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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 19:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 3 days+0.083%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PENDLE-USD-PERP2.54060.0100pay 0.0100% / 8h5h 22m$36K$28K10x
ShortLighter PENDLE2.54200.0096get 0.0012% / 1h22m 38s$556K$359K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$4.84
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 9 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.055%
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 Paradex no order-book sample
Sell Lighter live order book, 9 min ago5.29 bp19.4 bp −$1991.8 bp −$918doesn't fitdoesn't fit
Paradex: 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−0.4421%1h$2K$7K5.5xas long as short
Variational Omni PENDLE−0.0106%8h$656K$2.2Mas long as short
Aster PENDLEUSDT−0.0027%8h$51K$139K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Reya PENDLERUSDPERP+0.0021%1h$4K15xas long as short
Orderly PERP_PENDLE_USDC+0.0040%8h$20K$4K10xas long as short
Extended PENDLE-USD+0.0048%1h$167K$519K10xas long as short
Binance PENDLEUSDT+0.0051%8h$27.9M$36.0M75xas long as short
MEXC PENDLE_USDT+0.0053%8h$17.0M$2.2M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0067%8h$1.4M$816K75xas long as short
Lighter PENDLEshort+0.0096%1h$556K$359K5x
Aevo PENDLE-PERP+0.0096%1h$27K3xas long as short
Paradex PENDLE-USD-PERPlong+0.0100%8h$36K$28K10x
Hyperliquid PENDLE+0.0100%1h$12.3M$5.3M5xas long as short
Bybit PENDLEUSDT+0.0100%8h$15.8M$11.9M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.3M50xas long as short
Gate PENDLE_USDT+0.0100%8h$813K$1.0M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$931K$599K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.2Mas long as short
edgeX PENDLEUSDC+0.0100%4h$25K$415K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$78K$238K50xas 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
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Backpack PENDLE_USDC_PERP+0.0581%1h$374K$460K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0624%1h$116K$437K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1436%1h$158K$251K20xas long as short