data as of
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PENDLE

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Funding spread now, next payment 19:00 UTC+0.0064%/8h
next payment, per $10,000+$0.08paid, last 24h+0.050%paid, last 5 days+0.240%to open and closeno order book
Long on DeribitShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit PENDLE_USDC-PERPETUAL2.55340get 0.0000% / 1h35m 19s$30K$11K10x
ShortExtended PENDLE-USD2.55130.0064get 0.0008% / 1h35m 19s$168K$519K10x

Funding history

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Funding on every exchange

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latest

Profit calculator

Funding earned
$13.44
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$1.44
Break-even
6.3 days
Slippage unknown: Deribit: no order-book sample; Extended: live order book, 64 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.084%
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 Deribit no order-book sample—————
Sell Extended live order book, 64 min ago0.98 bp14.4 bp −$14130.0 bp −$1,300doesn't fitdoesn't fit
Deribit: 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−0.4421%1h$2K$7K5.5xas long as short
Variational Omni PENDLE−0.0124%8h$658K$2.2M—as long as short
Aster PENDLEUSDT−0.0015%8h$52K$139K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUALlong0.0000%1h$30K$11K10x
Reya PENDLERUSDPERP+0.0020%1h$4K—15xas long as short
BloFin PENDLE-USDT+0.0034%8h$1.4M$822K75xas long as short
Orderly PERP_PENDLE_USDC+0.0043%8h$20K$4K10xas long as short
Binance PENDLEUSDT+0.0062%8h$28.0M$36.0M75xas long as short
MEXC PENDLE_USDT+0.0063%8h$17.1M$2.1M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended PENDLE-USDshort+0.0064%1h$168K$519K10x
Lighter PENDLE+0.0096%1h$558K$358K5xas long as short
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$15.9M$11.9M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.3M50xas long as short
Gate PENDLE_USDT+0.0100%8h$821K$1.0M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$936K$604K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.3M—as long as short
edgeX PENDLEUSDC+0.0100%4h$25K$415K10xas 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$465K25xas long as short
Backpack PENDLE_USDC_PERP+0.0636%1h$376K$460K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1430%1h$159K$253K20xas long as short