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

PENDLE

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Funding spread now, next payment 00:00 UTC+0.0151%/8h
next payment, per $10,000+$1.51paid, last 24h+0.048%paid, last 3 days+0.154%to open and closeno order book
Long on Variational OmniShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PENDLE2.5471−0.0097get 0.0097% / 8h5h 13m$656K$2.2M—
ShortBinance PENDLEUSDT2.55330.0054get 0.0054% / 8h5h 13m$28.0M$36.4M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$31.72
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$21.72
Break-even
2.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: live order book, 15 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.244%
Avg gap 7d
+0.065%
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, 2 min ago6.63 bpdoesn't fit77.8 bp −$778doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.20 bp11.0 bp −$1128.6 bp −$28697.3 bp −$9,726doesn't fit

PENDLE on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4421%1h$2K$7K5.5xas long as short
Variational Omni PENDLElong−0.0097%8h$656K$2.2M—
Aster PENDLEUSDT−0.0020%8h$52K$140K10xas 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+0.0022%1h$4K—15xas long as short
Orderly PERP_PENDLE_USDC+0.0040%8h$20K$4K10xas long as short
BloFin PENDLE-USDT+0.0047%8h$1.4M$819K75xas long as short
Extended PENDLE-USD+0.0048%1h$168K$519K10xas long as short
MEXC PENDLE_USDT+0.0051%8h$17.0M$2.2M125xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance PENDLEUSDTshort+0.0054%8h$28.0M$36.4M75x
Lighter PENDLE+0.0096%1h$558K$359K5xas long as short
Aevo PENDLE-PERP+0.0096%1h$27K—3xas long as short
Paradex PENDLE-USD-PERP+0.0100%8h$36K$28K10xas long as short
Hyperliquid PENDLE+0.0100%1h$12.3M$5.3M5xas long as short
Bybit PENDLEUSDT+0.0100%8h$15.9M$12.0M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.3M$5.4M50xas long as short
Gate PENDLE_USDT+0.0100%8h$818K$1.1M75xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$936K$600K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.6M75xas long as short
BingX PENDLE-USDT+0.0100%8h—$34.2M—as long as short
edgeX PENDLEUSDC+0.0100%4h$25K$417K10xas 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+0.0624%1h$116K$438K25xas long as short
Backpack PENDLE_USDC_PERP+0.0640%1h$376K$460K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1430%1h$159K$251K20xas long as short