Funding spread now, next payment 18:00 UTC+0.2014%/8h
next payment, per $10,000+$2.52paid, last 24h+0.435%paid, last 7 days+0.356%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.356% in total (about 18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps PENDLE-USD | 2.5637 | 0.0100 | pay 0.0013% / 1h | 14m 58s | $16K | $30K | 5x |
| Short | Kraken Futures PF_PENDLEUSD | 2.5680 | 0.2114 | get 0.0264% / 1h | 14m 58s | $156K | $269K | 20x |
Polymarket Perps PENDLE-USD
Kraken Futures PF_PENDLEUSDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $422.95
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $404.95
- Break-even
- 0.3 days
Slippage unknown: Polymarket Perps: no order-book sample; Kraken Futures: live order book, 24 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.166%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 24 min ago | 5.88 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.0185% | 8h | $667K | $2.2M | — | as long as short |
| Aster PENDLEUSDT | −0.0023% | 8h | $52K | $133K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | $11K | — | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | 0.0000% | 1h | $30K | $11K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0017% | 1h | $4K | — | 15x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0047% | 8h | $20K | $4K | 10x | as long as short |
| BloFin PENDLE-USDT | +0.0048% | 8h | $1.4M | $816K | 75x | as long as short |
| Extended PENDLE-USD | +0.0056% | 1h | $168K | $518K | 10x | as long as short |
| MEXC PENDLE_USDT | +0.0057% | 8h | $16.9M | $2.2M | 125x | as long as short |
Injective PENDLE/USDC PERP
Variational Omni PENDLE
Aster PENDLEUSDT
dYdX PENDLE-USD
Deribit PENDLE_USDC-PERPETUAL
Reya PENDLERUSDPERP
Orderly PERP_PENDLE_USDC
BloFin PENDLE-USDT
Extended PENDLE-USD
MEXC PENDLE_USDT
Binance PENDLEUSDT
Lighter PENDLE
Aevo PENDLE-PERP
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
ApeX Omni PENDLEUSDT
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP