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

PENDLE

all PENDLE markets
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Funding spread now, next payment 19:00 UTC0.0000%/8h
paid, last 24h+0.011%paid, last 7 days+0.014%to open and close $10k−$87
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PENDLEUSDTM2.56220.0100pay 0.0100% / 8h5h 41m$942K$603K50x
ShortHyperliquid PENDLE2.56210.0100get 0.0013% / 1h41m 36s$12.3M$5.4M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$66.29
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$87.29
Break-even
never at this rate
Slippage from KuCoin: live order book, 59 min ago; Hyperliquid: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.004%
Avg gap 7d
+0.119%
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 KuCoin live order book, 59 min ago6.89 bp24.2 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago1.56 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4421%1h$2K$7K5.5xas long as short
Variational Omni PENDLE−0.0129%8h$660K$2.2Mas long as short
Aster PENDLEUSDT−0.0004%8h$52K$139K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Reya PENDLERUSDPERP+0.0020%1h$4K15xas long as short
Orderly PERP_PENDLE_USDC+0.0044%8h$20K$4K10xas long as short
BloFin PENDLE-USDT+0.0048%8h$1.4M$825K75xas long as short
Extended PENDLE-USD+0.0072%1h$169K$519K10xas long as short
MEXC PENDLE_USDT+0.0073%8h$17.1M$2.1M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance PENDLEUSDT+0.0073%8h$28.0M$36.0M75xas long as short
Lighter PENDLE+0.0096%1h$559K$358K5xas long as short
Aevo PENDLE-PERP+0.0096%1h$27K3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$28K10xas long as short
Hyperliquid PENDLEshort+0.0100%1h$12.3M$5.4M5x
Bybit PENDLEUSDT+0.0100%8h$16.0M$12.0M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.4M$5.4M50xas long as short
Gate PENDLE_USDT+0.0100%8h$824K$1.0M75xas long as short
KuCoin PENDLEUSDTMlong+0.0100%8h$942K$603K50x
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.7M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.2Mas long as short
edgeX PENDLEUSDC+0.0100%4h$25K$414K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$78K$237K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$16K$30K5xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.6M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0624%1h$117K$466K25xas long as short
Backpack PENDLE_USDC_PERP+0.0733%1h$377K$461K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1425%1h$159K$257K20xas long as short