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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC−0.0106%/8h
paid, last 24h+0.040%paid, last 7 days+0.103%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PENDLE-USD2.66230.0100pay 0.0013% / 1h54m 47s$19K$71K5x
ShortGate PENDLE_USDT2.6600−0.0006pay 0.0006% / 8h1h 54m$837K$1.0M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$22.26
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$45.26
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.086%
Avg gap 7d
−0.023%
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 Gate live order book, 4 min ago3.74 bp20.3 bp −$20126.7 bp −$1,267doesn'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−0.3627%1h$4K$51K5.5xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0238%1h$31K$10K10xas long as short
Variational Omni PENDLE−0.0189%8h$886K$2.1Mas long as short
Bybit PENDLEUSDT−0.0178%8h$16.6M$11.0M50xas long as short
ApeX Omni PENDLEUSDT−0.0154%1h$81K$236K50xas long as short
Gate PENDLE_USDTshort−0.0006%8h$837K$1.0M75x
Reya PENDLERUSDPERP0.0000%1h$4K15xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Orderly PERP_PENDLE_USDC+0.0046%8h$22K$4K10xas long as short
Lighter PENDLE+0.0096%1h$588K$325K5xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex PENDLE-USD-PERP+0.0100%8h$37K$31K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.8M$4.8M5xas long as short
Aster PENDLEUSDT+0.0100%8h$51K$115K10xas long as short
Binance PENDLEUSDT+0.0100%8h$30.0M$30.2M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$4.6M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.4M$1.9M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.1M$454K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$4.0M$2.5M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.1Mas long as short
edgeX PENDLEUSDC+0.0100%4h$27K$413K10xas long as short
Polymarket Perps PENDLE-USDlong+0.0100%1h$19K$71K5x
SunX PENDLE-USDT+0.0100%8h$1K$1.4M20xas long as short
Extended PENDLE-USD+0.0104%1h$176K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
BloFin PENDLE-USDT+0.0109%8h$1.5M$827K75xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$6K100xas long as short
Backpack PENDLE_USDC_PERP+0.0343%1h$377K$446K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0368%1h$71K$333K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1445%1h$161K$204K20xas long as short