Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against OKX+0.104%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days−0.176%−$18 · spread now +0.104%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.096% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.5100 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $3.2M | $6.2M | 50x |
| Short | KuCoin PENDLEUSDTM | 2.5126 | 0.0100 | get 0.0100% / 8h | 6h 15m | $868K | $594K | 50x |
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.104% → +0.007%
- $9.64
- Slippage, 4 orders
- −$115.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$127.68
- Costs to cover
- 1.373%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 34 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, 3 min ago | 1.99 bp | 14.8 bp −$15 | 81.2 bp −$812 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 min ago | 9.93 bp | 45.3 bp −$45 | 176.7 bp −$1,767 | doesn't fit | doesn't fit |
PENDLE on 29 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 | −0.4742% | 1h | 2.4870 | −0.916% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0347% | 1h | 2.5122 | +0.088% | $26K | $14K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0150% | 1h | 2.5163 | +0.251% | $77K | $235K | 50x | as long as short |
| Binance PENDLEUSDT | −0.0129% | 8h | 2.5118 | +0.072% | $27.0M | $43.4M | 75x | as long as short |
| Extended PENDLE-USD | −0.0128% | 1h | 2.5105 | +0.018% | $163K | $570K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.0128% | 8h | 2.5114 | +0.056% | $17.4M | $1.8M | 125x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0124% | 8h | 2.5162 | +0.246% | $424K | $1.7M | 10x | as long as short |
| Variational Omni PENDLE | −0.0040% | 8h | 2.5105 | +0.021% | $613K | $1.8M | — | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0038% | 8h | 2.5118 | +0.072% | $20K | $16K | 10x | as long as short |
| Aster PENDLEUSDT | −0.0031% | 8h | 2.5146 | +0.183% | $50K | $181K | 10x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
Binance PENDLEUSDT
Extended PENDLE-USD
MEXC PENDLE_USDT
GRVT PENDLE_USDT_Perp
Variational Omni PENDLE
Orderly PERP_PENDLE_USDC
Aster PENDLEUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PENDLE_USDT | −0.0025% | 8h | 2.5110 | +0.040% | $763K | $1.2M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.0014% | 8h | 2.5111 | +0.044% | $15.2M | $12.1M | 50x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5150 | +0.199% | $11K | — | 5x | as long as short |
| Aevo PENDLE-PERP | +0.0048% | 1h | 2.5105 | +0.022% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0056% | 1h | 2.5117 | +0.066% | $4K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5119 | +0.076% | $535K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5107 | +0.030% | $35K | $16K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5167 | +0.267% | $12.9M | $6.4M | 5x | as long as short |
| OKX PENDLE-USDT-SWAPlong | +0.0100% | 4h | 2.5100 | long leg | $3.2M | $6.2M | 50x | |
| KuCoin PENDLEUSDTMshort | +0.0100% | 8h | 2.5126 | +0.104% | $868K | $594K | 50x | |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5109 | +0.036% | $3.8M | $2.5M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5123 | +0.092% | — | $33.6M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5146 | +0.184% | $25K | $380K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5143 | +0.171% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5112 | +0.048% | $2K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0256% | 1h | 2.5135 | +0.141% | $7K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0426% | 1h | 2.5173 | +0.291% | $353K | $482K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5260 | +0.637% | $145K | $474K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0866% | 1h | 2.5170 | +0.278% | $117K | $289K | 20x | as long as short |
Gate PENDLE_USDT
Bybit PENDLEUSDT
dYdX PENDLE-USD
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD