Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Paradex against dYdX+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.040% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread 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 | 2.5141 | 0 | get 0.0000% / 1h | 49m 48s | $11K | — | 5x |
| Short | Paradex PENDLE-USD-PERP | 2.5151 | 0.0100 | get 0.0100% / 8h | 6h 49m | $35K | $16K | 10x |
dYdX PENDLE-USD
Paradex PENDLE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $21
- Price spread: +0.040% → 0.000%
- $4
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $11
- Costs to cover
- 0.140%
- Break-even
- 3.3 days
Slippage unknown: dYdX: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
dYdX and Paradex: 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 | −0.4742% | 1h | 2.4750 | −1.555% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0823% | 1h | 2.5144 | +0.012% | $26K | $14K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0640% | 1h | 2.5131 | −0.040% | $77K | $237K | 50x | as long as short |
| Bybit PENDLEUSDT | −0.0163% | 8h | 2.5140 | −0.004% | $15.4M | $12.1M | 50x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0129% | 8h | 2.5154 | +0.052% | $420K | $1.7M | 10x | as long as short |
| Extended PENDLE-USD | −0.0112% | 1h | 2.5148 | +0.027% | $163K | $565K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.0112% | 8h | 2.5148 | +0.028% | $1.3M | $655K | 75x | as long as short |
| Binance PENDLEUSDT | −0.0111% | 8h | 2.5163 | +0.088% | $27.2M | $43.2M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0111% | 8h | 2.5143 | +0.008% | $17.4M | $1.8M | 125x | as long as short |
| Gate PENDLE_USDT | −0.0041% | 8h | 2.5150 | +0.036% | $785K | $1.2M | 75x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
Bybit PENDLEUSDT
GRVT PENDLE_USDT_Perp
Extended PENDLE-USD
BloFin PENDLE-USDT
Binance PENDLEUSDT
MEXC PENDLE_USDT
Gate PENDLE_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | −0.0040% | 8h | 2.5116 | −0.099% | $599K | $1.8M | — | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0031% | 8h | 2.5140 | −0.004% | $20K | $16K | 10x | as long as short |
| dYdX PENDLE-USDlong | 0.0000% | 1h | 2.5141 | long leg | $11K | — | 5x | |
| Aster PENDLEUSDT | +0.0011% | 8h | 2.5161 | +0.078% | $50K | $180K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0053% | 1h | 2.5134 | −0.027% | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | +0.0056% | 1h | 2.5141 | −0.001% | $26K | — | 3x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5147 | +0.024% | $535K | $414K | 5x | as long as short |
| Paradex PENDLE-USD-PERPshort | +0.0100% | 8h | 2.5151 | +0.040% | $35K | $16K | 10x | |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5160 | +0.076% | $3.2M | $6.2M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5170 | +0.115% | $855K | $593K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5161 | +0.080% | $3.8M | $2.5M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5146 | +0.020% | — | $33.8M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5102 | −0.154% | $25K | $380K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5165 | +0.096% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5139 | −0.008% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0256% | 1h | 2.5161 | +0.081% | $7K | — | 100x | as long as short |
| Hyperliquid PENDLE | +0.0308% | 1h | 2.5224 | +0.331% | $13.0M | $6.4M | 5x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0319% | 1h | 2.5194 | +0.211% | $353K | $485K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5150 | +0.036% | $145K | $468K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0865% | 1h | 2.5196 | +0.220% | $117K | $291K | 20x | as long as short |
Variational Omni PENDLE
Orderly PERP_PENDLE_USDC
Aster PENDLEUSDT
Reya PENDLERUSDPERP
Aevo PENDLE-PERP
Lighter PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Hyperliquid PENDLE
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD