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

PENDLE

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Funding spread now, next payment 19:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.010%to open and close $10k−$46
Long on BingXShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PENDLE-USDT2.56180.0100pay 0.0100% / 8h5h 42m—$34.2M—
ShortLighter PENDLE2.56230.0096get 0.0012% / 1h42m 09s$560K$358K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$36.1
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$46.94
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Lighter: live order book, 54 min ago.

Price risk

price view
Price gap now
+0.020%
Avg gap 7d
+0.045%
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 BingX live order book, 3 min ago2.53 bp11.4 bp −$1125.4 bp −$254224.9 bp −$22.5K410.0 bp −$205.0K
Sell Lighter live order book, 54 min ago9.77 bp10.7 bp −$11101.3 bp −$1,013doesn't fitdoesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4421%1h$2K$7K5.5xas long as short
Variational Omni PENDLE−0.0129%8h$660K$2.2M—as long as short
Aster PENDLEUSDT−0.0004%8h$52K$139K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Reya PENDLERUSDPERP+0.0020%1h$4K—15xas long as short
Orderly PERP_PENDLE_USDC+0.0044%8h$20K$4K10xas long as short
BloFin PENDLE-USDT+0.0048%8h$1.4M$825K75xas long as short
Extended PENDLE-USD+0.0072%1h$169K$519K10xas long as short
MEXC PENDLE_USDT+0.0073%8h$17.1M$2.1M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance PENDLEUSDT+0.0073%8h$28.1M$36.0M75xas long as short
Lighter PENDLEshort+0.0096%1h$560K$358K5x
Aevo PENDLE-PERP+0.0096%1h$27K—3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$28K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.4M5xas long as short
Bybit PENDLEUSDT+0.0100%8h$16.0M$12.0M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.4M$5.4M50xas long as short
Gate PENDLE_USDT+0.0100%8h$824K$1.0M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$943K$603K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.7M75xas long as short
BingX PENDLE-USDTlong+0.0100%8h—$34.2M—
edgeX PENDLEUSDC+0.0100%4h$25K$417K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$78K$237K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$16K$30K5xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.6M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K—100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0624%1h$117K$466K25xas long as short
Backpack PENDLE_USDC_PERP+0.0733%1h$377K$461K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1425%1h$159K$257K20xas long as short