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

PENDLE

all PENDLE markets
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Funding spread now, next payment 00:00 UTC−0.0020%/8h
next payment, per $10,000$0.20paid, last 24h+0.004%paid, last 3 days−0.037%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PENDLE-USDT2.58020.0120pay 0.0120% / 8h7h 46m$1.5M$855K75x
ShortParadex PENDLE-USD-PERP2.58090.0100get 0.0100% / 8h7h 46m$36K$30K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$4.3
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$20.3
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.027%
Avg gap 7d
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 BloFin live order book, 3 min ago1.36 bp10.8 bp −$1123.4 bp −$234doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.1875%1h$2K$6K5.5xas long as short
Variational Omni PENDLE−0.0278%8h$668K$2.4Mas long as short
Bybit PENDLEUSDT−0.0123%8h$16.1M$12.0M50xas long as short
ApeX Omni PENDLEUSDT−0.0104%1h$78K$236K50xas long as short
Gate PENDLE_USDT−0.0012%8h$817K$1.1M75xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Reya PENDLERUSDPERP+0.0010%1h$4K15xas long as short
Aster PENDLEUSDT+0.0011%8h$52K$129K10xas long as short
Polymarket Perps PENDLE-USD+0.0042%1h$16K$49K5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Orderly PERP_PENDLE_USDC+0.0055%8h$20K$5K10xas long as short
Lighter PENDLE+0.0096%1h$563K$349K5xas long as short
Paradex PENDLE-USD-PERPshort+0.0100%8h$36K$30K10x
Hyperliquid PENDLE+0.0100%1h$12.2M$5.3M5xas long as short
Binance PENDLEUSDT+0.0100%8h$28.8M$33.7M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$5.0M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$16.7M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$961K$528K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.7M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.2Mas long as short
Backpack PENDLE_USDC_PERP+0.0100%1h$373K$454K15xas long as short
edgeX PENDLEUSDC+0.0100%4h$26K$417K10xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.5M20xas long as short
Extended PENDLE-USD+0.0104%1h$170K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$27K3xas long as short
BloFin PENDLE-USDTlong+0.0120%8h$1.5M$855K75x
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0432%1h$118K$427K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1741%1h$164K$232K20xas long as short