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

PENDLE

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC−0.0328%/8h
next payment, per $10,000−$0.41paid, last 24h+0.100%paid, last 5 days−0.014%to open and closeno order book
Long on Coinbase InternationalShort on Aevo
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.014% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PENDLE-PERP-INTX2.58800.0432pay 0.0054% / 1h24m 31s$114K$431K25x
ShortAevo PENDLE-PERP2.58000.0104get 0.0013% / 1h24m 31s$27K—3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$68.88
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$94.88
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 20 min ago; Aevo: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.309%
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 Coinbase International live order book, 20 min ago17.27 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample—————
Aevo: 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−0.0271%8h$671K$2.3M—as long as short
Bybit PENDLEUSDT−0.0168%8h$16.1M$12.0M50xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Aster PENDLEUSDT+0.0007%8h$51K$128K10xas long as short
Reya PENDLERUSDPERP+0.0012%1h$4K—15xas long as short
Orderly PERP_PENDLE_USDC+0.0054%8h$20K$4K10xas long as short
ApeX Omni PENDLEUSDT+0.0073%1h$78K$237K50xas long as short
Lighter PENDLE+0.0096%1h$563K$352K5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance PENDLEUSDT+0.0099%8h$28.6M$33.9M75xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.2M5xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.2M50xas long as short
Gate PENDLE_USDT+0.0100%8h$820K$1.1M75xas long as short
MEXC PENDLE_USDT+0.0100%8h$16.8M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$951K$533K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.8M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.3M—as long as short
edgeX PENDLEUSDC+0.0100%4h$26K$415K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$16K$42K5xas 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-PERPshort+0.0104%1h$27K—3x
BloFin PENDLE-USDT+0.0111%8h$1.4M$853K75xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K—100xas long as short
Backpack PENDLE_USDC_PERP+0.0286%1h$372K$451K15xas long as short
Coinbase International PENDLE-PERP-INTXlong+0.0432%1h$114K$431K25x
Kraken Futures PF_PENDLEUSD+0.1746%1h$163K$233K20xas long as short