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

PENDLE

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Funding spread now, next payment 17:00 UTC−0.0004%/8h
paid, last 24h+0.001%paid, last 7 days+0.042%to open and close $10k−$25
Long on MEXCShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PENDLE_USDT2.56950.0100pay 0.0100% / 8h7h 51m$16.6M$2.1M125x
ShortLighter PENDLE2.57030.0096get 0.0012% / 1h51m 39s$559K$349K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$21.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$26.19
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Lighter: live order book, 54 min ago.

Price risk

price view
Price gap now
+0.031%
Avg gap 7d
+0.015%
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, 3 min ago2.32 bp5.7 bp −$629.3 bp −$29390.6 bp −$9,063doesn't fit
Sell Lighter live order book, 54 min ago3.58 bp6.6 bp −$768.4 bp −$684doesn't fitdoesn't fit

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
Gate PENDLE_USDT−0.0738%8h$812K$1.1M75xas long as short
Bybit PENDLEUSDT−0.0321%8h$16.0M$11.9M50xas long as short
Variational Omni PENDLE−0.0277%8h$813K$2.2M—as long as short
Polymarket Perps PENDLE-USD−0.0021%1h$16K$52K5xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Aster PENDLEUSDT+0.0005%8h$51K$128K10xas long as short
Reya PENDLERUSDPERP+0.0009%1h$4K—15xas long as short
Orderly PERP_PENDLE_USDC+0.0055%8h$20K$5K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni PENDLEUSDT+0.0066%1h$78K$236K50xas long as short
Lighter PENDLEshort+0.0096%1h$559K$349K5x
Paradex PENDLE-USD-PERP+0.0100%8h$36K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.1M$5.3M5xas long as short
Binance PENDLEUSDT+0.0100%8h$28.6M$33.7M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$4.9M50xas long as short
MEXC PENDLE_USDTlong+0.0100%8h$16.6M$2.1M125x
KuCoin PENDLEUSDTM+0.0100%8h$954K$521K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.7M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.2M—as long as short
Backpack PENDLE_USDC_PERP+0.0100%1h$371K$453K15xas long as short
edgeX PENDLEUSDC+0.0100%4h$26K$416K10xas long as short
SunX PENDLE-USDT+0.0100%8h$1K$1.5M20xas long as short
Extended PENDLE-USD+0.0104%1h$169K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$27K—3xas long as short
BloFin PENDLE-USDT+0.0107%8h$1.5M$856K75xas 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+0.0432%1h$119K$423K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1749%1h$163K$232K20xas long as short