PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.074%

Price spread now: GMX against dYdX−0.014%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 GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENDLE-USD	2.5106	0	get 0.0000% / 1h	57m 29s	$11K	—	5x
Short	GMX PENDLE/USD [PENDLE-USDC]	2.5103	L +0.0199% / S −0.0256%	get 0.0032% / 1h	57m 29s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $53.78
Price spread: −0.014% → 0.000%: −$1.35
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $30.43
Costs to cover: 0.220%
Break-even: 3.0 days

Slippage unknown: dYdX: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—

dYdX and GMX: 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 venues

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
Injective PENDLE/USDC PERP	−0.5000%	1h	2.5100	−0.025%	$2K	$54K	5.5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0069%	1h	2.5091	−0.061%	$30K	$10K	10x	as long as short
ApeX Omni PENDLEUSDT	−0.0049%	1h	2.5046	−0.240%	$76K	$239K	50x	as long as short
MEXC PENDLE_USDT	−0.0009%	8h	2.5113	+0.027%	$17.0M	$1.9M	125x	as long as short
Binance PENDLEUSDT	−0.0009%	8h	2.5111	+0.020%	$27.1M	$41.4M	75x	as long as short
Extended PENDLE-USD	−0.0008%	1h	2.5095	−0.043%	$165K	$526K	10x	as long as short
BloFin PENDLE-USDT	−0.0002%	8h	2.5024	−0.328%	$1.3M	$750K	75x	as long as short
dYdX PENDLE-USDlong	0.0000%	1h	2.5106	long leg	$11K	—	5x
Orderly PERP_PENDLE_USDC	+0.0010%	8h	2.5086	−0.081%	$20K	$16K	10x	as long as short
Reya PENDLERUSDPERP	+0.0043%	1h	2.5116	+0.038%	$4K	—	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni PENDLE	+0.0061%	8h	2.4982	−0.496%	$552K	$2.0M	—	as long as short
GRVT PENDLE_USDT_Perp	+0.0065%	8h	2.5031	−0.300%	$416K	$1.6M	10x	as long as short
Aevo PENDLE-PERP	+0.0080%	1h	2.5076	−0.122%	$26K	—	3x	as long as short
Lighter PENDLE	+0.0096%	1h	2.5109	+0.011%	$529K	$415K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.5108	+0.008%	$35K	$18K	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.5159	+0.210%	$12.4M	$6.0M	5x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.5103	−0.011%	$44K	$177K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.5099	−0.029%	$15.4M	$11.9M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.5100	−0.025%	$3.3M	$6.0M	50x	as long as short
Gate PENDLE_USDT	+0.0100%	8h	2.5090	−0.065%	$783K	$1.2M	75x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.5121	+0.059%	$894K	$597K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.5103	−0.013%	$3.7M	$2.7M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.5108	+0.007%	—	$35.7M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.5027	−0.316%	$25K	$395K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.5141	+0.138%	$16K	$20K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.5096	−0.041%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]short	L +0.0199% / S −0.0256%	1h	2.5103	−0.014%	$5K	—	100x
Kraken Futures PF_PENDLEUSD	+0.0597%	1h	2.5139	+0.129%	$119K	$303K	20x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0600%	1h	2.5080	−0.104%	$139K	$463K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.1133%	1h	2.5146	+0.158%	$324K	$494K	15x	as long as short