Settings8H · net · $10k
Funding arb · Price arb /

PENDLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRnext payment $1.23 per $10,000 · paid last 24h −0.009%
Price spread now: Aster against Paradex+0.006%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm boardneeds 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PENDLE-USD-PERP2.50670.0100pay 0.0100% / 8h5h 18m$35K$15K10x
ShortAster PENDLEUSDT2.5069−0.0023pay 0.0023% / 8h5h 18m$48K$177K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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

Funding earned
−$25.81
Price spread: +0.006% → 0.000%
$0.59
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$37.22
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Aster live order book, 43 min ago5.59 bp36.5 bp −$36doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4938%1h2.4520−2.184%$2K$54K5.5xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0109%1h2.5047−0.082%$26K$14K10xas long as short
MEXC PENDLE_USDT−0.0078%8h2.5059−0.034%$17.5M$1.9M125xas long as short
Binance PENDLEUSDT−0.0075%8h2.5056−0.046%$26.8M$43.5M75xas long as short
Extended PENDLE-USD−0.0072%1h2.5051−0.064%$163K$570K10xas long as short
BloFin PENDLE-USDT−0.0054%8h2.5058−0.038%$1.3M$653K75xas long as short
Orderly PERP_PENDLE_USDC−0.0035%8h2.5057−0.042%$20K$15K10xas long as short
Aster PENDLEUSDTshort−0.0023%8h2.5069+0.006%$48K$177K10x
dYdX PENDLE-USD0.0000%1h2.5075+0.030%$11K5xas long as short
Variational Omni PENDLE+0.0011%8h2.4945−0.487%$561K$1.8Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PENDLE_USDT+0.0040%8h2.5050−0.070%$725K$1.1M75xas long as short
GRVT PENDLE_USDT_Perp+0.0059%8h2.4892−0.700%$416K$1.8M10xas long as short
Reya PENDLERUSDPERP+0.0060%1h2.5076+0.036%$4K15xas long as short
Aevo PENDLE-PERP+0.0064%1h2.5039−0.113%$26K3xas long as short
Lighter PENDLE+0.0096%1h2.5050−0.070%$535K$418K5xas long as short
Paradex PENDLE-USD-PERPlong+0.0100%8h2.5067long leg$35K$15K10x
Hyperliquid PENDLE+0.0100%1h2.5086+0.074%$12.8M$6.0M5xas long as short
Bybit PENDLEUSDT+0.0100%8h2.5052−0.062%$15.0M$12.2M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.5080+0.050%$3.2M$6.2M50xas long as short
KuCoin PENDLEUSDTM+0.0100%8h2.5061−0.026%$855K$573K50xas long as short
Bitget PENDLEUSDT+0.0100%8h2.5068+0.002%$3.8M$2.4M75xas long as short
BingX PENDLE-USDT+0.0100%8h2.5072+0.018%$33.5Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.4941−0.506%$25K$378K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h2.4958−0.437%$76K$235K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h2.5102+0.138%$16K$8K5xas long as short
SunX PENDLE-USDT+0.0100%8h2.5031−0.145%$2K$1.8M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0158% / S −0.0257%1h2.5060−0.029%$7K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0552%1h2.5120+0.210%$148K$496K25xas long as short
Kraken Futures PF_PENDLEUSD+0.0747%1h2.5079+0.046%$117K$280K20xas long as short
Backpack PENDLE_USDC_PERP+0.0759%1h2.5093+0.102%$363K$488K15xas long as short