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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0082%/8h
paid, last 24h−0.054%paid, last 5 days−0.233%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PENDLE_USDT2.55890.0082pay 0.0082% / 8h7h 04m$16.8M$2.2M125x
ShortDeribit PENDLE_USDC-PERPETUAL2.56010get 0.0000% / 1h4m 08s$30K$11K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$17.22
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$28.22
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.047%
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 MEXC live order book, 1 min ago0.19 bp4.7 bp −$529.1 bp −$29184.3 bp −$8,429doesn't fit
Sell Deribit no order-book sample
Deribit: 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−0.1875%1h$2K$6K5.5xas long as short
Variational Omni PENDLE−0.0266%8h$659K$2.2Mas long as short
Bybit PENDLEUSDT−0.0061%8h$16.0M$11.8M50xas long as short
Aster PENDLEUSDT−0.0009%8h$51K$134K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUALshort0.0000%1h$30K$11K10x
Reya PENDLERUSDPERP+0.0013%1h$4K15xas long as short
Orderly PERP_PENDLE_USDC+0.0051%8h$20K$4K10xas long as short
BloFin PENDLE-USDT+0.0062%8h$1.4M$854K75xas long as short
Extended PENDLE-USD+0.0080%1h$168K$520K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC PENDLE_USDTlong+0.0082%8h$16.8M$2.2M125x
Binance PENDLEUSDT+0.0083%8h$28.1M$34.4M75xas long as short
Lighter PENDLE+0.0096%1h$560K$359K5xas long as short
ApeX Omni PENDLEUSDT+0.0096%1h$78K$237K50xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.2M5xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.1M50xas long as short
Gate PENDLE_USDT+0.0100%8h$818K$1.1M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$932K$558K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.8M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.2Mas long as short
edgeX PENDLEUSDC+0.0100%4h$25K$416K10xas 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
Aevo PENDLE-PERP+0.0104%1h$27K3xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Backpack PENDLE_USDC_PERP+0.0275%1h$373K$451K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0432%1h$114K$435K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1760%1h$157K$267K20xas long as short