data as of
Settings8H · net · $10k
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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 00:00 UTC−0.0300%/8h
next payment, per $10,000−$3.00paid, last 24h−0.051%paid, last 3 days−0.222%to open and closeno order book
Long on KuCoinShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PENDLEUSDTM2.56180.0100pay 0.0100% / 8h6h 17m$950K$566K50x
ShortVariational Omni PENDLE2.5597−0.0200pay 0.0200% / 8h6h 17m$661K$2.2M—

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$62.9
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$74.9
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 23 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.081%
Avg gap 7d
−0.033%
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, 23 min ago6.89 bp24.2 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago4.67 bpdoesn't fit56.9 bp −$569doesn't fitdoesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4277%1h$2K$7K5.5xas long as short
Variational Omni PENDLEshort−0.0200%8h$661K$2.2M—
Aster PENDLEUSDT−0.0025%8h$52K$133K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Reya PENDLERUSDPERP+0.0017%1h$4K—15xas long as short
Orderly PERP_PENDLE_USDC+0.0047%8h$20K$4K10xas long as short
Extended PENDLE-USD+0.0056%1h$168K$518K10xas long as short
MEXC PENDLE_USDT+0.0056%8h$17.0M$2.2M125xas long as short
Binance PENDLEUSDT+0.0057%8h$28.0M$35.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0077%8h$1.4M$816K75xas long as short
Lighter PENDLE+0.0096%1h$560K$356K5xas long as short
Aevo PENDLE-PERP+0.0096%1h$27K—3xas long as short
Gate PENDLE_USDT+0.0099%8h$822K$1.1M75xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$29K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.3M5xas long as short
Bybit PENDLEUSDT+0.0100%8h$16.0M$11.8M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.2M50xas long as short
KuCoin PENDLEUSDTMlong+0.0100%8h$950K$566K50x
Bitget PENDLEUSDT+0.0100%8h$3.8M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.2M—as long as short
edgeX PENDLEUSDC+0.0100%4h$25K$416K10xas 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$5K—100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0592%1h$116K$438K25xas long as short
Backpack PENDLE_USDC_PERP+0.0752%1h$377K$460K15xas long as short
Kraken Futures PF_PENDLEUSD+0.2112%1h$156K$269K20xas long as short