# PENDLE funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/PENDLE/funding · window: last 30 days · generated 2026-09-23T19:05 UTC

What PENDLE (Pendle) actually paid over the last 30 days: 6,222 settlements across 25 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Backpack paid the most over the window at +1.9130% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 84% of the 6,222 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +1.9130% on Backpack to -0.3823% on edgeX V2 — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Backpack | 719 | +1.9130% | +23.32% | +0.0152% | -0.0065% | 2026-09-23 18:00 UTC |
| Hyperliquid | 719 | +1.0444% | +12.73% | +0.0122% | +0.0013% | 2026-09-23 18:00 UTC |
| BloFin | 90 | +0.9620% | +11.71% | +0.0400% | -0.0079% | 2026-09-23 16:00 UTC |
| Bybit | 180 | +0.9000% | +10.96% | +0.0050% | +0.0050% | 2026-09-23 16:00 UTC |
| KuCoin | 90 | +0.8982% | +10.94% | +0.0100% | +0.0082% | 2026-09-23 16:00 UTC |
| Paradex | 100 | +0.8879% | +9.73% | +0.0100% | -0.0011% | 2026-09-23 16:00 UTC |
| OKX | 180 | +0.8726% | +10.62% | +0.0050% | -0.0063% | 2026-09-23 16:00 UTC |
| Bitget | 90 | +0.8418% | +10.25% | +0.0100% | -0.0129% | 2026-09-23 16:00 UTC |
| Aster | 413 | +0.8204% | +2.18% | +0.0100% | -0.0035% | 2026-09-23 16:00 UTC |
| BingX | 90 | +0.7802% | +9.50% | +0.0100% | -0.0146% | 2026-09-23 16:00 UTC |
| grvt | 90 | +0.7414% | +9.03% | +0.0100% | -0.0072% | 2026-09-23 16:00 UTC |
| Extended | 719 | +0.7077% | +8.63% | +0.0013% | -0.0019% | 2026-09-23 18:00 UTC |
| Bitunix | 90 | +0.7056% | +8.59% | +0.0107% | -0.0044% | 2026-09-23 16:00 UTC |
| Pionex | 90 | +0.6978% | +8.50% | +0.0100% | -0.0090% | 2026-09-23 16:00 UTC |
| Gate.io | 90 | +0.6849% | +8.34% | +0.0100% | -0.0173% | 2026-09-23 16:00 UTC |
| Hotcoin | 90 | +0.6791% | +8.27% | +0.0130% | -0.0093% | 2026-09-23 16:00 UTC |
| Binance Futures | 90 | +0.6670% | +8.12% | +0.0100% | -0.0093% | 2026-09-23 16:00 UTC |
| Toobit | 90 | +0.6657% | +8.10% | +0.0100% | -0.0093% | 2026-09-23 16:00 UTC |
| WEEX | 90 | +0.6657% | +8.10% | +0.0100% | -0.0093% | 2026-09-23 16:00 UTC |
| MEXC | 90 | +0.6638% | +8.08% | +0.0100% | -0.0096% | 2026-09-23 16:00 UTC |
| ApeX | 719 | +0.4997% | +6.09% | +0.0013% | -0.0106% | 2026-09-23 18:00 UTC |
| WOOFi Pro | 90 | +0.3581% | +4.36% | +0.0103% | -0.0102% | 2026-09-23 16:00 UTC |
| Polymarket | 314 | +0.1794% | +5.01% | +0.0013% | -0.0104% | 2026-09-23 18:00 UTC |
| dYdX | 719 | +0.0190% | +0.23% | +0.0016% | -0.0030% | 2026-09-23 18:00 UTC |
| edgeX V2 | 180 | -0.3823% | -4.65% | +0.0050% | -1.2773% | 2026-09-23 16:00 UTC |

## FAQ

### Is the PENDLE funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 84% of the 6,222 settlements recorded here.

### Which exchange has paid the most settled PENDLE funding recently?

Backpack paid the most over the last 30 days at +1.9130% of position size across 719 settlements, an average annualized rate of +23.32%. This is a sum of actual payments, not a forecast.

### How often is PENDLE funding actually paid?

Over the last 30 days, ORBIT recorded 6,222 funding settlements for PENDLE across 25 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled PENDLE funding spread between venues?

Over the last 30 days, settled totals ranged from +1.9130% on Backpack to -0.3823% on edgeX V2. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/PENDLE · Screener: https://orbitperpscreener.com/screener