Funding you earn now, next payment 01:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.001%
Price spread now: GRVT against dYdX−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.028% cheaper against dYdX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENDLE-USD | 2.5298 | 0 | get 0.0000% / 1h | 40m 58s | $11K | — | 5x |
| Short | GRVT PENDLE_USDT_Perp | 2.5291 | 0.0008 | get 0.0008% / 8h | 7h 40m | $427K | $1.6M | 10x |
dYdX PENDLE-USD
GRVT PENDLE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.68
- Price spread: −0.028% → 0.000%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$20.08
- Costs to cover
- 0.190%
- Break-even
- 90.7 days
Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 2 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 GRVT live order book, 2 min ago | 1.78 bp | 9.7 bp −$10 | 24.2 bp −$242 | 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 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 | −0.4643% | 1h | 2.4970 | −1.295% | $2K | $54K | 5.5x | as long as short |
| Gate PENDLE_USDT | −0.0225% | 8h | 2.5270 | −0.110% | $780K | $1.2M | 75x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0185% | 1h | 2.5272 | −0.102% | $26K | $14K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.0081% | 8h | 2.5260 | −0.149% | $1.3M | $711K | 75x | as long as short |
| Extended PENDLE-USD | −0.0080% | 1h | 2.5279 | −0.074% | $167K | $733K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0077% | 8h | 2.5293 | −0.019% | $27.3M | $42.7M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0074% | 8h | 2.5280 | −0.070% | $17.1M | $1.9M | 125x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0054% | 1h | 2.5317 | +0.076% | $77K | $238K | 50x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0015% | 8h | 2.5270 | −0.110% | $20K | $16K | 10x | as long as short |
| dYdX PENDLE-USDlong | 0.0000% | 1h | 2.5298 | long leg | $11K | — | 5x |
Injective PENDLE/USDC PERP
Gate PENDLE_USDT
Deribit PENDLE_USDC-PERPETUAL
BloFin PENDLE-USDT
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
ApeX Omni PENDLEUSDT
Orderly PERP_PENDLE_USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT PENDLE_USDT_Perpshort | +0.0008% | 8h | 2.5291 | −0.028% | $427K | $1.6M | 10x | |
| Variational Omni PENDLE | +0.0013% | 8h | 2.5266 | −0.125% | $610K | $1.9M | — | as long as short |
| Reya PENDLERUSDPERP | +0.0049% | 1h | 2.5278 | −0.079% | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | +0.0064% | 1h | 2.5263 | −0.137% | $26K | — | 3x | as long as short |
| Bybit PENDLEUSDT | +0.0084% | 8h | 2.5290 | −0.031% | $15.6M | $12.1M | 50x | as long as short |
| Aster PENDLEUSDT | +0.0087% | 8h | 2.5280 | −0.071% | $47K | $178K | 10x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5283 | −0.058% | $535K | $413K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5260 | −0.151% | $35K | $18K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5290 | −0.031% | $3.3M | $6.1M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5308 | +0.041% | $888K | $593K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5266 | −0.125% | $3.8M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5291 | −0.027% | — | $35.7M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5337 | +0.156% | $25K | $380K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5299 | +0.005% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5274 | −0.094% | $2K | $1.8M | 20x | as long as short |
| Hyperliquid PENDLE | +0.0158% | 1h | 2.5328 | +0.120% | $12.9M | $6.3M | 5x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0203% / S −0.0382% | 1h | 2.5284 | −0.054% | $7K | — | 100x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0615% | 1h | 2.5319 | +0.084% | $118K | $294K | 20x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0728% | 1h | 2.5360 | +0.246% | $141K | $441K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0873% | 1h | 2.5322 | +0.096% | $333K | $487K | 15x | as long as short |
Variational Omni PENDLE
Reya PENDLERUSDPERP
Aevo PENDLE-PERP
Bybit PENDLEUSDT
Aster PENDLEUSDT
Lighter PENDLE
Paradex PENDLE-USD-PERP
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
Hyperliquid PENDLE
GMX PENDLE/USD [PENDLE-USDC]
Kraken Futures PF_PENDLEUSD
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP