PENDLE funding rates
PENDLE funding is +0.0100% per 8h on Aster right now, +11.0% annualized; 12 exchanges quote the perpetual.
Rates by exchange
live| Exchange | Mark | Index | Mark vs index | Funding | APR | Interval | Next settlement |
|---|---|---|---|---|---|---|---|
 Aster | 2.0752 | 2.0751 | +0.0054% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 BingX | 2.0738 | 2.0738 | 0.0000% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 Bybit USDC | 2.0692 | 2.0692 | 0.0000% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
| Bybit USDT | 2.0756 | 2.0768 | -0.0578% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 Hyperliquid | 2.0779 | 2.0770 | +0.0433% | +0.0013% | +11.0% | 1h | 11:59 AM UTC |
 KuCoin | 2.0743 | 2.0741 | +0.0096% | +0.0100% | +11.0% | 8h | 03:59 PM UTC |
 OKX | 2.0760 | 2.0730 | +0.1447% | +0.0050% | +11.0% | 4h | 11:59 AM UTC |
 Lighter | 2.0760 | 2.0775 | -0.0722% | +0.0012% | +10.5% | 1h | 11:59 AM UTC |
 Gate | 2.0720 | 2.0729 | -0.0434% | +0.0077% | +8.4% | 8h | 03:59 PM UTC |
 Bitget | 2.0742 | 2.0753 | -0.0531% | +0.0071% | +7.8% | 8h | 03:59 PM UTC |
 Binance | 2.0766 | 2.0757 | +0.0427% | +0.0055% | +6.0% | 8h | 03:59 PM UTC |
 LBank | 2.0758 | 2.0744 | +0.0675% | +0.0055% | +6.0% | 8h | 03:59 PM UTC |
 MEXC USDC | 2.0727 | 2.0705 | +0.1063% | +0.0054% | +5.9% | 8h | 03:59 PM UTC |
| MEXC USDT | 2.0761 | 2.0761 | 0.0000% | +0.0054% | +5.9% | 8h | 03:59 PM UTC |
Top pairings for PENDLE
| Long | Short | Kind | Funding / 24h | |
|---|---|---|---|---|
| LBank spot 2.0760 | Bybit margin 2.0799 | hedge | -0.014% | Open in scanner |
| LBank spot 2.0760 | Bybit spot 2.0799 | spot-spot | — | Open in scanner |
| Bybit perp 2.0692 | Hyperliquid perp 2.0779 | perp-perp | 0.000% | Open in scanner |
| LBank spot 2.0760 | Bitget spot 2.0710 | spot-spot | — | Open in scanner |
| MEXC perp 2.0727 | Hyperliquid perp 2.0779 | perp-perp | +0.014% | Open in scanner |
202 pairings in the scanner
See every pairing live
The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.
The table shows every exchange where PENDLE trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.
A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.
The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.
FAQ
What is a funding rate?
A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.
How is the annualized rate computed?
The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.
Why does the rate differ between exchanges?
Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.