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

PENDLE

all PENDLE markets
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Funding spread now, next payment 16:00 UTC−0.0293%/8h
paid, last 24h+0.017%paid, last 3 days+0.150%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PENDLERUSDPERP2.61610.0008pay 0.0001% / 1h6m 37s$4K15x
ShortVariational Omni PENDLE2.6124−0.0285pay 0.0285% / 8h6m 37s$820K$2.2M

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$61.49
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$67.49
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.144%
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 Variational Omni RFQ quote, 4 min ago4.65 bpdoesn't fit66.7 bp −$667doesn't fitdoesn't fit
Reya: 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$2K$6K5.5xas long as short
Variational Omni PENDLEshort−0.0285%8h$820K$2.2M
Bybit PENDLEUSDT−0.0243%8h$16.3M$11.5M50xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0132%1h$31K$10K10xas long as short
Polymarket Perps PENDLE-USD−0.0042%1h$17K$53K5xas long as short
dYdX PENDLE-USD0.0000%1h$11K5xas long as short
Gate PENDLE_USDT+0.0007%8h$830K$1.1M75xas long as short
Reya PENDLERUSDPERPlong+0.0008%1h$4K15x
Aster PENDLEUSDT+0.0026%8h$51K$125K10xas long as short
Orderly PERP_PENDLE_USDC+0.0055%8h$21K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter PENDLE+0.0096%1h$570K$359K5xas long as short
BloFin PENDLE-USDT+0.0096%8h$1.5M$861K75xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$37K$30K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.4M$5.2M5xas long as short
Binance PENDLEUSDT+0.0100%8h$29.1M$32.9M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$4.8M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$17.0M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$1.0M$489K50xas 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$26K$415K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$79K$236K50xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.5M20xas long as short
Extended PENDLE-USD+0.0104%1h$172K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$27K3xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0496%1h$99K$397K25xas long as short
Backpack PENDLE_USDC_PERP+0.0505%1h$370K$448K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1867%1h$168K$222K20xas long as short