Funding arb · Price arb / Crypto
PENDLE
All PENDLE markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.6440 | spot | no funding | — | — | $788K | 1x | Buy OKX Spot | |
| SHORT | 1.6430 | +0.0100 | get 0.0050% / 4h | 3h 48m | $2.9M | $3.0M | 50x | Short OKX |
Price gap−0.061%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.026% under its 7d average: −$3 if it goes back, about 21 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0100% /8h now · paid +0.185% over the last 7D
Price−$3spread −0.061% now, avg −0.035% → −0.026% if it goes back
Costs−$870.871% of $10k · taker + slippage, in and out
Result−$71−0.71%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.061%
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
/8hPENDLE on 30 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size28.3 / 16.2 bpAt $10k entering OKX Spot costs 28.3 bp, fee and slippage, 1.8× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; OKX runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.061% vs −0.035%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$2.9M OIOnly OKX reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Spot Yes · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0088%/8h × 21 periods+$18.52
Price spread−0.061% → −0.035% (7d avg)−$2.60
Slippage, 4 orderslive order books−$57.09
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$71.17
Costs to cover0.871%Break-even33.9 days
Slippage: OKX Spot: live order book, 12 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot6.1528.3 bp−$28116.6 bp−$1,166doesn’t fitdoesn’t fit
SELL · SHORTOKX3.0516.2 bp−$1679.1 bp−$791doesn’t fitdoesn’t fit
Closing costs about the same again.
PENDLE news
posts that mention PENDLE, from every exchange| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 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 |

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