Funding spread now, next payment 16:00 UTC−0.1948%/8h
next payment, per $10,000−$2.43paid, last 24h−0.458%paid, last 7 days−0.332%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.332% in total (about -17.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.43 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 | Kraken Futures PF_PENDLEUSD | 2.5967 | 0.1887 | pay 0.0236% / 1h | 59m 50s | $165K | $229K | 20x |
| Short | Polymarket Perps PENDLE-USD | 2.5910 | −0.0060 | pay 0.0008% / 1h | 59m 50s | $17K | $53K | 5x |
Kraken Futures PF_PENDLEUSD
Polymarket Perps PENDLE-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$409
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$427
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 49 min ago; Polymarket Perps: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.220%
- 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 Kraken Futures live order book, 49 min ago | 9.40 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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 PERP | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.0282% | 8h | $814K | $2.2M | — | as long as short |
| Bybit PENDLEUSDT | −0.0238% | 8h | $16.2M | $11.6M | 50x | as long as short |
| Polymarket Perps PENDLE-USDshort | −0.0060% | 1h | $17K | $53K | 5x | |
| Deribit PENDLE_USDC-PERPETUAL | −0.0020% | 1h | $31K | $10K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | $11K | — | 5x | as long as short |
| Reya PENDLERUSDPERP | +0.0009% | 1h | $4K | — | 15x | as long as short |
| Aster PENDLEUSDT | +0.0012% | 8h | $50K | $127K | 10x | as long as short |
| Gate PENDLE_USDT | +0.0014% | 8h | $824K | $1.1M | 75x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0055% | 8h | $20K | $5K | 10x | as long as short |
Injective PENDLE/USDC PERP
Variational Omni PENDLE
Bybit PENDLEUSDT
Deribit PENDLE_USDC-PERPETUAL
dYdX PENDLE-USD
Reya PENDLERUSDPERP
Aster PENDLEUSDT
Gate PENDLE_USDT
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]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP