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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC0.0000%/8h
paid, last 24h−0.100%paid, last 7 days−0.609%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PENDLE_USDC_PERP2.67930.0100pay 0.0013% / 1h37m 15s$347K$426K15x
ShortKuCoin PENDLEUSDTM2.67920.0100get 0.0100% / 8h2h 37m$1.1M$451K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 23 min ago; KuCoin: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.004%
Avg gap 7d
−0.124%
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, 23 min ago1.83 bp9.9 bp −$1039.7 bp −$397doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago7.82 bp69.7 bp −$70doesn't fitdoesn't fitdoesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.0760%1h$4K$51K5.5xas long as short
Variational Omni PENDLE−0.0092%8h$908K$2.1Mas long as short
ApeX Omni PENDLEUSDT−0.0075%1h$81K$237K50xas long as short
Bybit PENDLEUSDT−0.0061%8h$16.7M$10.4M50xas long as short
Reya PENDLERUSDPERP−0.0004%1h$4K15xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$29K$8K10xas long as short
Gate PENDLE_USDT+0.0039%8h$839K$987K75xas long as short
Orderly PERP_PENDLE_USDC+0.0043%8h$22K$4K10xas long as short
Aster PENDLEUSDT+0.0091%8h$51K$116K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter PENDLE+0.0096%1h$564K$254K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$32K10xas long as short
Binance PENDLEUSDT+0.0100%8h$29.9M$29.4M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.5M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.3M$1.8M125xas long as short
KuCoin PENDLEUSDTMshort+0.0100%8h$1.1M$451K50x
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.0Mas long as short
Backpack PENDLE_USDC_PERPlong+0.0100%1h$347K$426K15x
edgeX PENDLEUSDC+0.0100%4h$27K$412K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$19K$86K5xas long as short
SunX PENDLE-USDT+0.0100%8h$1K$1.3M20xas long as short
Extended PENDLE-USD+0.0104%1h$179K$516K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
BloFin PENDLE-USDT+0.0106%8h$1.5M$823K75xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$6K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0200%1h$71K$316K25xas long as short
Hyperliquid PENDLE+0.0342%1h$12.8M$4.6M5xas long as short
Kraken Futures PF_PENDLEUSD+0.0942%1h$151K$187K20xas long as short