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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Measured
My alerts

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 19:00 UTC+0.0004%/8h
paid, last 24h−0.036%paid, last 7 days−0.161%to open and close $10k−$61
Long on LighterShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PENDLE2.55710.0096pay 0.0012% / 1h36m 36s$559K$358K5x
ShortBybit PENDLEUSDT2.55400.0100get 0.0100% / 8h5h 36m$15.9M$11.9M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0.84
Slippage, 4 orders
−$49.93
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$60.09
Break-even
507.7 days
Slippage from Lighter: live order book, 60 min ago; Bybit: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.121%
Avg gap 7d
−0.060%
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 Lighter live order book, 60 min ago9.77 bp13.6 bp −$1457.6 bp −$576doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.96 bp17.0 bp −$1763.0 bp −$630928.9 bp −$92.9Kdoesn'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−0.0127%8h$660K$2.2M—as long as short
Aster PENDLEUSDT−0.0015%8h$52K$139K10xas 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+0.0020%1h$4K—15xas long as short
Orderly PERP_PENDLE_USDC+0.0043%8h$20K$4K10xas long as short
Binance PENDLEUSDT+0.0063%8h$28.0M$36.1M75xas long as short
Extended PENDLE-USD+0.0064%1h$169K$519K10xas long as short
MEXC PENDLE_USDT+0.0066%8h$17.1M$2.1M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0090%8h$1.4M$823K75xas long as short
Lighter PENDLElong+0.0096%1h$559K$358K5x
Aevo PENDLE-PERP+0.0096%1h$27K—3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$28K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.4M5xas long as short
Bybit PENDLEUSDTshort+0.0100%8h$15.9M$11.9M50x
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.3M50xas long as short
Gate PENDLE_USDT+0.0100%8h$821K$1.0M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$939K$604K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.3M—as long as short
edgeX PENDLEUSDC+0.0100%4h$25K$415K10xas 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+0.0624%1h$117K$466K25xas long as short
Backpack PENDLE_USDC_PERP+0.0630%1h$376K$460K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1428%1h$159K$257K20xas long as short