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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0025%/8h
paid, last 24h+0.021%paid, last 7 days+0.081%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PENDLE-USD2.65510.0081pay 0.0010% / 1h47m 31s$18K$62K5x
ShortBloFin PENDLE-USDT2.66230.0106get 0.0106% / 8h47m 31s$1.5M$857K75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$5.17
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.83
Break-even
27.1 days
Slippage unknown: Polymarket Perps: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.271%
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 Polymarket Perps no order-book sample
Sell BloFin live order book, 2 min ago1.13 bp9.7 bp −$1023.9 bp −$239doesn't fitdoesn't fit
Polymarket Perps: 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−0.1178%1h$3K$6K5.5xas long as short
Variational Omni PENDLE−0.0222%8h$887K$2.1Mas long as short
Bybit PENDLEUSDT−0.0182%8h$16.5M$11.3M50xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0126%1h$31K$10K10xas long as short
Gate PENDLE_USDT−0.0012%8h$827K$1.0M75xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Reya PENDLERUSDPERP+0.0005%1h$4K15xas long as short
Orderly PERP_PENDLE_USDC+0.0053%8h$22K$4K10xas long as short
Aster PENDLEUSDT+0.0065%8h$51K$122K10xas long as short
Polymarket Perps PENDLE-USDlong+0.0081%1h$18K$62K5x
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter PENDLE+0.0096%1h$578K$356K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.6M$5.1M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.6M$31.9M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.8M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.2M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$467K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.1Mas long as short
edgeX PENDLEUSDC+0.0100%4h$26K$416K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$81K$235K50xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.4M20xas long as short
Extended PENDLE-USD+0.0104%1h$175K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
BloFin PENDLE-USDTshort+0.0106%8h$1.5M$857K75x
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0496%1h$100K$388K25xas long as short
Backpack PENDLE_USDC_PERP+0.0533%1h$377K$446K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1839%1h$171K$215K20xas long as short