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

PENDLE

all PENDLE markets
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Funding spread now, next payment 00:00 UTC+0.0209%/8h
next payment, per $10,000+$2.09paid, last 24h+0.037%paid, last 3 days+0.078%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PENDLEUSDT2.5810−0.0109get 0.0109% / 8h7h 53m$16.1M$11.6M50x
ShortParadex PENDLE-USD-PERP2.58360.0100get 0.0100% / 8h7h 53m$36K$30K10x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$43.95
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Paradex: 2 bp × 2 orders
−$4
Net
$28.95
Break-even
2.4 days
Slippage unknown: Bybit: live order book, 1 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.099%
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 Bybit live order book, 1 min ago3.87 bp16.6 bp −$1781.2 bp −$812doesn'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
Gate PENDLE_USDT−0.0590%8h$820K$1.1M75xas long as short
Variational Omni PENDLE−0.0277%8h$813K$2.2Mas long as short
Bybit PENDLEUSDTlong−0.0109%8h$16.1M$11.6M50x
Polymarket Perps PENDLE-USD−0.0077%1h$17K$51K5xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$10K10xas long as short
Reya PENDLERUSDPERP+0.0009%1h$4K15xas long as short
Aster PENDLEUSDT+0.0011%8h$51K$128K10xas long as short
Orderly PERP_PENDLE_USDC+0.0055%8h$20K$5K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0077%8h$1.5M$857K75xas long as short
Lighter PENDLE+0.0096%1h$562K$349K5xas long as short
Paradex PENDLE-USD-PERPshort+0.0100%8h$36K$30K10x
Hyperliquid PENDLE+0.0100%1h$12.2M$5.2M5xas long as short
Binance PENDLEUSDT+0.0100%8h$28.8M$33.4M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$4.9M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$16.7M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$957K$520K50xas 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
edgeX PENDLEUSDC+0.0100%4h$26K$415K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$79K$236K50xas 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
Backpack PENDLE_USDC_PERP+0.0153%1h$369K$451K15xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0432%1h$119K$425K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1745%1h$165K$229K20xas long as short