ArbiLayer

PENDLE funding rate

Live Pendle perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.030%Binance
Lowest (24h)-0.001%Gate
Average (24h)+0.027%across 10 venues
Funding gap (24h)+0.031%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Binance logoBinanceCEX · PENDLEUSDT+0.0100%8h—+0.030%+10.9%$2.46-0.097%—
Bybit logoBybitCEX · PENDLEUSDT+0.0100%8h—+0.030%+10.9%$2.46-0.085%$4.95M
Bitget logoBitgetCEX · PENDLEUSDT+0.0100%8h—+0.030%+10.9%$2.46+0.013%$1.24M
MEXC logoMEXCCEX · PENDLE_USDT+0.0100%8h03:34:24+0.030%+10.9%$2.46-0.069%$1.89M
OKX logoOKXCEX · PENDLE-USDT-SWAP+0.0050%4h03:34:24+0.030%+10.9%$2.46—$3.45M
KuCoin logoKuCoinCEX · PENDLEUSDTM+0.0100%8h03:34:24+0.030%+10.9%$2.46+0.004%$285.4K
Hyperliquid logoHyperliquidPerp DEX · PENDLE+0.0013%1h00:34:24+0.030%+10.9%$2.46+0.049%$1.70M
Aster logoAsterPerp DEX · PENDLEUSDT+0.0100%8h—+0.030%+10.9%$2.46+0.004%—
Variational logoVariationalCEX · PENDLE+0.0100%8h—+0.030%+10.9%$2.46—$167.0K
Gate logoGateCEX · PENDLE_USDT-0.0003%8h03:34:24-0.001%-0.3%$2.46-0.085%$241.2K

PENDLE funding rate explained

Right now Pendle (PENDLE) perpetual futures trade on 10 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Gate at -0.001%. The average across all venues is +0.027% per day, or about +9.8% a year. Positive funding means PENDLE longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.031% per day. A delta-neutral position that shorts PENDLE on Binance and goes long on Gate would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live PENDLE arbitrage board for the price side of the trade.

Settlement intervals differ: PENDLE funding is paid every 1 hour, 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: PENDLE arbitrage · Pendle price · funding rates for all coins.

What is the PENDLE funding rate today?

The average PENDLE funding rate across 10 exchanges is +0.027% per 24 hours. It ranges from -0.001% on Gate to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest PENDLE funding rate?

Binance currently has the highest PENDLE funding at +0.030% per day, and Gate the lowest at -0.001%.

How often is PENDLE funding paid?

PENDLE perpetuals settle funding every 1 hour, 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is PENDLE funding positive or negative?

On average it is positive (+0.027% per day): longs pay shorts.