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

PENDLE

all PENDLE markets
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Funding spread now, next payment 18:00 UTC+0.0100%/8h
paid, last 24h+0.054%paid, last 5 days+0.303%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit PENDLE_USDC-PERPETUAL2.56170get 0.0000% / 1h21m 01s$30K$11K10x
ShortSunX PENDLE-USDT2.56050.0100get 0.0100% / 8h6h 21m$2K$1.6M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 5 bp × 2 orders
−$10
Net
$4
Break-even
5.7 days
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 10 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.047%
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 SunX live order book, 10 min ago499.81 bpdoesn't fitdoesn't fitdoesn'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−0.4277%1h$2K$7K5.5xas long as short
Variational Omni PENDLE−0.0206%8h$662K$2.2Mas long as short
Aster PENDLEUSDT−0.0029%8h$52K$133K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUALlong0.0000%1h$30K$11K10x
Reya PENDLERUSDPERP+0.0017%1h$4K15xas long as short
BloFin PENDLE-USDT+0.0032%8h$1.4M$815K75xas long as short
Orderly PERP_PENDLE_USDC+0.0047%8h$20K$4K10xas long as short
MEXC PENDLE_USDT+0.0055%8h$17.0M$2.2M125xas long as short
Binance PENDLEUSDT+0.0056%8h$28.0M$35.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Extended PENDLE-USD+0.0056%1h$168K$518K10xas long as short
Gate PENDLE_USDT+0.0079%8h$821K$1.1M75xas long as short
Lighter PENDLE+0.0096%1h$560K$356K5xas long as short
Aevo PENDLE-PERP+0.0096%1h$27K3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$29K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.3M5xas long as short
Bybit PENDLEUSDT+0.0100%8h$16.0M$11.8M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.2M50xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$949K$566K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.8M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.2Mas 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-USDTshort+0.0100%8h$2K$1.6M20x
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0592%1h$116K$438K25xas long as short
Backpack PENDLE_USDC_PERP+0.0746%1h$377K$460K15xas long as short
Kraken Futures PF_PENDLEUSD+0.2115%1h$156K$269K20xas long as short