data as of
Settings8H · net · $10k
Funding arb /

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0302%/8h
paid, last 24h−0.100%paid, last 7 days−0.651%to open and close $10k−$39
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PENDLE_USDC_PERP2.67550.0402pay 0.0050% / 1h59m 13s$378K$445K15x
ShortBingX PENDLE-USDT2.67430.0100get 0.0100% / 8h1h 59m$34.1M

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$63.49
Slippage, 4 orders
−$18.58
Fee Backpack: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$102.07
Break-even
never at this rate
Slippage from Backpack: live order book, 61 min ago; BingX: live order book, 16 min ago.

Price risk

price view
Price gap now
−0.045%
Avg gap 7d
−0.137%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 61 min ago1.83 bp9.9 bp −$1039.7 bp −$397doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago2.25 bp9.5 bp −$1028.7 bp −$287201.7 bp −$20.2K445.5 bp −$222.8K

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.3627%1h$4K$51K5.5xas long as short
Variational Omni PENDLE−0.0182%8h$892K$2.1Mas long as short
Bybit PENDLEUSDT−0.0160%8h$16.7M$11.0M50xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0049%1h$32K$10K10xas long as short
Gate PENDLE_USDT−0.0001%8h$841K$996K75xas long as short
Reya PENDLERUSDPERP−0.0001%1h$4K15xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Orderly PERP_PENDLE_USDC+0.0046%8h$22K$4K10xas long as short
ApeX Omni PENDLEUSDT+0.0059%1h$81K$237K50xas long as short
Lighter PENDLE+0.0096%1h$591K$325K5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0097%8h$1.5M$831K75xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$32K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.8M$4.8M5xas long as short
Aster PENDLEUSDT+0.0100%8h$51K$116K10xas long as short
Binance PENDLEUSDT+0.0100%8h$30.2M$30.2M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.7M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.5M$1.9M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$455K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.5M75xas long as short
BingX PENDLE-USDTshort+0.0100%8h$34.1M
edgeX PENDLEUSDC+0.0100%4h$27K$416K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$19K$73K5xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.4M20xas long as short
Extended PENDLE-USD+0.0104%1h$177K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$6K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0368%1h$71K$335K25xas long as short
Backpack PENDLE_USDC_PERPlong+0.0402%1h$378K$445K15x
Kraken Futures PF_PENDLEUSD+0.1437%1h$162K$203K20xas long as short