENDLERUSDPERP | +0.0098% | 1h | 2.4027 | +0.071% | $3K | — | 15x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.3978 | −0.132% | $34K | — | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.4039 | +0.120% | $12.8M | $5.9M | 5x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.3990 | −0.083% | $14.4M | $12.1M | 50x | as long as short |
| OKX PENDLE-USDT-SWAPlong | +0.0100% | 4h | 2.4010 | long leg | $3.0M | $6.7M | 50x | |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.4010 | 0.000% | $768K | $983K | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4030 | +0.083% | $624K | $506K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4004 | −0.025% | $3.8M | $2.5M | 75x | as long as short |
| BingX PENDLE-USDTshort | +0.0100% | 8h | 2.4011 | +0.004% | — | $8.3M | — | |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4155 | +0.602% | $23K | $365K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4015 | +0.021% | $16K | $4K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4020 | +0.042% | $2K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0184% / S −0.0205% | 1h | 2.4085 | +0.310% | $5K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0665% | 1h | 2.4059 | +0.204% | $357K | $384K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0680% | 1h | 2.4020 | +0.042% | $160K | $534K | 25x | as long as short |
| Injective PENDLE/USDC PERP | +0.3871% | 1h | 2.4660 | +2.707% | $2K | $55K | 5.5x | as long as short |
ApeX Omni PENDLEUSDT
Aevo PENDLE-PERP
Variational Omni PENDLE
Lighter PENDLE
Reya PENDLERUSDPERP
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Bybit PENDLEUSDT
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Injective PENDLE/USDC PERP