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

PENDLE

all PENDLE markets
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Funding spread now, next payment 16:00 UTC+0.0048%/8h
paid, last 24h+0.023%paid, last 3 days+0.190%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PENDLERUSDPERP2.64340.0005pay 0.0001% / 1h43m 25s$4K15x
ShortOrderly PERP_PENDLE_USDC2.64970.0053get 0.0053% / 8h43m 25s$22K$4K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$10.05
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$1.95
Break-even
8.4 days
Slippage unknown: Reya: no order-book sample; Orderly: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.238%
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 Reya no order-book sample
Sell Orderly no order-book sample
Reya and Orderly: 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
Deribit PENDLE_USDC-PERPETUAL−0.0466%1h$31K$10K10xas long as short
Variational Omni PENDLE−0.0220%8h$888K$2.1Mas long as short
Bybit PENDLEUSDT−0.0192%8h$16.4M$11.2M50xas long as short
Gate PENDLE_USDT−0.0023%8h$820K$1.0M75xas long as short
Polymarket Perps PENDLE-USD−0.0003%1h$18K$59K5xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Reya PENDLERUSDPERPlong+0.0005%1h$4K15x
Orderly PERP_PENDLE_USDCshort+0.0053%8h$22K$4K10x
Aster PENDLEUSDT+0.0056%8h$51K$122K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PENDLE-USDT+0.0087%8h$1.5M$854K75xas long as short
Lighter PENDLE+0.0096%1h$576K$356K5xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.5M$5.1M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.5M$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$17.1M$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$417K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$80K$235K50xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.5M20xas long as short
Extended PENDLE-USD+0.0104%1h$175K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$28K3xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0269%1h$5K100xas long as short
Backpack PENDLE_USDC_PERP+0.0411%1h$376K$445K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0496%1h$99K$387K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1845%1h$171K$215K20xas long as short