# PENDLE Funding Rate on Hyperliquid

As of 2026-10-03 06:47 UTC, the PENDLE perpetual on Hyperliquid pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 10th highest of 25 exchanges shown, against a volume-weighted average of 0.0030% per 8 hours (3.25% APR). Over the last 7 days Hyperliquid averaged 0.0100% per 8 hours (11.00% APR). The next funding is at 2026-10-03 07:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/pendle/kraken) | [PENDLE/USD:USD](https://pro.kraken.com/app/trade/futures-pendle-usd-perp) | 0.0025% | 1h | 22.28% | — |
| [XT.COM](https://arbtide.com/funding-rates/pendle/xt) | [PENDLE/USDT:USDT](https://www.xt.com/en/futures/trade/pendle_usdt) | 0.0100% | 8h | 10.96% | 2026-10-03 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/pendle/bybit) | [PENDLE/USDT:USDT](https://www.bybit.com/trade/usdt/PENDLEUSDT) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [OKX](https://arbtide.com/funding-rates/pendle/okx) | [PENDLE/USDT:USDT](https://www.okx.com/trade-swap/pendle-usdt-swap) | 0.0050% | 4h | 10.95% | 2026-10-03 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/pendle/bitget) | [PENDLE/USDT:USDT](https://www.bitget.com/futures/usdt/PENDLEUSDT) | 0.0100% | 8h | 10.95% | — |
| [KuCoin](https://arbtide.com/funding-rates/pendle/kucoin) | [PENDLE/USDT:USDT](https://www.kucoin.com/trade/futures/PENDLEUSDTM) | 0.0100% | 8h | 10.95% | 2026-10-03 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/pendle/bingx) | [PENDLE/USDT:USDT](https://bingx.com/en/perpetual/PENDLE-USDT) | 0.0100% | 8h | 10.95% | — |
| [BTSE](https://arbtide.com/funding-rates/pendle/btse) | [PENDLE/USDT:USDT](https://www.btse.com/en/futures/PENDLE-PERP) | 0.0100% | 8h | 10.95% | — |
| [Backpack](https://arbtide.com/funding-rates/pendle/backpack) | [PENDLE/USDC:USDC](https://backpack.exchange/trade/PENDLE_USDC_PERP) | 0.0013% | 1h | 10.95% | 2026-10-03 07:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/pendle/hyperliquid) | [PENDLE/USDC:USDC](https://app.hyperliquid.xyz/trade/PENDLE) | 0.0013% | 1h | 10.95% | 2026-10-03 07:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/pendle/lighter) | [PENDLE/USDC:USDC](https://app.lighter.xyz/trade/PENDLE) | 0.0096% | 8h | 10.51% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/pendle/whitebit) | [PENDLE/USDT:USDT](https://whitebit.com/trade/PENDLE-PERP?type=futures) | 0.0072% | 8h | 7.88% | 2026-10-03 08:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/pendle/paradex) | [PENDLE/USD:USDC](https://app.paradex.trade/trade/PENDLE-USD-PERP) | 0.0065% | 8h | 7.08% | — |
| [Gate](https://arbtide.com/funding-rates/pendle/gate) | [PENDLE/USDT:USDT](https://www.gate.com/futures/USDT/PENDLE_USDT) | 0.0021% | 8h | 2.30% | 2026-10-03 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/pendle/aster) | [PENDLE/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PENDLEUSDT) | 0.0008% | 8h | 0.82% | — |
| [dYdX](https://arbtide.com/funding-rates/pendle/dydx) | [PENDLE/USDC:USDC](https://dydx.trade/trade/PENDLE-USD) | 0.0000% | 1h | 0.00% | 2026-10-03 07:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pendle/weex) | [PENDLE/USDT:USDT](https://www.weex.com/futures/PENDLE-USDT) | -0.0014% | 8h | -1.54% | 2026-10-03 06:47 UTC |
| [Extended](https://arbtide.com/funding-rates/pendle/extended) | [PENDLE/USDC:USDC](https://app.extended.exchange/perp/PENDLE-USD) | -0.0003% | 1h | -2.63% | 2026-10-03 07:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/pendle/mexc) | [PENDLE/USDT:USDT](https://www.mexc.com/futures/PENDLE_USDT) | -0.0025% | 8h | -2.74% | 2026-10-03 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pendle/binance) | [PENDLE/USDT:USDT](https://www.binance.com/en/futures/PENDLEUSDT) | -0.0026% | 8h | -2.82% | 2026-10-03 08:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pendle/lbank) | [PENDLE/USDT:USDT](https://www.lbank.com/futures/pendleusdt) | -0.0026% | 8h | -2.82% | 2026-10-03 08:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/pendle/toobit) | [PENDLE/USDT:USDT](https://www.toobit.com/en-US/futures/PENDLE-SWAP-USDT) | -0.0026% | 8h | -2.82% | 2026-10-03 08:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/pendle/woofipro) | [PENDLE/USDC:USDC](https://pro.woofi.com/en/trade/PENDLE_PERP) | -0.0033% | 8h | -3.66% | 2026-10-03 08:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/pendle/deepcoin) | [PENDLE/USDT:USDT](https://www.deepcoin.com/en/swap/PENDLE-USDT) | -0.0059% | 8h | -6.46% | — |
| [Crypto.com](https://arbtide.com/funding-rates/pendle/cryptocom) | [PENDLE/USD:USD](https://crypto.com/exchange/trade/PENDLEUSD-PERP) | -0.0197% | 1h | -172.93% | 2026-10-03 07:00 UTC |

## Frequently asked questions

### What is the PENDLE funding rate on Hyperliquid?

0.0013% per 1h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0100% per 8 hours (11.00% APR).

### How often does Hyperliquid pay PENDLE funding?

Every hour. The next payment is at 2026-10-03 07:00 UTC.

### Is PENDLE funding on Hyperliquid higher than on other exchanges?

Hyperliquid is the 10th highest of 25 exchanges shown. The highest is Kraken at 0.0025% per 1h (22.28% APR) and the lowest is Deepcoin at -0.0059% per 8h (-6.46% APR).

### How do you arbitrage PENDLE funding with Hyperliquid?

Long PENDLE on Deepcoin and short on Hyperliquid for a gross spread of 0.0159% per 8 hours (17.41% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.
