Funding spread now, next payment 15:00 UTC+0.1674%/8h
next payment, per $10,000+$2.09paid, last 24h−0.023%paid, last 4 days+0.094%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid 0.094% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENDLE/USDC PERP | 2.5880 | −0.1178 | get 0.0147% / 1h | 8m 18s | $2K | $6K | 5.5x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.6170 | 0.0496 | get 0.0062% / 1h | 8m 18s | $99K | $397K | 25x |
Injective PENDLE/USDC PERP
Coinbase International PENDLE-PERP-INTXFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $351.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $341.6
- Break-even
- 0.2 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 41 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +1.121%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 41 min ago | 5.63 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERPlong | −0.1178% | 1h | $2K | $6K | 5.5x | |
| Variational Omni PENDLE | −0.0285% | 8h | $820K | $2.2M | — | as long as short |
| Bybit PENDLEUSDT | −0.0247% | 8h | $16.3M | $11.5M | 50x | as long as short |
| Polymarket Perps PENDLE-USD | −0.0036% | 1h | $17K | $53K | 5x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | $11K | — | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | 0.0000% | 1h | $31K | $10K | 10x | as long as short |
| Gate PENDLE_USDT | +0.0005% | 8h | $830K | $1.1M | 75x | as long as short |
| Reya PENDLERUSDPERP | +0.0008% | 1h | $4K | — | 15x | as long as short |
| Aster PENDLEUSDT | +0.0026% | 8h | $51K | $125K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0055% | 8h | $21K | $4K | 10x | as long as short |
Variational Omni PENDLE
Bybit PENDLEUSDT
Polymarket Perps PENDLE-USD
dYdX PENDLE-USD
Deribit PENDLE_USDC-PERPETUAL
Gate PENDLE_USDT
Reya PENDLERUSDPERP
Aster PENDLEUSDT
Orderly PERP_PENDLE_USDC
BloFin PENDLE-USDT
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Binance PENDLEUSDT
OKX PENDLE-USDT-SWAP
MEXC PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
ApeX Omni PENDLEUSDT
SunX PENDLE-USDT
Extended PENDLE-USD
Aevo PENDLE-PERP
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Kraken Futures PF_PENDLEUSD