Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.037%
Price spread now: Bitget against Bybit+0.165%7-day average −0.027% · you sell dearer than you buy
to open and close $10k−$74fees + slippage, both legs, in and out
costs, in % of the position0.743%what the two incomes have to cover
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.227%−$23 · spread now +0.165%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.192% dearer against Bybit than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PENDLEUSDT | 2.5390 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $15.8M | $11.9M | 50x |
| Short | Bitget PENDLEUSDT | 2.5432 | 0.0100 | get 0.0100% / 8h | 4h 36m | $3.8M | $2.6M | 75x |
Bybit PENDLEUSDT
Bitget PENDLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.165% → −0.027%
- $19.22
- Slippage, 4 orders
- −$51.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.05
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.93 bp | 9.4 bp −$9 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.95 bp | 18.7 bp −$19 | 39.3 bp −$393 | doesn't fit | doesn't fit |
PENDLE on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.4300% | 1h | 2.5190 | −0.788% | $2K | $7K | 5.5x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0624% | 1h | 2.5470 | +0.316% | $158K | $251K | 20x | as long as short |
| Variational Omni PENDLE | −0.0028% | 8h | 2.5474 | +0.331% | $658K | $2.2M | — | as long as short |
| Aster PENDLEUSDT | −0.0002% | 8h | 2.5446 | +0.222% | $51K | $139K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5423 | +0.129% | $11K | — | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | 0.0000% | 1h | 2.5453 | +0.248% | $30K | $11K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0025% | 1h | 2.5449 | +0.233% | $4K | — | 15x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0040% | 8h | 2.5455 | +0.256% | $23K | $8K | 10x | as long as short |
| BloFin PENDLE-USDT | +0.0060% | 8h | 2.5414 | +0.095% | $1.4M | $819K | 75x | as long as short |
| Extended PENDLE-USD | +0.0064% | 1h | 2.5422 | +0.126% | $167K | $519K | 10x | as long as short |
Injective PENDLE/USDC PERP
Kraken Futures PF_PENDLEUSD
Variational Omni PENDLE
Aster PENDLEUSDT
dYdX PENDLE-USD
Deribit PENDLE_USDC-PERPETUAL
Reya PENDLERUSDPERP
Orderly PERP_PENDLE_USDC
BloFin PENDLE-USDT
Extended PENDLE-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PENDLE_USDT | +0.0064% | 8h | 2.5413 | +0.091% | $17.0M | $2.2M | 125x | as long as short |
| Binance PENDLEUSDT | +0.0065% | 8h | 2.5401 | +0.043% | $27.9M | $36.6M | 75x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5409 | +0.075% | $563K | $368K | 5x | as long as short |
| Aevo PENDLE-PERP | +0.0096% | 1h | 2.5496 | +0.418% | $27K | — | 3x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5396 | +0.023% | $36K | $26K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5435 | +0.177% | $12.3M | $5.2M | 5x | as long as short |
| Bybit PENDLEUSDTlong | +0.0100% | 8h | 2.5390 | long leg | $15.8M | $11.9M | 50x | |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5390 | 0.000% | $3.3M | $5.4M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.5420 | +0.118% | $813K | $1.0M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5416 | +0.102% | $928K | $596K | 50x | as long as short |
| Bitget PENDLEUSDTshort | +0.0100% | 8h | 2.5432 | +0.165% | $3.8M | $2.6M | 75x | |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5424 | +0.134% | — | $34.3M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5472 | +0.322% | $25K | $414K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0100% | 8h | 2.5460 | +0.277% | $429K | $1.3M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.5477 | +0.343% | $78K | $237K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5480 | +0.354% | $16K | $30K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5464 | +0.291% | $2K | $1.6M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0200% / S −0.0272% | 1h | 2.5457 | +0.262% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0576% | 1h | 2.5500 | +0.433% | $117K | $437K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0906% | 1h | 2.5474 | +0.331% | $374K | $459K | 15x | as long as short |
MEXC PENDLE_USDT
Binance PENDLEUSDT
Lighter PENDLE
Aevo PENDLE-PERP
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
BingX PENDLE-USDT
edgeX PENDLEUSDC
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP