Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against OKX−0.012%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.012%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.5220 | 0.0100 | pay 0.0050% / 4h | 26m 27s | $3.2M | $6.0M | 50x |
| Short | BingX PENDLE-USDT | 2.5217 | 0.0100 | get 0.0100% / 8h | 26m 27s | — | $35.7M | — |
OKX PENDLE-USDT-SWAP
BingX PENDLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.012% → +0.002%
- −$1.42
- Slippage, 4 orders
- −$40.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.5
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 3.96 bp | 19.4 bp −$19 | 82.0 bp −$820 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 4.36 bp | 14.0 bp −$14 | 25.0 bp −$250 | 136.1 bp −$13.6K | 372.9 bp −$186.4K |
PENDLE on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.5000% | 1h | 2.4940 | −1.110% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0146% | 1h | 2.5246 | +0.103% | $30K | $10K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0040% | 1h | 2.5239 | +0.075% | $77K | $239K | 50x | as long as short |
| Binance PENDLEUSDT | −0.0032% | 8h | 2.5230 | +0.040% | $27.3M | $42.1M | 75x | as long as short |
| Extended PENDLE-USD | −0.0032% | 1h | 2.5219 | −0.004% | $166K | $528K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.0032% | 8h | 2.5232 | +0.048% | $17.1M | $1.9M | 125x | as long as short |
| BloFin PENDLE-USDT | −0.0028% | 8h | 2.5251 | +0.123% | $1.3M | $739K | 75x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0003% | 8h | 2.5237 | +0.067% | $20K | $16K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5247 | +0.107% | $11K | — | 5x | as long as short |
| Variational Omni PENDLE | +0.0040% | 8h | 2.5182 | −0.150% | $594K | $1.9M | — | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
Binance PENDLEUSDT
Extended PENDLE-USD
MEXC PENDLE_USDT
BloFin PENDLE-USDT
Orderly PERP_PENDLE_USDC
dYdX PENDLE-USD
Variational Omni PENDLEShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PENDLE_USDT_Perp | +0.0044% | 8h | 2.5188 | −0.127% | $417K | $1.6M | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0045% | 1h | 2.5223 | +0.013% | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | +0.0072% | 1h | 2.5243 | +0.091% | $26K | — | 3x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5240 | +0.079% | $532K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5228 | +0.030% | $35K | $18K | 10x | as long as short |
| Aster PENDLEUSDT | +0.0100% | 8h | 2.5257 | +0.145% | $46K | $177K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.5213 | −0.028% | $15.5M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAPlong | +0.0100% | 4h | 2.5220 | long leg | $3.2M | $6.0M | 50x | |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.5240 | +0.079% | $786K | $1.2M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5255 | +0.139% | $895K | $605K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5242 | +0.087% | $3.7M | $2.5M | 75x | as long as short |
| BingX PENDLE-USDTshort | +0.0100% | 8h | 2.5217 | −0.012% | — | $35.7M | — | |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5231 | +0.044% | $25K | $381K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5251 | +0.123% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5229 | +0.036% | $2K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0199% / S −0.0256% | 1h | 2.5238 | +0.072% | $5K | — | 100x | as long as short |
| Hyperliquid PENDLE | +0.0323% | 1h | 2.5277 | +0.226% | $12.8M | $6.2M | 5x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0594% | 1h | 2.5288 | +0.269% | $120K | $299K | 20x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0600% | 1h | 2.5340 | +0.476% | $141K | $453K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0803% | 1h | 2.5298 | +0.309% | $334K | $491K | 15x | as long as short |
GRVT PENDLE_USDT_Perp
Reya PENDLERUSDPERP
Aevo PENDLE-PERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Aster PENDLEUSDT
Bybit PENDLEUSDT
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Hyperliquid PENDLE
Kraken Futures PF_PENDLEUSD
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP