Funding Rate (PENDLE)

Compare perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

current price: $1.94

Rate MatrixHeatmapCumulative Fees

PENDLE Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binancehighest+0.0100%+10.95%8h08:00 UTC$18.9M
2Bybit+0.0100%+10.95%8h08:00 UTC$12.3M
3MEXC+0.0100%$8.9M
4Hyperliquid+0.0013%+10.95%1h$8.0M
5WhiteBIT+0.0100%+10.95%8h08:00 UTC$3.5M
6Bitget+0.0100%+10.95%8h$2.8M
7KuCoin+0.0100%+10.95%8h08:00 UTC$1.4M
8Gate+0.0100%+10.95%8h08:00 UTC$0.7M
9Lighter+0.0096%+84.10%1h$0.4M
10Crypto.com-0.0012%$0.1M
11Kraken-0.0097%$0.1M
12Backpack+0.0013%+10.95%1h07:00 UTC$0.1M
13Coinbase+0.0048%+42.05%1h$0.1M
14CoinEx+0.0000%+0.00%8h16:00 UTC$0.0M
15Paradex+0.0100%+10.94%8h$0.0M
16Aster+0.0013%+10.95%1h07:00 UTC$0.0M
17dYdX+0.0000%+0.00%1h$0.0M
18BingX+0.0100%08:00 UTC
19Bitunix+0.0100%+10.95%8h08:00 UTC
20LBank+0.0100%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0059%
OI-Weighted Rate
+0.0087%
Volume-Weighted Rate
+0.0092%

PENDLE Funding Rate History

PENDLE Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0100%+0.1483%+0.6787%+1.2353%
Bybit+0.0000%+0.0000%+0.0500%+0.0500%
OKX+0.0000%+0.0000%+0.0500%+0.0500%
Bitget+0.0000%+0.0000%+0.0500%+0.0500%
Gate+0.0000%+0.0000%+0.0500%+0.0500%

About Funding Rate

What is the PENDLE funding rate?

The PENDLE funding rate is a periodic payment between long and short traders on perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged PENDLE perpetual position.

What does a positive or negative PENDLE funding rate mean?

A persistently positive PENDLE funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current PENDLE funding rate?

As of now, the PENDLE funding rate averages 0.0059% across 20 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest PENDLE funding rate?

Right now binance shows the highest (or most extreme) PENDLE funding rate among tracked exchanges, at 0.0100%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.