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

PENDLE

all PENDLE markets
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Funding spread now, next payment 15:00 UTC−0.0050%/8h
paid, last 24h−0.021%paid, last 5 days−0.126%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PENDLE2.63700.0096pay 0.0012% / 1h47m 44s$582K$327K5x
ShortOrderly PERP_PENDLE_USDC2.63770.0046get 0.0046% / 8h1h 47m$21K$4K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.42
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.42
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.027%
Avg gap 7d
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, 3 min ago5.12 bp5.6 bp −$662.7 bp −$627doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.3627%1h$4K$51K5.5xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0432%1h$31K$10K10xas long as short
ApeX Omni PENDLEUSDT−0.0282%1h$80K$234K50xas long as short
Variational Omni PENDLE−0.0206%8h$870K$2.1Mas long as short
Bybit PENDLEUSDT−0.0185%8h$16.4M$11.2M50xas long as short
Gate PENDLE_USDT−0.0021%8h$832K$1.0M75xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Reya PENDLERUSDPERP0.0000%1h$4K15xas long as short
Orderly PERP_PENDLE_USDCshort+0.0046%8h$21K$4K10x
Aster PENDLEUSDT+0.0087%8h$50K$117K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter PENDLElong+0.0096%1h$582K$327K5x
Paradex PENDLE-USD-PERP+0.0100%8h$37K$31K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.6M$4.9M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.5M$31.2M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.7M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$16.9M$2.0M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$460K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.1Mas long as short
edgeX PENDLEUSDC+0.0100%4h$26K$415K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$19K$71K5xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.4M20xas long as short
Extended PENDLE-USD+0.0104%1h$174K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
BloFin PENDLE-USDT+0.0125%8h$1.5M$835K75xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$5K100xas long as short
Backpack PENDLE_USDC_PERP+0.0345%1h$374K$447K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0368%1h$68K$334K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1459%1h$170K$217K20xas long as short