Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against BingX+0.045%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.045%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.047% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENDLE-USDT | 2.4629 | 0.0100 | pay 0.0100% / 8h | 4h 21m | — | $8.5M | — |
| Short | OKX PENDLE-USDT-SWAP | 2.4640 | 0.0100 | get 0.0050% / 4h | 21m 44s | $3.1M | $6.1M | 50x |
BingX PENDLE-USDT
OKX PENDLE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.045% → −0.003%
- $4.75
- Slippage, 4 orders
- −$37.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.97
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; OKX: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 1 min ago | 4.26 bp | 13.2 bp −$13 | 26.0 bp −$260 | 234.9 bp −$23.5K | 469.6 bp −$234.8K |
| Sell OKX live order book, 1 min ago | 2.03 bp | 15.9 bp −$16 | 60.3 bp −$603 | doesn't fit | doesn't fit |
PENDLE on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.4334% | 1h | 2.4340 | −1.173% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0156% | 1h | 2.4638 | +0.037% | $25K | $14K | 10x | as long as short |
| Gate PENDLE_USDT | −0.0069% | 8h | 2.4620 | −0.037% | $718K | $1.1M | 75x | as long as short |
| BloFin PENDLE-USDT | −0.0062% | 8h | 2.4628 | −0.004% | $1.1M | $604K | 75x | as long as short |
| Extended PENDLE-USD | −0.0056% | 1h | 2.4618 | −0.046% | $159K | $574K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0055% | 8h | 2.4630 | +0.003% | $26.1M | $43.6M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0053% | 8h | 2.4632 | +0.012% | $17.3M | $2.0M | 125x | as long as short |
| Aster PENDLEUSDT | −0.0041% | 8h | 2.4661 | +0.132% | $47K | $179K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0037% | 8h | 2.4632 | +0.012% | $19K | $15K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4645 | +0.064% | $10K | — | 5x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Gate PENDLE_USDT
BloFin PENDLE-USDT
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
Aster PENDLEUSDT
Orderly PERP_PENDLE_USDC
dYdX PENDLE-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | +0.0048% | 8h | 2.4650 | +0.087% | $553K | $1.5M | — | as long as short |
| Aevo PENDLE-PERP | +0.0064% | 1h | 2.4627 | −0.008% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0065% | 1h | 2.4637 | +0.034% | $3K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4636 | +0.028% | $516K | $424K | 5x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0096% | 8h | 2.4681 | +0.210% | $408K | $1.9M | 10x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4621 | −0.034% | $34K | $13K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4630 | +0.004% | $14.6M | $12.0M | 50x | as long as short |
| OKX PENDLE-USDT-SWAPshort | +0.0100% | 4h | 2.4640 | +0.045% | $3.1M | $6.1M | 50x | |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4634 | +0.020% | $866K | $576K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4624 | −0.020% | $3.7M | $2.3M | 75x | as long as short |
| BingX PENDLE-USDTlong | +0.0100% | 8h | 2.4629 | long leg | — | $8.5M | — | |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4644 | +0.059% | $24K | $376K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.4642 | +0.053% | $75K | $235K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4655 | +0.106% | $16K | $8K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4660 | +0.126% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0196% / S −0.0222% | 1h | 2.4644 | +0.062% | $5K | — | 100x | as long as short |
| Hyperliquid PENDLE | +0.0364% | 1h | 2.4671 | +0.171% | $12.7M | $6.0M | 5x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0608% | 1h | 2.4820 | +0.776% | $148K | $497K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0719% | 1h | 2.4671 | +0.171% | $357K | $467K | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1179% | 1h | 2.4674 | +0.184% | $115K | $269K | 20x | as long as short |
Variational Omni PENDLE
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Lighter PENDLE
GRVT PENDLE_USDT_Perp
Paradex PENDLE-USD-PERP
Bybit PENDLEUSDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
edgeX PENDLEUSDC
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Hyperliquid PENDLE
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP
Kraken Futures PF_PENDLEUSD