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 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: KuCoin against Polymarket Perps−0.008%7-day average · 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+0.154%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PENDLE-USD2.51650.0100pay 0.0013% / 1h50m 09s$16K$20K5x
ShortKuCoin PENDLEUSDTM2.51630.0100get 0.0100% / 8h6h 50m$855K$593K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. 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: −0.008% → 0.000%
−$0.79
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$20.79
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; KuCoin: live order book, 64 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 Polymarket Perps no order-book sample
Sell KuCoin live order book, 64 min ago8.94 bp68.0 bp −$68doesn't fitdoesn't fitdoesn't fit
Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.4742%1h2.4750−1.649%$2K$54K5.5xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0823%1h2.5144−0.083%$26K$14K10xas long as short
ApeX Omni PENDLEUSDT−0.0640%1h2.5131−0.135%$77K$237K50xas long as short
Bybit PENDLEUSDT−0.0163%8h2.5129−0.143%$15.4M$12.1M50xas long as short
GRVT PENDLE_USDT_Perp−0.0129%8h2.5154−0.044%$420K$1.7M10xas long as short
Extended PENDLE-USD−0.0112%1h2.5113−0.207%$163K$565K10xas long as short
BloFin PENDLE-USDT−0.0112%8h2.5148−0.068%$1.3M$655K75xas long as short
Binance PENDLEUSDT−0.0111%8h2.5136−0.114%$27.1M$43.2M75xas long as short
MEXC PENDLE_USDT−0.0111%8h2.5134−0.123%$17.4M$1.8M125xas long as short
Gate PENDLE_USDT−0.0041%8h2.5150−0.060%$785K$1.2M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PENDLE−0.0040%8h2.5116−0.194%$599K$1.8Mas long as short
Orderly PERP_PENDLE_USDC−0.0031%8h2.5140−0.099%$20K$16K10xas long as short
dYdX PENDLE-USD0.0000%1h2.5141−0.095%$11K5xas long as short
Aster PENDLEUSDT+0.0011%8h2.5158−0.026%$50K$180K10xas long as short
Reya PENDLERUSDPERP+0.0053%1h2.5134−0.123%$4K15xas long as short
Aevo PENDLE-PERP+0.0056%1h2.5141−0.097%$26K3xas long as short
Lighter PENDLE+0.0096%1h2.5141−0.095%$535K$414K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h2.5151−0.056%$35K$16K10xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.5130−0.139%$3.2M$6.2M50xas long as short
KuCoin PENDLEUSDTMshort+0.0100%8h2.5163−0.008%$855K$593K50x
Bitget PENDLEUSDT+0.0100%8h2.5120−0.179%$3.8M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h2.5126−0.155%$33.8Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.5102−0.250%$25K$380K10xas long as short
Polymarket Perps PENDLE-USDlong+0.0100%1h2.5165long leg$16K$20K5x
SunX PENDLE-USDT+0.0100%8h2.5139−0.103%$1K$1.8M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0158% / S −0.0256%1h2.5161−0.014%$7K100xas long as short
Hyperliquid PENDLE+0.0304%1h2.5199+0.135%$13.0M$6.4M5xas long as short
Backpack PENDLE_USDC_PERP+0.0319%1h2.5194+0.115%$353K$485K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0632%1h2.5150−0.060%$145K$468K25xas long as short
Kraken Futures PF_PENDLEUSD+0.0865%1h2.5196+0.125%$117K$291K20xas long as short