PENDLE Funding Rate (Pendle)
Compare Pendle perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute
Pendle current price: $1.62
PENDLE Funding Rate by Exchange
Next settlement --:--:--| # | Exchange | Funding Rate | APR | Settlement Interval | Next Settlement | Open Interest |
|---|---|---|---|---|---|---|
| 1 | Binance | +0.0100% | +10.95% | 8h | 08:00 UTC | $15.5M |
| 2 | Hyperliquid | +0.0013% | +10.95% | 1h | — | $8.4M |
| 3 | Bybit | -0.0048% | -5.22% | 8h | 08:00 UTC | $7.5M |
| 4 | MEXC | +0.0100% | — | — | — | $5.9M |
| 5 | KuCoin | +0.0100% | +10.95% | 8h | 08:00 UTC | $3.0M |
| 6 | WhiteBIT | +0.0100% | +10.95% | 8h | 08:00 UTC | $2.9M |
| 7 | Bitget | +0.0100% | +10.95% | 8h | — | $2.1M |
| 8 | Gate | +0.0100% | +10.95% | 8h | 08:00 UTC | $0.4M |
| 9 | Backpackhighest | +0.0160% | +139.93% | 1h | 01:00 UTC | $0.3M |
| 10 | Lighter | +0.0096% | +84.10% | 1h | — | $0.3M |
| 11 | Coinbase | -0.0063% | -55.19% | 1h | — | $0.1M |
| 12 | Kraken | +0.0107% | — | — | — | $0.1M |
| 13 | Crypto.com | -0.0025% | — | — | — | $0.1M |
| 14 | CoinEx | +0.0000% | +0.00% | 8h | 16:00 UTC | $0.0M |
| 15 | Paradex | +0.0100% | +10.93% | 8h | — | $0.0M |
| 16 | edgeX | -0.0118% | -25.90% | 4h | 04:00 UTC | $0.0M |
| 17 | dYdX | +0.0000% | +0.00% | 1h | — | $0.0M |
| 18 | Aster | +0.0013% | +10.95% | 1h | 01:00 UTC | $0.0M |
| 19 | BingX | +0.0100% | — | — | 08:00 UTC | — |
| 20 | Bitunix | +0.0100% | +10.95% | 8h | 08:00 UTC | — |
| 21 | LBank | +0.0100% | — | — | 08:00 UTC | — |
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0054%
OI-Weighted Rate
+0.0060%
Volume-Weighted Rate
+0.0074%
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.
| Exchange | 1D | 7D | 30D | 90D |
|---|---|---|---|---|
| Binance | +0.0000% | +0.1029% | +0.3183% | +0.3183% |
About Pendle Funding Rate
What is the PENDLE funding rate?
The PENDLE funding rate is a periodic payment between long and short traders on Pendle 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 0.0054% across 21 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 backpack shows the highest (or most extreme) PENDLE funding rate among tracked exchanges, at 0.0160%. 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.
More Coin Funding Rates
View full funding rate matrix ›BTCETHSOLXRPBNBDOGEHYPEZECOKBSKLADALINKAVAXXLMBCHUNIAAVESUINEARARBENAWLDBLURYFIHOTKAITOTRXXMRCCGRAMLTCHBARXAUTTAOWLFIPAXGASTERDEXEONDODOTSKYMORPHOICPETCPIJSTBEATPOLATOMRENDER
View full funding rate matrix › (+238)
KASALGOJUPLITFILPUMPAPTVVVNIGHTAEROINJCAKEDASHVIRTUALVETPENGUPYTHTRUMPETHFITIAFETSPXSEIZROCRVJTOKITEMONXTZLDOGRASSXPLCFXOPJASMYSYRUPSTRKGRTUBIOTACHZVELVETAXSFFEIGENENSCOMPAPEWIFFARTCOINTHETAMANAHRUNERIFSANDSNXARAWEAGWEIGENIUSIMXDYDXZKGALASENT1INCHALLOUAIBILLATHUSELESSEGLDMETQSAFELPTRSRBANANAS31ARCZENARKMZAMAORDIRIVERSYNRAVEBASCHIPRVNPLUMEKSMIOWBIOHOMEBERALINEASOONTURBOCOAIENJMEGAHOLOBABYAPRREDDUSKMOVEGPSROSEPOPCATTRBPNUTBARD0GALTCELOMOODENGESPJCTNOTNESRPLARXMEZEREBROSKYAIMEMEATSAHARAFOGOVANABSBZESTPRLROBOBOMEPEOPLEIRYSMANTAGIGGLECLOSTGMERLIOTXOPGTRIABASEDCOLLECTHYPERFRAXBLUAIMETISDOGSAIXBTTACSAPIENBREVBIRBPIPPINEDENMOVRTAIKOINSPELLWETUSUALENSOXAISCRTMIRAAGLDBANANACTRHMSTRALICEEPICKATOGNLAHEIGUNRARERESOLVTSTMAVTUTTRUSTBELTHEFIGHTZILAXLFLUIDASTRCFGSTABLEKMNOBRETTMINAPIEVERSENEOSUNANKRCHRELSAUMAC98PORTALTREESTARTRADOORCYBEREDUCORE4OGBANDMASKZKCICNTSUSHIARKGMTSIGNFIDADRIFTPOWRPHASTONILZORAINX龙虾币安人生我踏马来了