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 UTC−0.0054%/8h= −6.0% APRnext payment $0.54 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against SunX−0.020%7-day average −0.011% · 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−0.069%−$7 on $10k
Price spread, last 3 days (all we have)+0.176%+$18 · spread now −0.020%, 7d avg −0.011%
Together, before fees+0.107%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PENDLE-USDT2.52140.0100pay 0.0100% / 8h2h 16m$1K$1.7M20x
ShortBinance PENDLEUSDT2.52090.0046get 0.0046% / 8h2h 16m$27.4M$39.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
−$11.43
Price spread: −0.020% → −0.011%
−$0.9
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$30.33
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Binance: live order book, 10 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 SunX live order book, 8 min ago500.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.79 bp13.0 bp −$1331.1 bp −$311158.0 bp −$15.8Kdoesn'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%1h2.5200−0.056%$2K$53K5.5xas long as short
Kraken Futures PF_PENDLEUSD−0.0428%1h2.5270+0.223%$150K$279K20xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0345%1h2.5208−0.024%$30K$10K10xas long as short
dYdX PENDLE-USD0.0000%1h2.5229+0.061%$11K5xas long as short
BloFin PENDLE-USDT+0.0020%8h2.5190−0.095%$1.3M$741K75xas long as short
Orderly PERP_PENDLE_USDC+0.0034%8h2.5208−0.024%$25K$11K10xas long as short
Reya PENDLERUSDPERP+0.0036%1h2.5206−0.032%$4K15xas long as short
Binance PENDLEUSDTshort+0.0046%8h2.5209−0.020%$27.4M$39.3M75x
Extended PENDLE-USD+0.0048%1h2.5199−0.059%$166K$524K10xas long as short
MEXC PENDLE_USDT+0.0048%8h2.5206−0.032%$17.0M$2.3M125xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PENDLE+0.0053%8h2.5229+0.058%$621K$2.3Mas long as short
Lighter PENDLE+0.0096%1h2.5200−0.056%$547K$396K5xas long as short
Aevo PENDLE-PERP+0.0096%1h2.5198−0.063%$26K3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h2.5193−0.084%$35K$22K10xas long as short
Hyperliquid PENDLE+0.0100%1h2.5217+0.012%$12.3M$5.6M5xas long as short
Aster PENDLEUSDT+0.0100%8h2.5177−0.145%$41K$177K10xas long as short
Bybit PENDLEUSDT+0.0100%8h2.5180−0.135%$15.6M$11.9M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.5210−0.016%$3.2M$5.7M50xas long as short
Gate PENDLE_USDT+0.0100%8h2.5170−0.175%$840K$1.1M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h2.5202−0.048%$916K$610K50xas long as short
Bitget PENDLEUSDT+0.0100%8h2.5206−0.032%$3.7M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h2.5197−0.067%$36.3Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.5210−0.014%$25K$412K10xas long as short
GRVT PENDLE_USDT_Perp+0.0100%8h2.5216+0.008%$425K$1.6M10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h2.5236+0.087%$77K$240K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h2.5216+0.008%$16K$19K5xas long as short
SunX PENDLE-USDTlong+0.0100%8h2.5214long leg$1K$1.7M20x
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0277%1h2.5218+0.014%$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0560%1h2.5360+0.579%$117K$422K25xas long as short
Backpack PENDLE_USDC_PERP+0.0845%1h2.5239+0.099%$365K$460K15xas long as short