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

PENDLE

all PENDLE markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC+0.0940%/8h
paid, last 24h+0.140%paid, last 3 days+0.841%to open and closeno order book
Long on Variational OmniShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PENDLE2.5556−0.0239get 0.0239% / 8h6h 42m$666K$2.2M—
ShortBackpack PENDLE_USDC_PERP2.55500.0701get 0.0088% / 1h42m 02s$377K$455K15x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$197.48
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
$187.48
Break-even
0.4 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Backpack: live order book, 63 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.023%
Avg gap 7d
+0.148%
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 Variational Omni RFQ quote, 4 min ago4.66 bpdoesn't fit45.9 bp −$459doesn't fitdoesn't fit
Sell Backpack live order book, 63 min ago2.31 bp7.8 bp −$883.8 bp −$838doesn't fitdoesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4277%1h$2K$7K5.5xas long as short
Variational Omni PENDLElong−0.0239%8h$666K$2.2M—
Aster PENDLEUSDT−0.0028%8h$51K$131K10xas long as short
dYdX PENDLE-USD0.0000%1h$11K—5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Reya PENDLERUSDPERP+0.0015%1h$4K—15xas long as short
Bybit PENDLEUSDT+0.0044%8h$15.9M$11.7M50xas long as short
Gate PENDLE_USDT+0.0045%8h$815K$1.1M75xas long as short
Orderly PERP_PENDLE_USDC+0.0049%8h$20K$4K10xas long as short
MEXC PENDLE_USDT+0.0062%8h$16.9M$2.2M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance PENDLEUSDT+0.0063%8h$28.0M$34.7M75xas long as short
BloFin PENDLE-USDT+0.0064%8h$1.4M$846K75xas long as short
Extended PENDLE-USD+0.0064%1h$168K$520K10xas long as short
Lighter PENDLE+0.0096%1h$558K$356K5xas long as short
Aevo PENDLE-PERP+0.0096%1h$27K—3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$29K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.2M$5.2M5xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.1M50xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$934K$559K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.8M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.2M—as long as short
edgeX PENDLEUSDC+0.0100%4h$25K$418K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h$78K$238K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h$16K$30K5xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.6M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K—100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0592%1h$116K$431K25xas long as short
Backpack PENDLE_USDC_PERPshort+0.0701%1h$377K$455K15x
Kraken Futures PF_PENDLEUSD+0.2124%1h$155K$268K20xas long as short