As mentioned before by two people, if you want to for practical applications you can assume that the drag force is negligible. Should you really want to calculate the drag force then you can do so. The thing is you would calculate it the same way as a free-falling object. Why?
Well (air)-drag is not direction dependent, it depends on the speed (along the curvature of the circle described by the chain and pivot); it depends on the shape of the face of the object (luckily a sphere makes this easy as it's the same shape in every direction); the viscosity and the density of the fluid (air in this case); and the surface area of the face (for a sphere this is the cross-section, so the area of a circle).
Meaning that if you could calculate drag force if it was free-falling than you could also do so if it's on a pendulum.