English

PENDLE perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-15 04:09 UTC

PENDLE is quoted on 9 contracts. The highest funding rate is on Bitget at +10.95% annualised, quoted per 8h, and the lowest is on Gate at -15.22% — a gap of 26.17 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.

Highest rate now
+10.95%
Bitget · 8h
Lowest rate now
-15.22%
Gate · 8h
Spread
26.17
points
Highest 30d realised APR
+12.89%
Hyperliquid

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BitgetCentralisedPENDLEUSDT +0.0100%8h +10.95% +10.36%
Annualised · +10.36% · range -14.1% … +11.0% · 90 settlements
75x 2.7M
BybitCentralisedPENDLEPERP +0.0050%4h +10.95% —
no history yet
20x 70.2K
BybitCentralisedPENDLEUSDT +0.0100%8h +10.95% +3.39%
Annualised · +3.39% · range -32.5% … +11.0% · 90 settlements
50x 5.7M
HyperliquidOn-chainPENDLE +0.0013%1h +10.95% +12.89%
Annualised · +12.89% · range +11.0% … +106.7% · 719 settlements
5x 2.5M
OKXCentralisedPENDLE-USDT-SWAP +0.0050%4h +10.95% +9.33%
Annualised · +9.33% · range -21.7% … +11.0% · 179 settlements
50x 3.7M
LighterOn-chainPENDLE +0.0096%8h +10.51% —
no history yet
5x 226.2K
AsterOn-chainPENDLEUSDT -0.0020%8h -2.17% —
no history yet
10x 93.1K
BinanceCentralisedPENDLEUSDT -0.0092%8h -10.04% +4.79%
Annualised · +4.79% · range -16.2% … +11.0% · 90 settlements
75x 25.8M
GateCentralisedPENDLE_USDT -0.0139%8h -15.22% +6.19%
Annualised · +6.19% · range -32.7% … +11.0% · 73 settlements
75x 467.5K

Common questions

Which exchanges list PENDLE perpetual futures?

PENDLE trades as 9 perpetual contracts across 8 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid, Lighter and OKX. The busiest is Binance, with $25.8M of 24h turnover — 62% of the total.

Where is PENDLE funding cheapest right now?

For a long, the most favourable collected rate is -15.22% annualised on Gate; for a short, it is +10.95% on Bitget — a gap of 26.17 points. Venues disagree on direction: a long is paid on Gate but pays on Bitget.

How much funding does a 10,000 USDT PENDLE position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Bitget and -4.17 USDT on Gate. Over the past 30 days Bitget actually settled an average of +2.84 USDT a day on the same position. A negative figure means the long is paid.

How often does PENDLE funding settle?

It depends on the venue: Hyperliquid and Lighter every 1h; Bybit and OKX every 4h; Aster, Binance, Bitget, Bybit and Gate every 8h.

What has PENDLE funding actually paid over the past 30 days?

The highest realised figure was on Hyperliquid: +12.89% annualised across 719 settlements, 0% of them negative. The lowest was Bybit PENDLEUSDT, at +3.39%. 6 of the 9 contracts have at least a week of settled history to measure.

What is the highest leverage available on PENDLE?

The highest collected cap is 75x, on Binance, Bitget and Gate. On Binance it applies up to 5K USDT of notional; above that the cap drops to 50x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

PENDLE comparison scope and payment direction

This page retains low-turnover PENDLE contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD, USDC and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Bitget · PENDLEUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.6600% 75.00x —
2 5000 – 20000 quote 1.5000% 50.00x —
3 20000 – 50000 quote 2.5000% 25.00x —
4 50000 – 100000 quote 3.0000% 20.00x —
5 100000 – 275000 quote 5.0000% 10.00x —
6 275000 – 1250000 quote 12.0000% 5.00x —
7 1250000 – 1350000 quote 15.0000% 4.00x —
8 1350000 – 2050000 quote 30.0000% 2.00x —
9 2050000 – ∞ quote 60.0000% 1.00x —

Bybit · PENDLEPERP With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 9000 quote 2.6300% 19.00x 6.5
3 9000 – 13000 quote 2.7800% 18.00x 20
4 13000 – 17000 quote 2.9400% 17.00x 40.8
5 17000 – 21000 quote 3.1300% 16.00x 73.1
6 21000 – 25000 quote 3.3300% 15.00x 115.1
7 25000 – 40000 quote 3.5700% 14.00x 175.1
8 40000 – 55000 quote 3.8500% 13.00x 287.1
9 55000 – 70000 quote 4.1700% 12.00x 463.1
10 70000 – 85000 quote 4.5500% 11.00x 729.1
11 85000 – 100000 quote 5.0000% 10.00x 1111.6
12 100000 – 110000 quote 5.2600% 9.50x 1371.6
13 110000 – 120000 quote 5.5600% 9.00x 1701.6
14 120000 – 130000 quote 5.8800% 8.50x 2085.6
15 130000 – 140000 quote 6.2500% 8.00x 2566.6
16 140000 – 150000 quote 6.6700% 7.50x 3154.6
17 150000 – 160000 quote 7.1400% 7.00x 3859.6
18 160000 – 170000 quote 7.6900% 6.50x 4739.6
19 170000 – 180000 quote 8.3300% 6.00x 5827.6
20 180000 – 190000 quote 9.0900% 5.50x 7195.6
21 190000 – 200000 quote 10.0000% 5.00x 8924.6
22 200000 – 350000 quote 11.1100% 4.50x 11144.6
23 350000 – 500000 quote 12.5000% 4.00x 16009.6
24 500000 – 625000 quote 14.2900% 3.50x 24959.6
25 625000 – 750000 quote 16.6700% 3.00x 39834.6
26 750000 – 875000 quote 20.0000% 2.50x 64809.6
27 875000 – 1000000 quote 25.0000% 2.00x 108559.6
28 1000000 – 1300000 quote 33.3300% 1.50x 191859.6
29 1300000 – 1600000 quote 40.0000% 1.25x 278569.6
30 1600000 – ∞ quote 50.0000% 1.00x 438569.6

Bybit · PENDLEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 50.00x —
2 5000 – 10000 quote 1.1100% 45.00x 5.5
3 10000 – 20000 quote 1.2500% 40.00x 19.5
4 20000 – 30000 quote 1.4300% 35.00x 55.5
5 30000 – 40000 quote 1.6700% 30.00x 127.5
6 40000 – 50000 quote 2.0000% 25.00x 259.5
7 50000 – 100000 quote 2.5000% 20.00x 509.5
8 100000 – 150000 quote 3.0000% 16.67x 1009.5
9 150000 – 200000 quote 3.5000% 14.29x 1759.5
10 200000 – 225000 quote 4.0000% 12.50x 2759.5
11 225000 – 250000 quote 4.5000% 11.11x 3884.5
12 250000 – 275000 quote 5.0000% 10.00x 5134.5
13 275000 – 300000 quote 5.5000% 9.09x 6509.5
14 300000 – 350000 quote 6.0000% 8.33x 8009.5
15 350000 – 375000 quote 6.5000% 7.69x 9759.5
16 375000 – 850000 quote 7.0000% 7.14x 11634.5
17 850000 – 950000 quote 7.5000% 6.67x 15884.5
18 950000 – 1050000 quote 8.0000% 6.25x 20634.5
19 1050000 – 1150000 quote 8.5000% 5.88x 25884.5
20 1150000 – 1250000 quote 9.0000% 5.56x 31634.5
21 1250000 – 1350000 quote 11.0000% 4.55x 56634.5
22 1350000 – 1450000 quote 13.0000% 3.85x 83634.5
23 1450000 – 1550000 quote 15.0000% 3.33x 112634.5
24 1550000 – 1650000 quote 17.0000% 2.94x 143634.5
25 1650000 – 1750000 quote 19.0000% 2.63x 176634.5
26 1750000 – 1850000 quote 21.0000% 2.38x 211634.5
27 1850000 – 1950000 quote 23.0000% 2.17x 248634.5
28 1950000 – 2050000 quote 25.0000% 2.00x 287634.5
29 2050000 – 2150000 quote 33.0000% 1.50x 451634.5
30 2150000 – ∞ quote 60.0000% 1.00x 1032134.5

Hyperliquid · PENDLE With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 10.0000% 5.00x —

OKX · PENDLE-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1500 base 1.0000% 50.00x —
2 1501 – 3200 base 1.5000% 40.00x —
3 3201 – 6500 base 3.0000% 20.00x —
4 6501 – 13000 base 3.5000% 18.18x —
5 13001 – 19500 base 4.0000% 16.66x —
6 19501 – 26000 base 4.5000% 15.38x —
7 26001 – 32500 base 5.0000% 14.28x —
8 32501 – 39000 base 5.5000% 13.33x —
9 39001 – 45500 base 6.0000% 12.50x —
10 45501 – 52000 base 6.5000% 11.76x —
11 52001 – 58500 base 7.0000% 11.11x —
12 58501 – 65000 base 7.5000% 10.52x —
13 65001 – 71500 base 8.0000% 10.00x —
14 71501 – 78000 base 8.5000% 9.52x —
15 78001 – 84500 base 9.0000% 9.09x —
16 84501 – 91000 base 9.5000% 8.69x —
17 91001 – 97500 base 10.0000% 8.33x —
18 97501 – 104000 base 10.5000% 8.00x —
19 104001 – 110500 base 11.0000% 7.69x —
20 110501 – 117000 base 11.5000% 7.40x —
21 117001 – 123500 base 12.0000% 7.14x —
22 123501 – 130000 base 12.5000% 6.89x —
23 130001 – 136500 base 13.0000% 6.66x —
24 136501 – 143000 base 13.5000% 6.45x —
25 143001 – 149500 base 14.0000% 6.25x —
26 149501 – 156000 base 14.5000% 6.06x —
27 156001 – 162500 base 15.0000% 5.88x —
28 162501 – 169000 base 15.5000% 5.71x —
29 169001 – 175500 base 16.0000% 5.55x —
30 175501 – 182000 base 16.5000% 5.40x —
31 182001 – 188500 base 17.0000% 5.26x —
32 188501 – 195000 base 17.5000% 5.12x —
33 195001 – 201500 base 18.0000% 5.00x —
34 201501 – 208000 base 18.5000% 4.87x —
35 208001 – 214500 base 19.0000% 4.76x —
36 214501 – 221000 base 19.5000% 4.65x —
37 221001 – 227500 base 20.0000% 4.54x —
38 227501 – 234000 base 20.5000% 4.44x —
39 234001 – 240500 base 21.0000% 4.34x —
40 240501 – 247000 base 21.5000% 4.25x —
41 247001 – 253500 base 22.0000% 4.16x —
42 253501 – 260000 base 22.5000% 4.08x —
43 260001 – 266500 base 23.0000% 4.00x —
44 266501 – 273000 base 23.5000% 3.92x —
45 273001 – 279500 base 24.0000% 3.84x —
46 279501 – 286000 base 24.5000% 3.77x —
47 286001 – 292500 base 25.0000% 3.70x —
48 292501 – 299000 base 25.5000% 3.63x —
49 299001 – 305500 base 26.0000% 3.57x —
50 305501 – 312000 base 26.5000% 3.50x —
51 312001 – 318500 base 27.0000% 3.44x —
52 318501 – 325000 base 27.5000% 3.38x —
53 325001 – 331500 base 28.0000% 3.33x —
54 331501 – 338000 base 28.5000% 3.27x —
55 338001 – 344500 base 29.0000% 3.22x —
56 344501 – 351000 base 29.5000% 3.17x —
57 351001 – 357500 base 30.0000% 3.12x —
58 357501 – 364000 base 30.5000% 3.07x —
59 364001 – 370500 base 31.0000% 3.03x —
60 370501 – 377000 base 31.5000% 2.98x —
61 377001 – 383500 base 32.0000% 2.94x —
62 383501 – 390000 base 32.5000% 2.89x —
63 390001 – 396500 base 33.0000% 2.85x —
64 396501 – 403000 base 33.5000% 2.81x —
65 403001 – 409500 base 34.0000% 2.77x —
66 409501 – 416000 base 34.5000% 2.73x —
67 416001 – 422500 base 35.0000% 2.70x —
68 422501 – 429000 base 35.5000% 2.66x —
69 429001 – 435500 base 36.0000% 2.63x —
70 435501 – 442000 base 36.5000% 2.59x —
71 442001 – 448500 base 37.0000% 2.56x —
72 448501 – 455000 base 37.5000% 2.53x —
73 455001 – 461500 base 38.0000% 2.50x —
74 461501 – 468000 base 38.5000% 2.46x —
75 468001 – 474500 base 39.0000% 2.43x —
76 474501 – 481000 base 39.5000% 2.40x —
77 481001 – 487500 base 40.0000% 2.38x —
78 487501 – 494000 base 40.5000% 2.35x —
79 494001 – 500500 base 41.0000% 2.32x —
80 500501 – 507000 base 41.5000% 2.29x —
81 507001 – 513500 base 42.0000% 2.27x —
82 513501 – 520000 base 42.5000% 2.24x —
83 520001 – 526500 base 43.0000% 2.22x —
84 526501 – 533000 base 43.5000% 2.19x —
85 533001 – 539500 base 44.0000% 2.17x —
86 539501 – 546000 base 44.5000% 2.15x —
87 546001 – 552500 base 45.0000% 2.12x —
88 552501 – 559000 base 45.5000% 2.10x —
89 559001 – 565500 base 46.0000% 2.08x —
90 565501 – 572000 base 46.5000% 2.06x —
91 572001 – 578500 base 47.0000% 2.04x —
92 578501 – 585000 base 47.5000% 2.02x —
93 585001 – 591500 base 48.0000% 2.00x —

Lighter · PENDLE No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 12.0000% 5.00x —

Aster · PENDLEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 500000 quote 5.0000% 10.00x —
2 500000 – 1000000 quote 10.0000% 5.00x 25000
3 1000000 – 2500000 quote 12.5000% 4.00x 50000
4 2500000 – 5000000 quote 16.6700% 3.00x 154250
5 5000000 – 10000000 quote 25.0000% 2.00x 570750
6 10000000 – 1000000000 quote 50.0000% 1.00x 3070750

Binance · PENDLEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 1.0000% 75.00x —
2 5000 – 10000 quote 1.5000% 50.00x 25
3 10000 – 50000 quote 2.0000% 25.00x 75
4 50000 – 100000 quote 2.5000% 20.00x 325
5 100000 – 175000 quote 3.3300% 15.00x 1155
6 175000 – 250000 quote 5.0000% 10.00x 4077.5
7 250000 – 750000 quote 10.0000% 5.00x 16577.5
8 750000 – 1500000 quote 12.5000% 4.00x 35327.5
9 1500000 – 4500000 quote 16.6700% 3.00x 97877.5
10 4500000 – 7500000 quote 25.0000% 2.00x 472727.5
11 7500000 – 12000000 quote 50.0000% 1.00x 2347727.5

Gate · PENDLE_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.8333% 75.00x —
2 5000 – 10000 quote 1.0000% 50.00x 8.335
3 10000 – 20000 quote 1.5000% 40.00x 58.335
4 20000 – 30000 quote 2.0000% 30.00x 158.335
5 30000 – 50000 quote 2.5000% 25.00x 308.335
6 50000 – 70000 quote 3.0000% 20.00x 558.335
7 70000 – 100000 quote 4.0000% 16.00x 1258.335
8 100000 – 150000 quote 5.0000% 14.00x 2258.335
9 150000 – 200000 quote 6.0000% 12.00x 3758.335
10 200000 – 300000 quote 8.0000% 10.00x 7758.335
11 300000 – 500000 quote 10.0000% 8.00x 13758.335
12 500000 – 700000 quote 12.0000% 6.00x 23758.335
13 700000 – 1000000 quote 15.0000% 5.00x 44758.335
14 1000000 – 2000000 quote 20.0000% 4.00x 94758.335
15 2000000 – 3000000 quote 30.0000% 3.00x 294758.335
16 3000000 – 5000000 quote 45.0000% 2.00x 744758.335
17 5000000 – 7000000 quote 60.0000% 1.50x 1494758.335
18 7000000 – ∞ quote 90.0000% 1.05x 3594758.335