PENDLE funding arbitrage: backpack vs hyperliquid
Long PENDLE_USDC_PERP on backpack against short PENDLE on hyperliquid.
| 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 | hyperliquid | PENDLE | 0.0013% / 1h | +10.95% | $967.4K | $8.00M |
Live funding and price spread for this pair update on the page.
Data generated at 2026-09-01T05:33:27Z. Live numbers load on this page automatically.