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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC+0.0100%/8h
paid, last 24h+0.027%paid, last 5 days+0.137%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PENDLE-USD2.63380get 0.0000% / 1h45m 37s$11K5x
ShortMEXC PENDLE_USDT2.63290.0100get 0.0100% / 8h1h 45m$16.8M$2.0M125x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

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

Price risk

price view
Price gap now
−0.035%
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 dYdX no order-book sample
Sell MEXC live order book, 4 min ago1.14 bp7.3 bp −$731.9 bp −$31973.4 bp −$7,338doesn't fit
dYdX: 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−0.3627%1h$4K$51K5.5xas long as short
ApeX Omni PENDLEUSDT−0.0375%1h$80K$234K50xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0319%1h$31K$10K10xas long as short
Variational Omni PENDLE−0.0206%8h$864K$2.1Mas long as short
Bybit PENDLEUSDT−0.0187%8h$16.4M$11.2M50xas long as short
Gate PENDLE_USDT−0.0018%8h$831K$1.0M75xas long as short
dYdX PENDLE-USDlong0.0000%1h$11K5x
Reya PENDLERUSDPERP0.0000%1h$4K15xas long as short
Orderly PERP_PENDLE_USDC+0.0046%8h$21K$4K10xas long as short
Aster PENDLEUSDT+0.0083%8h$50K$119K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0083%8h$1.5M$825K75xas long as short
Lighter PENDLE+0.0096%1h$581K$329K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$31K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.5M$4.9M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.5M$31.3M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$4.7M50xas long as short
MEXC PENDLE_USDTshort+0.0100%8h$16.8M$2.0M125x
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$461K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.1Mas long as short
edgeX PENDLEUSDC+0.0100%4h$26K$416K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$19K$71K5xas long as short
SunX PENDLE-USDT+0.0100%8h$1K$1.4M20xas long as short
Extended PENDLE-USD+0.0104%1h$174K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$5K100xas long as short
Backpack PENDLE_USDC_PERP+0.0357%1h$373K$447K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0368%1h$68K$333K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1460%1h$170K$217K20xas long as short