PENDLE funding arbitrage: backpack vs gravitymarkets
Long PENDLE_USDC_PERP on backpack against short PENDLE_USDT_Perp on gravitymarkets.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | backpack | PENDLE_USDC_PERP | 0.0013% / 1h | +10.95% | $101.7K | $60.7K |
| Short | gravitymarkets | PENDLE_USDT_Perp | 0.0100% / 8h | +10.95% | $334.9K | $312.0K |
Funding spread +0.00% APR. Price spread -0.0888%.
Data generated at 2026-09-01T05:33:28Z. Live numbers load on this page automatically.