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

PENDLE

all PENDLE markets
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Funding spread now, next payment 15:00 UTC+0.0365%/8h
paid, last 24h+0.100%paid, last 7 days+0.660%to open and close $10k−$63
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PENDLE_USDT2.6490−0.0033get 0.0033% / 8h1h 09m$826K$1.0M75x
ShortBackpack PENDLE_USDC_PERP2.65300.0332get 0.0042% / 1h9m 37s$375K$445K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$76.7
Slippage, 4 orders
−$37.68
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Backpack: 5 bp × 2 orders
−$10
Net
$14.02
Break-even
5.7 days
Slippage from Gate: live order book, 4 min ago; Backpack: live order book, 46 min ago.

Price risk

price view
Price gap now
+0.151%
Avg gap 7d
+0.148%
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 Gate live order book, 4 min ago1.89 bp23.3 bp −$23154.6 bp −$1,546doesn't fitdoesn't fit
Sell Backpack live order book, 46 min ago2.06 bp7.3 bp −$7357.9 bp −$3,579doesn't fitdoesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.3627%1h$3K$52K5.5xas long as short
Variational Omni PENDLE−0.0227%8h$880K$2.1Mas long as short
Bybit PENDLEUSDT−0.0197%8h$16.5M$11.3M50xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0128%1h$31K$10K10xas long as short
Gate PENDLE_USDTlong−0.0033%8h$826K$1.0M75x
ApeX Omni PENDLEUSDT−0.0017%1h$80K$234K50xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Reya PENDLERUSDPERP+0.0003%1h$4K15xas long as short
Polymarket Perps PENDLE-USD+0.0008%1h$18K$70K5xas long as short
Orderly PERP_PENDLE_USDC+0.0050%8h$21K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster PENDLEUSDT+0.0066%8h$51K$120K10xas long as short
BloFin PENDLE-USDT+0.0094%8h$1.5M$833K75xas long as short
Lighter PENDLE+0.0096%1h$585K$337K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$31K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.6M$5.0M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.6M$31.7M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.8M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.1M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$465K50xas 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$414K10xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.4M20xas long as short
Extended PENDLE-USD+0.0104%1h$175K$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_PERPshort+0.0332%1h$375K$445K15x
Coinbase International PENDLE-PERP-INTX+0.0368%1h$87K$364K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1454%1h$171K$215K20xas long as short