data as of
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Funding arb /

PENDLE

all PENDLE markets
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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−0.0104%/8h
next payment, per $10,000−$0.13paid, last 24h−0.056%paid, last 5 days−0.240%to open and closeno order book
Long on ExtendedShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PENDLE-USD2.61160.0104pay 0.0013% / 1h9m 31s$172K$520K10x
ShortDeribit PENDLE_USDC-PERPETUAL2.61010get 0.0000% / 1h9m 31s$31K$10K10x

Funding history

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Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$21.84
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$33.84
Break-even
never at this rate
Slippage unknown: Extended: live order book, 40 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.058%
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 Extended live order book, 40 min ago0.75 bp13.9 bp −$1496.6 bp −$966doesn't fitdoesn't fit
Sell Deribit no order-book sample—————
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−0.1178%1h$2K$6K5.5xas long as short
Variational Omni PENDLE−0.0285%8h$820K$2.2M—as long as short
Bybit PENDLEUSDT−0.0247%8h$16.3M$11.5M50xas long as short
Polymarket Perps PENDLE-USD−0.0035%1h$17K$53K5xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUALshort0.0000%1h$31K$10K10x
Gate PENDLE_USDT+0.0003%8h$811K$1.1M75xas long as short
Reya PENDLERUSDPERP+0.0008%1h$4K—15xas long as short
Aster PENDLEUSDT+0.0030%8h$51K$125K10xas long as short
Orderly PERP_PENDLE_USDC+0.0056%8h$21K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0089%8h$1.5M$862K75xas long as short
Lighter PENDLE+0.0096%1h$568K$359K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.2M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.1M$32.9M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$4.8M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$16.9M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.0M$489K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.2M—as 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$1K$1.5M20xas long as short
Extended PENDLE-USDlong+0.0104%1h$172K$520K10x
Aevo PENDLE-PERP+0.0104%1h$27K—3xas 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+0.0496%1h$99K$397K25xas long as short
Backpack PENDLE_USDC_PERP+0.0498%1h$369K$447K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1872%1h$168K$222K20xas long as short