PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.016%

Price spread now: ApeX Omni against dYdX−0.108%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.108% cheaper against dYdX than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 8.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENDLE-USD	2.4479	0	get 0.0000% / 1h	58m 19s	$10K	—	5x
Short	ApeX Omni PENDLEUSDT	2.4453	0.0043	get 0.0005% / 1h	58m 19s	$74K	$231K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee ApeX OmnibpOrdersPrice spread, now −0.108%Rate

Funding earned: $9.07
Price spread: −0.108% → 0.000%: −$10.77
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$21.7
Costs to cover: 0.200%
Break-even: 23.7 days

Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 51 min ago	6.78 bp	14.7 bp −$15	97.6 bp −$976	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENDLE on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_PENDLEUSD	−0.0394%	1h	2.4453	−0.110%	$122K	$252K	20x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0282%	1h	2.4439	−0.165%	$25K	$10K	10x	as long as short
Binance PENDLEUSDT	−0.0076%	8h	2.4438	−0.170%	$25.5M	$46.2M	75x	as long as short
MEXC PENDLE_USDT	−0.0075%	8h	2.4436	−0.177%	$18.6M	$2.1M	125x	as long as short
Extended PENDLE-USD	−0.0072%	1h	2.4422	−0.233%	$158K	$940K	10x	as long as short
BloFin PENDLE-USDT	−0.0067%	8h	2.4436	−0.177%	$1.1M	$521K	75x	as long as short
dYdX PENDLE-USDlong	0.0000%	1h	2.4479	long leg	$10K	—	5x
Aster PENDLEUSDT	+0.0005%	8h	2.4467	−0.049%	$51K	$167K	10x	as long as short
Orderly PERP_PENDLE_USDC	+0.0014%	8h	2.4433	−0.189%	$18K	$14K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0033%	8h	2.4479	−0.003%	$417K	$3.0M	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni PENDLEUSDTshort	+0.0043%	1h	2.4453	−0.108%	$74K	$231K	50x
Aevo PENDLE-PERP	+0.0064%	1h	2.4421	−0.236%	$26K	—	3x	as long as short
Variational Omni PENDLE	+0.0069%	8h	2.4444	−0.143%	$575K	$1.0M	—	as long as short
Reya PENDLERUSDPERP	+0.0096%	1h	2.4436	−0.178%	$3K	—	15x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4473	−0.026%	$677K	$511K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4433	−0.188%	$34K	—	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.4487	+0.031%	$13.0M	$6.0M	5x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4435	−0.181%	$14.3M	$11.5M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4430	−0.202%	$3.1M	$6.8M	50x	as long as short
Gate PENDLE_USDT	+0.0100%	8h	2.4440	−0.161%	$776K	$959K	75x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4469	−0.042%	$688K	$498K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4450	−0.120%	$3.9M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4444	−0.144%	—	$8.3M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4449	−0.123%	$23K	$369K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4469	−0.042%	$16K	$4K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4458	−0.087%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0184% / S −0.0207%	1h	2.4453	−0.107%	$5K	—	100x	as long as short
Backpack PENDLE_USDC_PERP	+0.0533%	1h	2.4504	+0.101%	$366K	$418K	15x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0680%	1h	2.4550	+0.289%	$168K	$538K	25x	as long as short
Injective PENDLE/USDC PERP	+0.3871%	1h	2.4660	+0.738%	$2K	$55K	5.5x	as long as short