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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0590%/8h
paid, last 24h−0.128%paid, last 3 days−0.803%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PENDLE_USDC_PERP2.67780.0408pay 0.0051% / 1h0m 16s$378K$445K15x
ShortVariational Omni PENDLE2.6783−0.0182pay 0.0182% / 8h2h 00m$892K$2.1M

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$123.86
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$133.86
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 60 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Price risk

price view
Price gap now
+0.017%
Avg gap 7d
−0.144%
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, 60 min ago1.83 bp9.9 bp −$1039.7 bp −$397doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now6.46 bpdoesn't fit44.8 bp −$448doesn'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 PENDLEshort−0.0182%8h$892K$2.1M
Deribit PENDLE_USDC-PERPETUAL−0.0161%1h$31K$10K10xas long as short
Bybit PENDLEUSDT−0.0160%8h$16.7M$11.0M50xas long as short
Gate PENDLE_USDT−0.0002%8h$840K$1.0M75xas 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
BloFin PENDLE-USDT+0.0076%8h$1.5M$830K75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter PENDLE+0.0096%1h$590K$325K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$32K10xas long as short
Aster PENDLEUSDT+0.0100%8h$51K$116K10xas long as short
Binance PENDLEUSDT+0.0100%8h$30.1M$30.2M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.6M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.5M$1.9M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$453K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.1Mas long as short
edgeX PENDLEUSDC+0.0100%4h$27K$415K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$19K$73K5xas long as short
SunX PENDLE-USDT+0.0100%8h$1K$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+0.0200%1h$70K$334K25xas long as short
Hyperliquid PENDLE+0.0287%1h$12.8M$4.8M5xas long as short
Backpack PENDLE_USDC_PERPlong+0.0408%1h$378K$445K15x
Kraken Futures PF_PENDLEUSD+0.0944%1h$161K$203K20xas long as short